THG Ingenuity

๐Ÿ“‚ Software Enterprise๐Ÿ“‚ E-commerce & Marketplace๐Ÿ“‚ Mobility & Logistics๐Ÿ“ Manchester๐Ÿ—“๏ธ Founded: 2004

Commerce-technology, fulfilment and content business demerged from THG PLC on 2 January 2025 and now private. Unicorn status is not verified on a realised value.

Europe's most interesting startup stories. Every week.

No spam. Unsubscribe anytime.

About THG Ingenuity

THG Ingenuity offers three services: digital-commerce technology (Commerce), logistics and warehousing (Fulfil) and content production for brands (Studios). A multi-year contract with THG PLC covers infrastructure, technology, fulfilment, carriers, marketing and content; the documented model is selling services, not selling clients' products directly. The group company is FIC Shareco Limited, with its registered office in Altrincham, and company announcements are datelined Manchester. The demerger from THG PLC completed on 2 January 2025 through the distribution of shares to shareholders who opted to receive them, and it is not an acquisition. In 2021 SoftBank had agreed an option over 19.9% at an enterprise value of US$6.3B (ยฃ4.5B), which was terminated in 2022; the demerger was based on an equity value of ยฃ87.8M. No primary rounds can be attributed to the standalone company, and the ยฃ90M placing of 2025 belongs to THG PLC. Gemma Spence has been appointed CEO from December 2026. It is not treated as a unicorn because no realised value of at least $1 billion is on record.

The Story

The group company was incorporated in 2004 with the THG group and became standalone through the demerger of 2 January 2025.

Products & Services

Key Products

  • Commerce: tecnologia per la vendita online
  • Fulfil: logistica e servizi di magazzino
  • Studios: produzione di contenuti per i marchi

Core Use Cases

  • Running a brand's online sales
  • Outsourcing logistics and warehousing

Market & Clients

Geographic Presence

GB

Funding & Investors

Total Funding

non verificato

Founding Team

Key Executives

  • Richard Ward - CEO (pagina aziendale corrente, senza data del ruolo)
  • Gemma Spence - CEO designata dal dicembre 2026 (annuncio del 08/09/2026)
  • John Gallemore - Passerร  al ruolo di chairman (annuncio del 08/09/2026)

Similar Startups

๐Ÿ“ Milan

369 SOLUTION ENUNCIABILE ANCHE 369 SOLUTION

Software solutions for debt management. Among the main offerings is a concrete opportunity to restart.

Read Analysis
๐Ÿ“ Milan

4FOODIES

Welcome to the delivery revolution! Whether it's pasta, pizza, piadina, sushi or poke, you can order them all from us and have them arrive at your home at the same time!

Read Analysis
๐Ÿ“ Milan

AI-MOBILITY

Innovative services for the Automotive sector. Our main offerings include development to keep pace with new industry trends and cutting-edge Information Technology in their respective markets.

Read Analysis

Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
Spotify ๐ŸŽง Apple