Redbubble

Melbourne, Victoria

Classification

Public

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Redbubble is a global online marketplace for print-on-demand products featuring user-submitted artwork, founded in 2006 by Martin Hosking, Peter Styles, and Paul Vanzella. Headquartered in Melbourne, Australia, with additional offices in San Francisco, California, and Berlin, Germany, the company operates under Articore Group Limited (formerly Redbubble Group), publicly traded on the Australian Securities Exchange (ASX: ATG). Redbubble connects over 750,000 independent artists with millions of customers worldwide, offering a platform where artists can sell their designs on a variety of products without managing production or shipping. The company facilitates the sale of unique, high-quality items while maintaining a focus on fostering a creative and inclusive community. In 2018, Redbubble acquired TeePublic, expanding its reach in the print-on-demand market. Despite its growth, the company has faced criticism over intellectual property issues and inconsistent product quality due to its reliance on third-party manufacturers. Business/Product Breakdown Redbubble operates as a print-on-demand marketplace that enables independent artists to upload and sell their original designs on over 70 products, including apparel (t-shirts, hoodies, leggings), accessories (phone cases, stickers, bags), home decor (pillows, duvet covers, wall art), and stationery. Artists maintain copyright ownership, set their own profit margins (typically starting at 20%), and choose which products display their designs, while Redbubble handles production, shipping, and customer service through a global network of third-party fulfillers, including partnerships with carriers like UPS, FedEx, and DHL. The platform's key features include a user-friendly interface, a large existing customer base averaging 40 million monthly visitors, and automated processes that reduce the need for artists to manage inventory or marketing. Redbubble supports artists through tools like a no-code upload system, multilingual tag translation for global reach, and an artist residency program in Melbourne. The company also emphasizes environmental, social, and governance (ESG) initiatives, such as carbon capture programs and contributions to projects like the Pacaji REDD+ Rainforest project. However, challenges include variable product quality, commission fees ranging from 5-30%, and concerns about intellectual property theft due to the platform's open upload system.

Keywords

Keywords

Classified

Private