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About JUUL Labs
Industries
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$16B
Headquarters
Washington DC, District of Columbia
Founded
2007
Overview
JUUL Labs creates electronic cigarettes, with its main product being the JUUL Device, a vaporizer that delivers nicotine through regulated temperature control. The device is aimed at adult smokers looking for a healthier alternative to traditional cigarettes, and it uses JUULpods that come in different strengths and flavors. JUUL differentiates itself by focusing on adult users and offering a membership program for savings, along with a referral program to attract new customers. The company's goal is to assist smokers in transitioning away from conventional tobacco products.
Simplify's Take
What believers are saying
- JUUL raised $325 million in equity and debt financing, boosting financial stability.
- Increased demand for harm reduction products benefits JUUL's market positioning.
- Expansion of online sales channels enhances JUUL's product accessibility.
What critics are saying
- JUUL faces legal challenges, including a $438.5 million settlement over marketing practices.
- FDA's stay on JUUL's product removal order indicates potential regulatory issues.
- Patent infringement lawsuits from Altria and NJOY threaten JUUL's operations.
What makes JUUL Labs unique
- JUUL offers a unique alternative to traditional cigarettes with its vaporizer device.
- The company targets adult smokers seeking to quit or reduce tobacco consumption.
- JUUL's membership and referral programs enhance customer engagement and loyalty.
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Funding
Total Funding
$15963.6M
Above
Industry Average
Funded Over
6 Rounds
Tiger GlobalBenefits
A place to grow your career. We’ll help you set big goals - and exceed them
People. Work with talented, committed and supportive teammates
Equity and performance bonuses. Every employee is a stakeholder in our success
Boundless snacks and drinks
Cell phone subsidy, commuter benefits and discounts on JUUL products
Excellent medical, dental and vision benefits
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -1%NJOY meanwhile is suing JUUL for patent infringement in U.S. District Court in Delaware.
SAN FRANCISCO, CA, Juul Labs has raised $325 million in an equity and debt financing.
Juul Labs Inc. has secured a cash infusion from some of its early investors to stave off bankruptcy and plans to lay off about a third of its global staff,...
Altria Group Inc. said Friday it has taken a step that extricates it from its noncompete arrangement with vaping company Juul Labs Inc., freeing both...
(The Center Square) – Electronic cigarette company Juul will pay out $438.5 million to 33 states as part of a proposed settlement following a two-year investigation into the company’s marketing practices.
JUUL Labs is Hiring for 10 Jobs on Simplify!
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About JUUL Labs
Industries
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$16B
Headquarters
Washington DC, District of Columbia
Founded
2007
JUUL Labs is Hiring for 10 Jobs on Simplify!
Find jobs on Simplify and start your career today