JUUL Labs

Produces electronic cigarettes and nicotine pods

Washington, District of Columbia, United States

About JUUL Labs

JUUL Labs produces electronic cigarettes, specifically the JUUL Device, which is a vaporizer designed to provide a nicotine experience through regulated temperature control. The JUUL Device is marketed as a healthier alternative to traditional cigarettes, targeting adult smokers who wish to quit or reduce their tobacco use. Users can purchase JUULpods, which contain nicotine and come in various strengths and flavors, to use with the device. JUUL operates mainly online through its website, JUUL.com, and also sells its products in e-cigarette shops and vape stores. The company differentiates itself from competitors by offering a membership program, JUUL Pass, which provides discounts and perks, as well as a referral program that incentivizes current users to bring in new customers. JUUL's goal is to provide a less harmful option for smokers while navigating a competitive and regulated market.

Washington, District of ColumbiaHeadquarters
2007Year Founded
$794.7MTotal Funding
GROWTH_EQUITY_NON_VCCompany Stage
Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

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

Risks

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.

Differentiation

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.

Upsides

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.

Funding

Total raised$794.72 M
Latest valuation$38.00 B
StageGROWTH_EQUITY_NON_VC
GROWTH EQUITY NON VC
10/31/2023
$1.3 K
DEBT
1/31/2020
$722
SECONDARY
8/31/2018
$12.8 K
$38.00 B
CONVERTIBLE
11/30/2017
$112
SERIES D
2/28/2017
$55
$275.00 M