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Allbirds – Cyndx Finder Analysis

Allbirds – Cyndx Finder Analysis

Allbirds, a environmentally-focused woolen shoe manufacturer, has recently raised $50million in a series C financing, led by T. Rowe Price and Fidelity. This brings the total funding for Allbirds up to $75M.

Allbirds creates footwear from sustainable materials to promote eco-friendly fashion-forward styles. Some of the products sold by Allbirds include a eucalyptus tree pulp runner and sugarcane-based flip flops.  The aim for the company is to lead through sustainability. To do this, Allbirds plans to utilize the capital raised to investigate alternative materials for the shoes, as well as launching into new markets. Currently, the company sells through e-commerce platforms but the company aims to launch a London-based store in the coming year.

 

Some Cyndx Finder Comparables (Private Companies):

These comparable companies have been generated using Cyndx Finder, a tool for Private Equity firms, Venture Capital Firms, and Investment Banks to analyze the entire Private Company universe and identify the most relevant and appropriate opportunities for acquisitions or market analysis.

Sockwa

Sockwa

Sockwa develops light-weight, athletic footwear for sports and beachwear

 

 

BENJAMINS

Benjamins

Benjamins uses carefully selected materials to craft high-end, luxury shoes in small, limited batches

 

Other Sources:

Sources used to verify and support the funding history and company statistics:

  1. Axios
  2. MarketWatch
  3. Footwear News

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