Allbirds is an Internet-first sustainable footwear and apparel brand specializing in eco-friendly shoes made from merino wool, eucalyptus fiber, and other natural materials. The company’s mission is to reduce environmental impact through responsible manufacturing and innovative biomaterials.
Its product catalog includes sneakers, flats, sandals, and performance footwear, available on its website, in retail stores, and through global channels. Allbirds is recognized for comfort-first design, carbon labeling, and transparent sustainability practices.
What Is Allbirds and What Does It Do?
Allbirds, founded in 2015 by Joseph Zwillinger and Tim Brown, is headquartered in San Francisco, United States. The company develops eco-friendly footwear and apparel made from natural materials such as merino wool and eucalyptus fiber, emphasizing comfort, sustainability, and low carbon impact.
Allbirds employs 505 employees, focusing on responsible production, bio-based materials, and carbon-neutral product innovation.
Its offerings include shoes, flats, sandals, and lifestyle apparel designed for everyday wear. The company continues to push sustainable fashion through material innovation, circularity initiatives, and global retail expansion.
How Much Funding Has Allbirds Raised?
1. Seed Round
- Amount Raised: $2.7M
- Date: March 2016
- Lead Investors: Lerer Hippeau
- Motivation: To develop initial product lines and establish early brand presence.
2. Series A
- Amount Raised: $7.3M
- Date: October 2016
- Lead Investors: Maveron
- Motivation: To scale production capacity and expand product offerings.
3. Series B
- Amount Raised: $17.5M
- Date: September 2017
- Lead Investors: Tiger Global Management
- Motivation: To boost marketing, expand distribution, and accelerate brand growth.
4. Series C
- Amount Raised: $50M
- Date: October 2018
- Lead Investors: T. Rowe Price
- Motivation: To support global expansion and invest in new product innovation.
5. Series D
- Amount Raised: $25M
- Date: January 2020
- Lead Investors: Baillie Gifford, Fidelity
- Motivation: To expand retail footprint and strengthen e-commerce operations.
6. Series E
- Amount Raised: $100M
- Date: September 2020
- Lead Investors: Franklin Templeton
- Motivation: To accelerate growth, enhance supply chain, and scale sustainability initiatives.
Total Funding Raised: $255 Million
Latest Funding Date: September 2020
Key Investors
1. Baillie Gifford
- Details: A global investment management firm known for long-term growth investing.
- Investment Focus Areas: Equities, multi-asset portfolios.
- Notable Investments: Tesla, Amazon, Spotify.
2. Fidelity
- Details: A global financial services firm providing asset management, brokerage services, and investment advisory.
- Investment Focus Areas: Technology, consumer, and financial services.
- Notable Investments: Airbnb, Uber, SpaceX.
3. T. Rowe Price
- Details: A global asset management firm focused on long-term, research-driven investing.
- Investment Focus Areas: Mutual funds, retirement plans, tech, and consumer companies.
- Notable Investments: Google, Facebook, Microsoft.
4. Tiger Global Management
- Details: A global investment firm investing in high-growth consumer and tech companies.
- Investment Focus Areas: Internet, software, consumer, fintech.
- Notable Investments: LinkedIn, Stripe, JD.com.
Where Is Allbirds’ Headquarters?
Allbirds is headquartered in San Francisco, California, giving it access to leading sustainability researchers, material science innovators, and a strong consumer market aligned with its eco-friendly mission.
What’s Next for Allbirds?
Allbirds is focused on expanding globally, diversifying its product line, and pushing material innovation through natural and regenerative resources. The company is also targeting wholesale partnerships, new retail openings, and expanded performance product categories. With strong investor backing and a recognized sustainability brand, Allbirds is positioned to drive the next phase of eco-friendly fashion worldwide.
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