Bombas

Bombas

Comfort focused apparel brand with a mission to help those in need for every item sold, one is donated to someone in need. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2017201920202021
Revenues46.6m15.8m20.7m24.8m
% growth--31 %20 %
  • Edit
DateInvestorsAmountRound
-

N/A

-

$200k

Angel

N/A

Seed

$3.0m

Series A

N/A

Debt

$150m

Late VC

N/A

Secondary
Total FundingAUD237m

Recent News about Bombas

Edit
More about Bombasinfo icon
Edit

Bombas is a unique startup that focuses on creating comfortable socks and apparel while also making a significant social impact. The company operates on a one-for-one business model, meaning for every item purchased, Bombas donates a similar item to someone in need. This approach not only drives sales but also fulfills a critical social mission, addressing the high demand for socks in homeless shelters.

Bombas serves a diverse range of clients, including men, women, and children, offering a variety of products such as socks, slippers, and other apparel. The company operates primarily in the e-commerce market, allowing customers to shop online through their website, bombas.com. They also offer free shipping on U.S. orders over $50, which encourages larger purchases.

The business model of Bombas is straightforward yet impactful. They generate revenue by selling high-quality, comfortable socks and apparel directly to consumers. The unique selling proposition is their commitment to social good: for every item sold, a donation is made to someone in need. This not only helps those less fortunate but also builds a strong brand loyalty among socially conscious consumers.

Bombas has also launched special collections like the Black Hive Collection, which celebrates Black excellence and is created by Black employees at Bombas. This initiative not only diversifies their product line but also supports and highlights the contributions of Black creators.

In summary, Bombas is a socially responsible company that combines comfort-focused products with a mission to help those in need. Their one-for-one business model, diverse product offerings, and commitment to social causes make them a standout in the e-commerce apparel market.

Keywords: Comfort, Socks, Apparel, One-for-One, Donation, Homeless Shelters, E-commerce, Social Impact, Black Excellence, Brand Loyalty.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.