Bombas

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This article is about the company. For the ethnic group, see Bomba (tribe).
Bombas
IndustryClothing
Founded2013
FoundersRandy Goldberg, David Heath
Headquarters
New York City
Websitebombas.com

Bombas is an apparel brand. The company originally sold socks and began selling T-shirts in 2019. For every item purchased, a clothing item is donated to a homeless shelter or homelessness-related charity.

History[]

Bombas launched in 2013, after founders Randy Goldberg and David Heath[1] learned that socks are the most requested clothing item in homeless shelters.[2] They established the brand’s mission to donate one pair of socks for every pair purchased.[2]

The company first received funding in 2013, raising nearly $145,000 through the crowdfunding website Indiegogo. A year later, the company raised $1 million in seed funding from friends and family.[3] The founders appeared on a September 2014 episode of ABC’s Shark Tank and secured a deal with Daymond John. In 2018, the company exceeded $100 million in revenue.[4]

By April 2020, Bombas had donated 35 million pairs of socks.[5]

In June 2020, Bombas released a collection of socks for which the company would donate an apparel item to a charity supporting LGBT youth for each item purchased.[6]

References[]

  1. ^ Segran, Elizabeth (July 29, 2017). "Getting Startups Fired Up About Social Justice, One Sock At A Time". Fast Company. Retrieved October 25, 2017.
  2. ^ a b D'Innocenzio, Anne (August 19, 2018). "Online socks seller Bombas mixes commerce and charity". AP News. Retrieved November 8, 2019.
  3. ^ Gelles, David (March 19, 2016). "Selling High-End Socks by Giving Them Away". The New York Times. Retrieved October 25, 2017.
  4. ^ Weisul, Kimberly (May 16, 2019). "Bombas: Charitable at the Start, Profitable by Year 3, and Only 3 Employees Have Ever Quit". Inc.com. Retrieved November 8, 2019.
  5. ^ Leighton, Mara (April 17, 2020). "Bombas socks review: the best socks we've ever worn". Business Insider. Axel Springer SE. Retrieved April 20, 2020.
  6. ^ Miller, Charlie; Miller, Carballo (May 12, 2020). "Celebrate LGBTQ Pride Month With Gear From Brands That Give Back". Footwear News. Retrieved May 29, 2020.{{cite web}}: CS1 maint: url-status (link)

External links[]

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