# Allbirds

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allbirds

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.allbirds.com/
- Total disclosed funding: $201M
- Latest round: Series E (Sep 22, 2020)
- Investors on record: 22

## About

Based in California, US, and founded in 2015 by Tim Brown and Joey Zwillinger, Allbirds, Inc. operates as a manufacturer of footwear made from wool and other natural materials. In September 2020, Allbirds raised USD 100 million in series E funding from Franklin Templeton, T. Rowe Price, Baillie Gifford, and TDM Growth Partners. As of August 2021, the firm filed an initial public offering (IPO) to be listed on the Nasdaq under the ticker symbol BIRD.
 
Allbirds, Inc. offers consumer products such as wool runners, tree dashers, casual sneakers, running shoes, flip-flops, and other men's and women's apparel. The company’s footwear is made from sustainably sourced materials such as tree fiber, sugarcane, and crab shells. The company also provides an online e-commerce platform that allows customers to find and order items through web and mobile applications.
 
The company plans to use its series E funding raised in September 2020 to accelerate growth, expand its product line, boost the direct-to-consumer sales operation, and support the brand’s fast-growing international business, and aid in the ongoing expansion of its fleet of brick-and-mortar stores.

## Funding rounds

- Series E, Sep 22, 2020, $99M — T Rowe Price, Rockefeller Capital Management, Franklin Templeton, TDM Growth Partners, Baillie Gifford, For Good Ventures
- Series D, Dec 23, 2019, $25M — Fidelity Investments, K2 Global, Fifth Wall Ventures, Baillie Gifford
- Series C, Oct 9, 2018, $50M — T Rowe Price, Fidelity Investments, Tiger Global Management
- Series B, Jul 28, 2017, $18M — Maveron, Tiger Global Management, Lerer Hippeau Ventures, Elephant
- Series A, Jul 19, 2016, $7.3M — Peterson Partners, Maveron, Rosecliff Ventures, Lerer Hippeau Ventures, Great Oaks Venture Capital, Slow, Red Sea Ventures
- Seed, Aug 3, 2015, $2.2M — Peterson Partners, Lerer Hippeau Ventures, Great Oaks Venture Capital, Slow, Expansion Venture Capital, Red Sea Ventures, Brand Foundry Ventures, Antipodean Advisors, Brainchild Holdings

## Investors

- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Seed, Series A
- Lerer Hippeau Ventures — Seed, Series A, Series B
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed, Series A
- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- Expansion Venture Capital (https://capitalatlas.ai/funds/expansion-venture-capital) — Seed
- Red Sea Ventures (https://capitalatlas.ai/funds/red-sea-ventures) — Seed, Series A
- Brand Foundry Ventures (https://capitalatlas.ai/funds/brand-foundry-ventures) — Seed
- Antipodean Advisors — Seed
- Brainchild Holdings (https://capitalatlas.ai/funds/brainchild-holdings) — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Series B
- Rosecliff Ventures (https://capitalatlas.ai/funds/rosecliff-ventures) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Elephant (https://capitalatlas.ai/funds/elephant) — Series B
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series C, Series E
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C, Series D
- K2 Global (https://capitalatlas.ai/funds/k2-global) — Series D
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series D
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series D, Series E
- Rockefeller Capital Management — Series E
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series E
- TDM Growth Partners (https://capitalatlas.ai/funds/tdm-growth-partners) — Series E
- For Good Ventures (https://capitalatlas.ai/funds/for-good-ventures) — Series E