Bombas

Bombas

Sells comfortable socks with donation model

About

Bombas creates comfortable socks and apparel while also making a social impact through its one-for-one business model. For every item purchased, Bombas donates a similar item to someone in need, addressing the high demand for socks in homeless shelters. The company offers a variety of products for men, women, and children, including socks, slippers, and other apparel, primarily through its e-commerce platform, bombas.com. Bombas stands out from competitors by combining high-quality, comfortable products with a strong commitment to social good, which fosters brand loyalty among socially conscious consumers. Additionally, Bombas has launched special collections, such as the Black Hive Collection, to celebrate Black excellence and support the contributions of Black creators. The goal of Bombas is to provide comfort to customers while also helping those less fortunate through their donations.

Company Stage

Late Stage VC

Employees

201-500

Industries

Social Impact, Consumer Goods

Total Funding

$149M

Headquarters

New York City, New York

Founded

2013


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Simplify's Take

What believers are saying

  • Recent $70 million equity investment supports product line expansion and market entry.
  • Seasonal collections, like the Essential Fall Edit, drive sales and customer excitement.
  • Digital advertising innovations in NYC raise brand awareness and engage urban consumers.

What critics are saying

  • Increased competition from similar socially responsible brands may dilute Bombas' uniqueness.
  • Expansion into slides and sandals could confuse consumers about Bombas' core identity.
  • Rising material costs may impact profit margins due to their donation commitment.

What makes Bombas unique

  • Bombas operates a one-for-one business model, donating socks for each pair sold.
  • The company collaborates with popular brands, like Disney, for unique product collections.
  • Bombas focuses on comfort and social impact, appealing to socially conscious consumers.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Parental Leave

Unlimited Paid Time Off

Paid Vacation

Phone/Internet Stipend

Wellness Program

Company Equity

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