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    Bombas   From Wikipedia, the free encyclopedia Jump to navigationJump to search    This article is about the company. For the ethnic group, see Bomba (tribe).    Bombas Industry Clothing   Founded 2013 Founders Randy Goldberg, David Heath Headquarters  New York City   Website Bombas  is a sock manufacturer that follows a one-for-one business model similar to Toms Shoes. For each pair of socks purchased from Bombas, a pair is donated to the homeless. History  [edit]   Bombas was founded in 2013 by Randy Goldberg and David Heath. [1]  The two launched the company after seeing a Facebook post that mentioned the need for socks at homeless shelters. They adopted the one-for-one business model where the company would donate one pair of socks for each one purchased. [1]  The company first received funding in 2013, raising $145,000 through the crowdsource website Indiegogo. A year later the company raised $1 million in seed funding from friends and family. [2]  The founders appeared on Shark Tank in September 2014 where they   received additional funding of $200,000 from Daymond John in exchange for a 17.5% stake   in the company. [3]  In 2017, the company was on track for $50 million in sales. [4]      As of May 2018, the company has donated more than 8.6 million pairs of socks. [5]  Socks for purchase boast several engineered solutions for common sock problems such as the honeycomb arch support and blister tab [6] . Socks donated to the homeless have an anti-   microbial treatment and reinforced seams. [7]     References [edit]     1. ^ Jump up to: a   b   Segran, Elizabeth (29 July 2017).  Getting   Startups Fired Up About Social Justice, One Sock At A   Time  . Fast Company. Retrieved 25 October 2017.    2. Jump up^   Gelles, David (19 March 2016).  Selling High-   End Socks by Giving Them Away  . The New York Times.   Retrieved 25 October 2017.  3. Jump up^   Levitt, Shelley (9 September 2016).  How Bombas Socks Survived the 'Shark Tank'  . Success. Retrieved 25 October 2017.  4. Jump up^   Bombas Socks on Shark Tank Goes From $450,000 to $50 Million In Sales -  . 2017-09-05.   Retrieved 2018-06-20.  5. Jump up^   Meet Bombas, the cult-favorite sock startup that   has donated 8 million pairs to homeless shelters since   launching in 2013  . Business Insider. Retrieved 2018-06-11.     6. Jump up^   Sock Tech  . Company Website. Retrieved 2018-08-21.  7. Jump up^   Meet Bombas, the cult-favorite sock startup that   has donated 8 million pairs to homeless shelters since   launching in 2013  . Business Insider. Retrieved 2018-06-11.     External links [edit]        Bombas website     Good Morning America feature  This article about a fashion brand, house, corporation or company is a  stub. You can help Wikipedia by expanding it .     Categories:     Fashion company stubs     Companies established in 2013     Clothing manufacturers     Companies based in New York City  Navigation menu    Not logged in    Talk     Contributions     Create account     Log in      Article      Talk      Read      Edit      View history   Search   Go      Main page     Contents     Featured content     Current events     Random article     Donate to Wikipedia     Wikipedia store   Interaction    Help      About Wikipedia     Community portal     Recent changes     Contact page Tools    What links here     Related changes     Upload file     Special pages     Permanent link     Page information     Wikidata item     Cite this page Print/export    Create a book     Download as PDF     Printable version Languages  Add links      This page was last edited on 22 August 2018, at 16:12 (UTC).    Text is available under the Creative Commons Attribution-ShareAlike License;  additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization.    Privacy policy      About Wikipedia     Disclaimers     Contact Wikipedia     Developers     Cookie statement     Mobile view       


Dec 15, 2018


Dec 15, 2018
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