 | |
| Industry | Clothing |
|---|---|
| Founded | 2013 |
| Founders | Randy Goldberg, David Heath |
| Headquarters | |
| Website | bombas |
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.
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, with John providing $200,000 for 17.5% of the company. [4] In 2018, the company exceeded $100 million in revenue. [5]
In 2016, the company was featured in Max Hechtman's 2016 documentary FIT Hives: Sustainability - The Secret to Survival, which featured an interview with Heath talking about the company's mission and that their emblem was decided to be a bee with a crown would be its emblem as a reference to the Queen bee being at the center of the hive when pollenating with other bees. [6] [7]
By April 2020, Bombas had donated 35 million pairs of socks. [8]
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. [9] As of October 2023, they’ve done $1.3 billion in retail sales. [10]
In 2024, it was announced that Bombas would participate as one of the brand partners in the merchandising campaign for the upcoming first film of the two-part film adaptation of the musical Wicked for Universal Pictures. [11] [12] [13]
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