Tech Company Financing Transactions
Allbirds Funding Round
Allbirds, based in San Francisco, secured $100 million from Franklin Templeton, Baillie Gifford and Rockefeller Capital Management.
Transaction Overview
Company Name
Announced On
9/29/2020
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series E
Investors
Proceeds Purpose
The company intends to use the funds to enter new product categories, grow the business internationally and expand its fleet of brick-and-mortar stores.
Company Information
Company Status
Publicly-held
Industry
Consumer
Mailing Address
57 Hotaling Pl.
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Website
Email Address
Overview
Growing up in New Zealand, Tim Brown couldn't help but notice all the amazing qualities of merino wool. In fact, it made him wonder why such an incredible, sustainable resource had never been used in footwear before.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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