Allbirds have raised ~$10million in funding from some top investors, and seem to be the show of Silicon Valley, as I notice many entrepreneurs and VCs wearing them. they're well liked for their minimalist design and the unique aspect that they're made from merino wool.
They've now launched a new slip-on lounger version to complement their sneakers
Who here expects an animal rights group to be all over this company as it scales?
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@thejoshuaday from their website "Our merino wool is ZQ-certified, which means it meets stringent standards of sustainable farming and animal welfare. In other words, no sheep were harmed in the making of these shoes." https://www.allbirds.com/pages/o...
Hey guys, just hopping in here to clarify a few things re: AllBirds.
(Disclaimer: we invested in the seed round.)
AllBirds has been a bit of a runaway hit in terms of sales with their laceups, and it's definitely been quite popular across founders and VCs, but it's also because of how ridiculously comfortable they are. The $95 price point is pretty common when you compare it to shoes in a similar area (Nike Free, Adidas NMD, etc.) and merino wool is breathable and moisture wicking so you can really wear them without socks. (Plus you can throw them in the wash!)
The loungers are great because they're a cleaner, tailored style and are super easy to wear with everything. I understand the $95 price point may seem steep but it's definitely worth the trial. I'm personally excited to see it do well with women, as many women have been wanting to get a version of AllBirds that are more work appropriate!
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