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Smartbird | formerly Allbirds
AI · San Francisco, United States · Founded 2014 · IPO 2021
Pivoting from eco-friendly footwear to AI compute infrastructure (GPU-as-a-Service), rebranding as Smartbird. MoreLess
Allbirds is a startup that specializes in creating sustainable and comfortable footwear. The company primarily serves environmentally conscious consumers who value both comfort and eco-friendliness in their shoes. Allbirds operates in the footwear market, targeting both men and women, and has expanded its product line to include socks, underwear, and accessories.
The business model of Allbirds revolves around direct-to-consumer sales through its website, allbirds.com, and select physical retail locations. This model allows the company to maintain control over its brand and customer experience while cutting out middlemen, which helps keep prices competitive. Allbirds makes money by selling its products directly to consumers, offering a range of items from everyday shoes to running shoes, all crafted from natural materials like wool and tree fibers.
Allbirds differentiates itself in the market by focusing on sustainability. The company measures the carbon footprint of its products and aims to reduce it continually. For example, the average sneaker emits 12.5 kg of CO2, while Allbirds' shoes emit only 7.6 kg. They are committed to further reducing this footprint, with a long-term goal of achieving zero carbon emissions.
In addition to its environmental focus, Allbirds emphasizes comfort. The company claims to offer the most comfortable shoes in the world, engineered with natural materials that provide a superior wearing experience. They also offer a 30-day trial period, allowing customers to return the shoes if they are not satisfied, no questions asked.
To summarize, Allbirds is a company that combines sustainability with comfort, targeting eco-conscious consumers through a direct-to-consumer business model. They make money by selling high-quality, environmentally friendly footwear and accessories, aiming to reduce their carbon footprint while providing exceptional comfort.
Keywords: sustainable footwear, eco-friendly, direct-to-consumer, natural materials, carbon footprint, comfort, wool shoes, tree fiber, environmentally conscious, Allbirds.
Company overview
Smartbird | formerly Allbirds company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- San Francisco, United States
- Employees
- 464
- Open positions
- 2
- Dealroom signal
- 63.5
- Investment activity
- 5 companies · latest Apr 2021
- Capital deployed
- $28M
- Preferred round
- SEED
Valuation & funding
Smartbird | formerly Allbirds funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO CONVERTIBLEOther financing | Jun 2026 | $5M | — | Undisclosed | ↗ |
| POST IPO DEBTDebt | Jun 2025 | $75M | — | Second Avenue Capital Partners | ↗ |
| IPOOther financing | Oct 2021 | $300M | $4.1B | Undisclosed | — |
| SERIES EOther financing | Sep 2020 | $100M | $1.6B | Baillie Gifford · Rockefeller Asset Management · T. Rowe Price · Franklin Templeton Investments | — |
| SERIES DOther financing | Dec 2019 | $25M | $1.6B | Maveron | — |
| SECONDARYOther financing | Mar 2019 | ESO Fund | — | ||
| SERIES COther financing | Oct 2018 | Tiger Global · Fidelity Investments · T. Rowe Price · Mark Vadon | ↗ | ||
| SERIES BOther financing | Sep 2017 | Lerer Hippeau · Brendan Wallace · Mark Vadon · Elephant | — | ||
| SERIES AOther financing | Sep 2016 | Great Oaks Venture Capital · Red Sea Ventures · Slow Ventures · Peterson Ventures | — | ||
| SERIES AOther financing | Apr 2016 | Red Sea Ventures · Lerer Hippeau · Brendan Wallace · Mark Vadon | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $125M | -18% | −$63M | -50.4% |
| 2025 | $152M | -19.7% | −$63M | -41.3% |
| 2024 | $190M | -25.3% | −$78M | -40.9% |
| 2023 | $254M | -14.7% | −$61M | -24% |
| 2022 | $298M | +7.3% | −$77M | -26% |
| 2021 | $277M | +26.5% | −$35M | -12.5% |
| 2020 | $219M | — | −$23M | -10.3% |
Growth signals
Smartbird | formerly Allbirds website traffic
Latest recorded traffic for Smartbird | formerly Allbirds is 7.5K monthly website visits, down 99.7% over the last three months. Smartbird | formerly Allbirds's team declined 17% over the past year.
Hiring
Open positions at Smartbird | formerly Allbirds
Current openings linked to this company in Dealroom.
Comparisons
Smartbird | formerly Allbirds compared with similar companies
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Capital deployed
Smartbird | formerly Allbirds investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
OpheliaPhiladelphia, United StatesMedication and support for opioid withdrawal, in the privacy of home
$200Mvaluation
Natural Fiber WeldingPeoria, United StatesDevelops technology that can use plants and natural fibers to make textiles, and other durable items
$340Mvaluation
Mate FertilityLos Angeles, United StatesMate Fertility | Making the Path to Parenthood Easier
$21Mvaluation
FairShakeOakland, United StatesCompany that empowers individuals to reach fair resolutions in disputes with large companies
$12Mvaluation
KindredNew York City, United StatesKindred is THE event for sustainable, purpose-led, business transformation
$21Mvaluation
Talent graph
Smartbird | formerly Allbirds's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Smartbird | formerly Allbirds has talent and traffic
team presence
In the news
Latest news about Smartbird | formerly Allbirds
Recent press, funding announcements, and product moves mentioning Smartbird | formerly Allbirds — open to read from the original sources.
Market sentiment
What the market is saying about Smartbird | formerly Allbirds
An AI-synthesized read of the highest-engagement posts about Smartbird | formerly Allbirds on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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