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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.

Valuation $54M
Revenue $125M
Total funding $100–500M

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
client focusb2btechnologyArtificial IntelligencetechnologyHardwaretechnologyDeep Learningbusiness modelSaaSsectorInfrastructure ServicessectorCloud StoragesectorCore AIsectorVerified Unicorns and $1B ExitssectorFrom $1B Exit to ZebrasectorAI Computing InfrastructuresectorAI ApplicationssectorVerified ThoroughbredsindustryHosting

Valuation & funding

Smartbird | formerly Allbirds funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 10 recorded eventsUnlock the complete deal history →

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.

YearRevenueGrowthEBITDAMargin
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%
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits7.5K 3-month web change-99.7% 1-year team growth-17%
Monthly website visits120 observations · Apr 2016–Jul 2026
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Comparisons

Smartbird | formerly Allbirds compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Smartbird | formerly Allbirds's talent

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Team profiled 33 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

22 investors on Smartbird | formerly Allbirds's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Series A 12 investors entered at this stage
Red Sea Ventures
Lerer Hippeau
Brendan Wallace
Mark Vadon
Peterson Ventures
Brainchild
Brand Foundry Ventures
Expansion Venture Capital
Maveron
Rosecliff Venture Partners
Tiger Global
Elephant
Series B+ 7 investors entered at this stage
T. Rowe Price
Fidelity Investments
ESO Fund
Franklin Templeton Investments
Baillie Gifford
Rockefeller Asset Management
Second Avenue Capital Partners

Global footprint

Where Smartbird | formerly Allbirds has talent and traffic

Workforce by country
19 countries with
team presence
🇺🇸 United States71.5%
🇬🇧 United Kingdom6.4%
🇨🇳 China5.8%
🇻🇳 Vietnam3.7%
🇨🇦 Canada1.7%
Top 5 of 19 shown

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.

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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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