![]() Allbirds Combines ESG Chic with Rapid Growth At the high end of that range, the IPO would earn Allbirds as much as $269 million.įounded in 2014, Allbirds has seen rapid growth in revenue over recent years, but it’s still racking up net losses. ![]() In a pre-IPO filing, the company said it would offer 19.2 million shares, priced between $12 and $14. On its website, Allbirds prominently features a tab dubbed “sustainability,” with a bevy of links to environmentally conscious initiatives. The firm is organized as a certified B-corporation, verified to balance profits with purpose and ecofriendliness. Much like the newly public eyeglasses company Warby Parker, Allbirds has an avid following among urban professionals, and it’s also fully embraced the ideals of sustainability. Trendy footwear startup Allbirds is set to launch an initial public offering ( IPO) this fall, with a valuation as high as $2.2 billion.
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