About Bombas
Bombas is a company based in New York (United States) founded in 2013 was acquired by Great Hill Partners in June 2018.. Bombas has raised $252.42 million across 4 funding rounds from investors including Great Hill Partners. Bombas offers products and services including Socks, Underwear, T-Shirts, and Slippers and Slides. Bombas operates in a competitive market with competitors including Stance, ComradSocks, Pacas, PRO Compression and Gekks, among others.
- Headquarter New York, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Bombas Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$252.42 M (USD)
in 4 rounds
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Latest Funding Round
$70.56 M (USD), Series B
Aug 15, 2022
- Investors
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Employee Count
Employee Count
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Acquired by
Great Hill Partners
(Jun 08, 2018)
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Products & Services of Bombas
Bombas offers a comprehensive portfolio of products and services, including Socks, Underwear, T-Shirts, and Slippers and Slides. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comfortable socks for daily wear and athletic activities.
Quality underwear designed for comfort and support.
Versatile t-shirts suitable for casual and active use.
Comfortable slippers for everyday relaxation and mobility.
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Leadership Team
18 people
Product Management Team
15 people
Software Development Team
12 people
Creative and Marketing Team
10 people
Operations Team
7 people
Senior Team
6 people
Finance and Accounting
6 people
Data Analysis and Operations Team
6 people
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Funding Insights of Bombas
Bombas has successfully raised a total of $252.42M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $70.56 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $70.6M
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First Round
First Round
(07 Dec 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - Bombas | Valuation |
investors |
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| May, 2021 | Amount | Series A - Bombas | Valuation |
investors |
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| Mar, 2021 | Amount | Series A - Bombas | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bombas
Bombas has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Great Hill Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bombas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bombas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bombas Comparisons
Competitors of Bombas
Bombas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stance, ComradSocks, Pacas, PRO Compression and Gekks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Stance is recognized for selling socks, underwear, and apparel.
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| domain | founded_year | HQ Location |
Sells compression socks online for health benefits and daily wear.
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| domain | founded_year | HQ Location |
Internet first brand offering socks for men, women and kids
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| domain | founded_year | HQ Location |
Internet-first brand of sports gears
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| domain | founded_year | HQ Location |
Internet first brand of no-show socks
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bombas
Frequently Asked Questions about Bombas
When was Bombas founded?
Bombas was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Bombas located?
Bombas is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Bombas a funded company?
Bombas is a funded company, having raised a total of $252.42M across 4 funding rounds to date. The company's 1st funding round was a Series A of $150M, raised on Dec 07, 2017.
What does Bombas do?
Bombas was founded in 2013 in New York, United States, within the apparel sector. An online platform is utilized to sell athletic, leisure, woolen, and ankle socks designed for men, women, and children, with both aesthetic and functional features. Operations include a one-for-one donation model, where each purchase is matched with a pair donated to homeless shelters.
Who are the top competitors of Bombas?
Bombas's top competitors include Stance, Pacas and PRO Compression.
What products or services does Bombas offer?
Bombas offers Socks, Underwear, T-Shirts, and Slippers and Slides.
Who are Bombas's investors?
Bombas has 1 investor. Key investors include Great Hill Partners.