About Cotopaxi
Cotopaxi is a company based in Cottonwood (United States) founded in 2013 by Stephan Jacob and Davis Smith. It operates as a Direct-to-Consumer (D2C), and Impact-First Hybrid. Cotopaxi has raised $74.86 million across 7 funding rounds from investors including Lerer Hippeau, Bain Capital Double Impact and Forerunner Ventures. The company has 81 employees as of December 31, 2020. Cotopaxi offers products and services including Packs & Bags, Contiguo Rain Poncho, Women's Apparel, and Men's Apparel. Cotopaxi operates in a competitive market with competitors including Everlane, True Religion Apparel, Chubbies Shorts, 100 Thieves and Levi's, among others.
- Headquarter Cottonwood, United States
- Employees 81 as on 31 Dec, 2020
- Founders Stephan Jacob, Davis Smith
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Global Uprising, Pbc Dba Cotopaxi
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74.86 M (USD)
in 7 rounds
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Latest Funding Round
$6.19 M (USD), Series B
May 22, 2025
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Investors
Lerer Hippeau
& 10 more
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Employee Count
81
as on Dec 31, 2020
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Products & Services of Cotopaxi
Cotopaxi offers a comprehensive portfolio of products and services, including Packs & Bags, Contiguo Rain Poncho, Women's Apparel, and Men's Apparel. 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.
Packs and bags are designed for outdoor activities.
Rain ponchos are made from deadstock fabric materials.
Women's apparel is crafted for outdoor and casual use.
Men's apparel is designed for outdoor and everyday wear.
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Funding Insights of Cotopaxi
Cotopaxi has successfully raised a total of $74.86M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $6.19 million completed in May 2025. 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 7
- Last Round Series B — $6.2M
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First Round
First Round
(22 Jul 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Cotopaxi | Valuation |
investors |
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| Sep, 2023 | Amount | Series B - Cotopaxi | Valuation |
investors |
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| Sep, 2021 | Amount | Series B - Cotopaxi | Valuation | Bain Capital Double Impact |
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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 Cotopaxi
Cotopaxi has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Lerer Hippeau, Bain Capital Double Impact and Forerunner Ventures. 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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Impact investing in health, education, and sustainability with a focus on financial and social returns.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 Cotopaxi
| 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 - Cotopaxi
| 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 |
Cotopaxi Comparisons
Competitors of Cotopaxi
Cotopaxi 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 Everlane, True Religion Apparel, Chubbies Shorts, 100 Thieves and Levi's, 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 |
Multi-category fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Men's casual apparel and swimwear are designed and retailed.
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| domain | founded_year | HQ Location |
Multi-category casual apparel is offered online for men and women.
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| domain | founded_year | HQ Location |
Internet first brand of apparel wear for kids, women, men and accessories
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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 Cotopaxi
Frequently Asked Questions about Cotopaxi
When was Cotopaxi founded?
Cotopaxi was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Cotopaxi located?
Cotopaxi is headquartered in Cottonwood, United States. It is registered at Cottonwood, Arizona, United States.
Who is the current CEO of Cotopaxi?
Lindsay Shumlas is the current CEO of Cotopaxi.
Is Cotopaxi a funded company?
Cotopaxi is a funded company, having raised a total of $74.86M across 7 funding rounds to date. The company's 1st funding round was a Series B of $45M, raised on Jul 22, 2014.
How many employees does Cotopaxi have?
As of Dec 31, 2020, the latest employee count at Cotopaxi is 81.
What does Cotopaxi do?
Cotopaxi is involved in the design and distribution of outdoor gear and apparel, including packs, bags, and clothing for men, women, and kids. The company operates with a focus on sustainability and social impact, channeling a portion of its revenue to the Cotopaxi Foundation to support communities and combat extreme poverty. Products are offered through a direct-to-consumer model with an emphasis on sustainable design and guaranteed quality.
Who are the top competitors of Cotopaxi?
Cotopaxi's top competitors include True Religion Apparel, Everlane and Levi's.
What products or services does Cotopaxi offer?
Cotopaxi offers Packs & Bags, Contiguo Rain Poncho, Women's Apparel, and Men's Apparel.
Who are Cotopaxi's investors?
Cotopaxi has 11 investors. Key investors include Lerer Hippeau, Bain Capital Double Impact, Forerunner Ventures, NEA, and Greycroft.
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