About Floafers
Floafers is a company based in Dallas (United States) founded in 2014.. Floafers has raised $3.5 million across 3 funding rounds. Floafers offers products and services including Loafers, Slides, and Boots. Floafers operates in a competitive market with competitors including Koio, Kizik, Greats, Atoms and MSCHF, among others.
- Headquarter Dallas, 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 Floafers, 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
$3.5 M (USD)
in 3 rounds
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Latest Funding Round
$2.75 M (USD), Seed
May 22, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Floafers
Floafers offers a comprehensive portfolio of products and services, including Loafers, Slides, and Boots. 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 casual shoes for daily activities and style.
Easy-to-wear shoes ideal for casual outings and beach use.
Durable shoes designed for everyday comfort and versatility.
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Funding Insights of Floafers
Floafers has successfully raised a total of $3.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.75 million completed in May 2020. 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 3
- Last Round Seed — $2.8M
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First Round
First Round
(12 Sep 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - Floafers | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - Floafers | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - Floafers | 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 |
Investments & Acquisitions by Floafers
| 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 - Floafers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Floafers Comparisons
Competitors of Floafers
Floafers 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 Koio, Kizik, Greats, Atoms and MSCHF, 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 |
Handcrafted Italian leather sneakers are manufactured by Koio.
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| domain | founded_year | HQ Location |
Internet first brand offering performance footwear for men and women
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| domain | founded_year | HQ Location |
Men's sneakers with luxury materials are sold directly by Greats.
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| domain | founded_year | HQ Location |
Internet first brand selling unisex shoes
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| domain | founded_year | HQ Location |
Sneakers are offered by an internet-first brand established in 2016.
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| domain | founded_year | HQ Location |
Eco-friendly nursing footwear is provided by an internet-first brand.
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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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Frequently Asked Questions about Floafers
When was Floafers founded?
Floafers was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Floafers located?
Floafers is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Floafers a funded company?
Floafers is a funded company, having raised a total of $3.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Sep 12, 2017.
What does Floafers do?
Floafers designs and sells water loafers for men and women. Their patented design of loafers includes strategic vent holes and side gills for breath-ability in water and faster drying. They are made of closed cell EVA foam which is light weight, waterproof and anti-microbial. The shoes are mainly targeted for outdoor activities such as boating, fishing, golfing etc. They launched the shoe through a reward-based crowdfunding campaign on Kickstarter and reached their funding goal of 30k in 6 days in February 2017. The shoes are available for 40 on Kickstarter. The company was founded by Hayes Brumbeloe.
What products or services does Floafers offer?
Floafers offers Loafers, Slides, and Boots.