In 2011, when co-founder David Heath read that the #1 most requested item at homeless shelters wasn’t jackets, blankets, or even shoes but socks, he knew that he was going to make a difference.
Heath and friend Randy Goldberg designed specially fitted socks with anti-blister tabs and honeycomb arch support. They began selling their socks online, but when they appeared on the television show Shark Tank in 2014, they received $200,000 in exchange for a 17% share from Daymond John.
Since their appearance on Shark Tank, sales have skyrocketed. In 2018, Bombas sales hit the $100 million mark. The company offers a buy one donate one program where the company donates one pair of socks for every pair purchased. As of early 2018, the company says they’ve donated 7 million pairs of socks.
While a 12 pack of women’s ankle socks can hit a hefty $145, people are buying them left and right.
All socks come with a 100% money back guarantee if you don’t like the socks or if they don’t perform the way you expected.
Bombas states that business is booming, despite the coronavirus pandemic of 2020.
Company headquarters are located in New York, New York.
In 2011, when co-founder David Heath read that the #1 most requested item at homeless shelters wasn’t jackets, blankets, or even shoes but socks, he knew that he was going to make a difference.
Heath and friend Randy Goldberg designed specially fitted socks with anti-blister tabs and honeycomb arch support. They began selling their socks online, but when they appeared on the television show Shark Tank in 2014, they received $200,000 in exchange for a 17% share from Daymond John.
History
Since their appearance on Shark Tank, sales have skyrocketed. In 2018, Bombas sales hit the $100 million mark. The company offers a buy one donate one program where the company donates one pair of socks for every pair purchased. As of early 2018, the company says they’ve donated 7 million pairs of socks.
While a 12 pack of women’s ankle socks can hit a hefty $145, people are buying them left and right.
All socks come with a 100% money back guarantee if you don’t like the socks or if they don’t perform the way you expected.
Bombas states that business is booming, despite the coronavirus pandemic of 2020.
Company headquarters are located in New York, New York.
