Provider of an online marketplace intended to offer footwear made of natural materials. The company's footwear is made from merino wool and fibers of eucalyptus trees which have properties that minimize odor, regulate temperature and wick moisture, providing customers with comfortable and sustainable shoes.
Profitable
Privately Held (backing)
Venture Capital-Backed
The company raised $50 million of Series C venture funding in a deal led by T. Rowe Price on October 11, 2018, putting the company's post-money valuation at $1.4 billion. Tiger Global Management, Fidelity Management & Research, Leonardo DiCaprio and other undisclosed investors also participated in the round. The company will use the funding to double down on its brick-and-mortar business.
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