Bombas - a shark tank success story
Have you ever heard of bombas, know for there high end athletic socks it’s one of the most successful products in shark tank history
The company was founded in 2013 selling high end athletic socks and donating one of each pair sold to a homeless sheather. They also now sell T-shirt’s underware and slippers which also donate
Socks are one of the most requested items in homeless shelters
Here’s a video by bombas explain how it works
They launched an indegogo campaign and raised over $140,000 asking $15000
This shows how great there idea was
They then aired are shark tank in 2014 where a deal was made with Daymond John 200,000 for 17.5% original asking 200 for 5
There grown was rapid and by 2016 they were selling 1000 pairs a day,
225 million in lifetime sales
Bombas Socks - Better Socks, Better World