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Day Owl
Day Owl: Backpacks for Sustainable Days. Made with Recycled Plastic
About Day Owl
Day Owl is a direct-to-consumer brand specializing in backpacks and accessories with a business model deeply rooted in social and environmental responsibility. The company operates as a certified B Corporation, signifying its commitment to high standards of social and environmental performance. Day Owl's business is built on the principle of a circular economy; it manufactures products from recycled, landfill-bound materials and provides repair and refurbishment services to extend the life of its bags.
The company was founded as a brand under Thread International by Ian Rosenberger in 2020. The idea originated from Rosenberger's experiences in Haiti following the 2010 earthquake. Witnessing extensive poverty and waste, he conceived the idea of converting plastic trash into fabric, which would in turn create jobs. This led to the creation of Thread International in 2011, which evolved into First Mile®, Day Owl's sister organization. First Mile® establishes and formalizes waste collection networks in low-income communities, providing a transparent supply chain for global brands. Rosenberger's background as a former contestant on the TV show *Survivor* and his work as a producer gave him insights into the power of storytelling to drive action, which he applied to his entrepreneurial ventures.
Day Owl's primary product is its backpack, designed for everyday use with a minimalist aesthetic suitable for both professional and casual settings. The backpacks are constructed from First Mile® waxed canvas, a durable and weather-resistant fabric made from 100% recycled post-consumer plastic bottles. Key features of the backpacks include a padded laptop compartment, a spill-resistant water bottle pocket, and various organizational pockets for smaller items. The company also offers a take-back program, allowing customers to send in old backpacks—from any brand—to be repaired, recycled, or responsibly disposed of. Revenue is generated through the direct sale of its products, which include backpacks in various sizes, pouches, and totes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Pittsburgh, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 31.7/100
- Industry
- Fashion
- Sector
- eCommerce & Marketplaces, Recycling, Waste Reduction, Sustainable Development Goals, Climate Tech, Circular Economy
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Mar 2023 | $0 | — | Undisclosed | — |
| SERIES BEquity / VC | Nov 2019 | $4.5M | $18M | Undisclosed | — |
Growth signals
Latest recorded traffic for Day Owl is 36K monthly website visits, up 176.9% over the last three months. Day Owl's team declined 16.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
Innovation Works
Social Venture Circle
Riverfront Ventures
BlueTree Allied Angels
Draper Triangle Ventures
DNS Capital
Idea Foundry
H&M Group Ventures
Beringea
Balderton Capital
Forward Partners
Other known investors2 additional known investors
Magarac Venture Partners
Unreasonable Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Day Owl on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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