EQLZ
A planet-based sneaker company that believes in simplicity and sustainability
About EQLZ
EQLZ is a direct-to-consumer sports brand centered on basketball culture, established in 2018 by a team that includes Winter, Rocky, David, and Yi. Although Pitchbook lists the founding year as 2021, the company's own materials and other sources point to a 2018 inception. The company is headquartered in Suzhou, China, and operates on a global scale with team members across Asia, North America, and Europe. In 2022, the company secured over $10 million in a Pre-A funding round from Dayone Capital and established a U.S. subsidiary in Los Angeles to accelerate its international expansion.
The founding team possesses significant industry experience, with key members hailing from the core divisions of major brands like Adidas and Anta. This industry background is bolstered by the recruitment of notable figures from the sneaker world. Legendary footwear designer Aaron Cooper, known for his influential work at Nike on signature shoes for top athletes, joined to spearhead performance innovation. The design roster also includes talents like Brett Golliff and David Burpee, who bring cross-disciplinary expertise from New Balance, automotive design, and engineering. This collective of designers, professional streetball players, and artists is united by the belief that basketball can be a powerful equalizer for future generations.
EQLZ positions itself as a brand for the next generation of basketball players, focusing on high-performance, affordably priced footwear and apparel. The business primarily generates revenue through online sales of its products, targeting young, passionate basketball players who may not have large disposable incomes. The brand aims to provide an alternative to more expensive equipment without compromising on quality or design. Its marketing strategy emphasizes grassroots engagement and authenticity, such as the "Hidden Gem" campaign which gifted shoes to unrecognized players discovered on social media, celebrating their stories rather than focusing on influencer marketing. The company also fosters community through initiatives like the EQLZ Academy in China, which supports high school basketball with elite training and competition.
The company's product line is distinguished by its blend of retro-inspired aesthetics with modern performance technology. Their debut performance basketball shoe, the EQLZ 247, was designed by Aaron Cooper and features a mix of premium leather and knit fabrics, along with PEBAX supercritical cushioning. Following the 247, the EQLZ 360 was introduced, tailored for agile players and featuring an upper lockdown system inspired by Nike's "monkey paw" technology from the early 2000s. The design process is deeply rooted in empathy for the player and employs advanced techniques like computational design and biomimicry; for instance, reaction-diffusion algorithms were used to shape the traction patterns on the outsole. EQLZ has also explored the digital realm with the EQLZ SOCIETY, a metaverse project intended to integrate virtual and real-world sneaker culture.
Source: Dealroom company dataAt a glance
- Founded
- 2021
- Headquarters
- Suzhou Shi, China
- Sector
- Fashion
Knowledge graph
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Source: Dealroom Talent Intelligence.
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