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Smartbird | formerly Allbirds

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Pivoting from eco-friendly footwear to AI compute infrastructure (GPU-as-a-Service), rebranding as Smartbird.

San Francisco, United StatesFounded 2014AI
Valuation $29M Market cap · 2026
Revenue $125M Latest reported FY

About Smartbird | formerly Allbirds

Allbirds is a startup that specializes in creating sustainable and comfortable footwear. The company primarily serves environmentally conscious consumers who value both comfort and eco-friendliness in their shoes. Allbirds operates in the footwear market, targeting both men and women, and has expanded its product line to include socks, underwear, and accessories.

The business model of Allbirds revolves around direct-to-consumer sales through its website, allbirds.com, and select physical retail locations. This model allows the company to maintain control over its brand and customer experience while cutting out middlemen, which helps keep prices competitive. Allbirds makes money by selling its products directly to consumers, offering a range of items from everyday shoes to running shoes, all crafted from natural materials like wool and tree fibers.

Allbirds differentiates itself in the market by focusing on sustainability. The company measures the carbon footprint of its products and aims to reduce it continually. For example, the average sneaker emits 12.5 kg of CO2, while Allbirds' shoes emit only 7.6 kg. They are committed to further reducing this footprint, with a long-term goal of achieving zero carbon emissions.

In addition to its environmental focus, Allbirds emphasizes comfort. The company claims to offer the most comfortable shoes in the world, engineered with natural materials that provide a superior wearing experience. They also offer a 30-day trial period, allowing customers to return the shoes if they are not satisfied, no questions asked.

To summarize, Allbirds is a company that combines sustainability with comfort, targeting eco-conscious consumers through a direct-to-consumer business model. They make money by selling high-quality, environmentally friendly footwear and accessories, aiming to reduce their carbon footprint while providing exceptional comfort.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2014
Headquarters
San Francisco, United States
Listing
IPO 2021
Employees
464
Open positions
2
Dealroom signal
63.5/100
Industry
Hosting
Sector
AI, Infrastructure Services, Cloud Storage, Core AI, Verified Unicorns and $1B Exits, From $1B Exit to Zebra, AI Computing Infrastructure, AI Applications, Verified Thoroughbreds
Technology
Artificial Intelligence, Hardware, Deep Learning
Business model
SaaS
Client focus
b2b
Investment activity
5 companies, latest Apr 2021
Capital deployed
$28M
Preferred round
SEED

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO CONVERTIBLEOther financing Jun 2026 $5M — Undisclosed ↗
POST IPO DEBTDebt Jun 2025 $75M — Second Avenue Capital Partners ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $125M -18% −$63M -50.4%
2025 $152M -19.7% −$63M -41.3%
2024 $190M -25.3% −$78M -40.9%
2023 $254M -14.7% −$61M -24%
2022 $298M +7.3% −$77M -26%
2021 $277M +26.5% −$35M -12.5%
2020 $219M — −$23M -10.3%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Smartbird | formerly Allbirds website traffic

Latest recorded traffic for Smartbird | formerly Allbirds is 7.5K monthly website visits, down 99.7% over the last three months. Smartbird | formerly Allbirds's team declined 17% over the past year.

Latest monthly visits7.5K 3-month web change-99.7% 1-year team growth-17%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

22 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A12 investors entered at this stage

Series B and later7 investors entered at this stage

Team profiled 33 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
19 countries with
team presence
🇺🇸 United States71.5%
🇬🇧 United Kingdom6.4%
🇨🇳 China5.8%
🇻🇳 Vietnam3.7%
🇨🇦 Canada1.7%
Top 5 of 19 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Smartbird | formerly Allbirds 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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