Allbirds plans expansion after securing $100 million funding

Tom Shearsmith

01 January 1970

Allbirds has announced plans for expansion after receiving $100 million USD in a round of Series E funding that closed last week.

The sustainable footwear maker announced today that it had received the investment from asset management firm Franklin Templeton, TDM Growth Partners, Rockefeller Capital Management, as well as additional new and returning investors.

The funds will be used to expand its product line into new categories, plus grow its international business, building on its sustainable brick-and-mortar store count.

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Allbirds plans expansion after securing $100 million funding