Allbirds

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Allbirds, Inc.

Wool Runners in white
Company type	Public company
Traded as	Nasdaq: BIRD (Class A)
Industry	Footwear
Founded	2016; 8 years ago (2016)
Founders	Tim Brown Joey Zwillinger
Headquarters	San Francisco, California, US
Number of locations	60 (2023)
Key people	Joe Vernachio (CEO) Annie Mitchell (CFO) Kelly Olmstead (CMO) Adrian Nyman (CDO)
Revenue	US$254 million (2023)
Operating income	US$−118 million (2023)
Net income	US$−153 million (2023)
Total assets	US$312 million (2023)
Total equity	US$185 million (2023)
Number of employees	927 (2023)
Website	allbirds.com
Footnotes / references [1]

Allbirds, Inc. is a New Zealand and American public benefit company that sells footwear and apparel, co-founded in 2014 by Tim Brown and Joey Zwillinger. The company is headquartered in San Francisco, California. It mostly uses a direct-to-consumer model in conjunction with distribution via select additional stores in addition to select Nordstrom and Dick's Sporting Goods locations.

Allbirds was founded as part of a suite of corporations funded via Kickstarter such as Warby Parker, and has based its corporate identity heavily on its sustainability. Since the 2020s, the company has faced criticism by legal scholars for "greenwashing" after it brought Dwyer v. Allbirds, Inc., a case accusing the company of misleading carbon offsets, to a motion to dismiss. Allbirds went public on November 3, 2021, but began to suffer from poor sales soon after, leading to a reworking of the company's C-suite from 2022 to 2024. On April 8, 2024, the company received a non-compliance notice from the Nasdaq for performing below $1 for over 30 days straight.

In the cultural sphere, the company's shoes are best known for their minimalist designs; association with environmental, social, and governance principles; and Silicon Valley. During the mid-to-late 2010s, the company became a fad among tech workers in major American cities and was worn by individuals such as Barack Obama and Leonardo DiCaprio.