Bombas (socks) Net Worth – $200 million

What is Bombas’ net worth?

Introduction

A contestant on season 6 of Shark Tank aired in 2014, Bombas is a brand of athletic leisure socks that redefines comfort while paying it forward.

The creators of Bombas are David Heath and Randy Goldberg, who pitched their idea to the Shark Tank committee of investors in 2014.

They cut it close with their pitch, nearly walking out with next to no investment capital.

But at the last minute, they were able to secure a deal of $200,000 for a 17.5% stake in the business from Daymond John.

Since David and Heath secured the deal for their company Bombas, it has grown steadily over the years, ending up generating a high total value.

Read on to learn all there is to know about Bombas’ exact net worth, business history, products, and owners.

The Origin Story

Bombas is a sock company specializing in athletic leisure socks, designed to be able to compete with other brands that come in at $20 per pair, but for a fraction of the price.

Instead of having to pay $20 per pair, Bombas socks only cost $9 a pair.

Another bonus is that they’re sold directly to customers, not sold through a middleman.

Every pair of Bombas socks is made of ethically sourced Pima Cotton from Peru.

This special kind of cotton maximizes comfort for the wearer because of its special moisture-wicking qualities.

With a specialized honeycomb support structure for your arch, an absence of toe seams, and built-in blister protection, its wearers will experience premium comfort and functionality.