Allbirds goes public

Written By Derek Weber

Allbirds shares soared over 90% in their market debut today on the Nasdaq after the company started trading at $21.21 per share. San Francisco-based sustainable shoemaker raised over $300 million in its IPO after pricing 20.2 million shares yesterday at $15 per share and is now valued at over $3 billion.

Founded in 2014, Allbirds was last valued at $1.70 billion following a $100 million Series E venture funding round led by Franklin Templeton in September 2020.

Derek Weber
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