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NEW YORK, NEW YORK - AUGUST 31: People walk past an Allbirds store, a maker of sustainable shoes, in lower Manhattan on August 31, 2021 in New York City. The shoe company has announced that it is preparing an initial public offering (IPO). The company has lost money and expects it will continue to be unprofitable for the foreseeable future. (Photo by Spencer Platt/Getty Images)

Allbirds Agrees to $39 Million Sale in a Sharp Repricing of a Once-Hyped Brand

Allbirds has agreed to sell its assets and intellectual property for $39 million, a fraction of the valuation and capital it commanded during its public-market peak.

Key Takeaways

Allbirds agreed to sell its assets and IP for $39 million.
The company raised about $348 million in its 2021 IPO and once topped a $4 billion valuation.

DT Editorial Team·Mar 31, 2026·via techcrunch.com