Bombas Shark Tank Net Worth (Updated 2025).

In 2013, two friends, Randy Goldberg and David Heath, launched Bombas, a sock company with a unique twist. They started their business on a simple but powerful premise: for every pair of socks sold, they would donate a pair to homeless shelters. This charitable model quickly captured the attention of the public, but it was their appearance on the TV show Shark Tank in 2015 that truly catapulted their career.

On the show, Goldberg and Heath pitched their innovative idea to a panel of successful investors, known as “sharks.” They sought $200,000 in exchange for a 20% stake in their company. Their passionate presentation and compelling mission resonated with the sharks, leading to a deal with FUBU founder Daymond John. This appearance not only provided the necessary funding but also exposed Bombas to a massive audience, sparking a surge in sales and solidifying their place in the market.

Bombas Shark Tank’s Current Net Worth (2025)

As of 2025, Bombas, the sock company that appeared on Shark Tank, has an estimated net worth of $150 million. This significant growth can be attributed to their unique business model and successful marketing strategies.

Career

Bombas was founded in 2013 by Randy Goldberg and David Heath. Prior to Bombas, Randy worked in marketing and David in finance. They combined their skills to create a company that donates a pair of socks to homeless shelters for every pair sold, a concept they pitched on Shark Tank in 2014.

Other Ventures

Beyond socks, Bombas has expanded its product line to include underwear, t-shirts, and other apparel. They’ve also launched a ‘Bombas for All’ initiative, offering a 20% discount to teachers, nurses, and other essential workers. Additionally, they’ve partnered with various sports teams and celebrities for co-branded collections.

Assets

Bombas’ primary assets include its robust e-commerce platform, strong brand recognition, and extensive distribution channels. They operate a successful online store and have partnerships with major retailers like Target and Nordstrom. Their headquarters, located in New York City, also serves as a significant asset.

Annual Income

Bombas’ annual revenue has consistently grown since its inception. In 2020, the company reported an annual income of $220 million, a significant increase from the $10 million it reported in 2017. This growth is a testament to the company’s successful business strategy and customer loyalty.

Frequently Asked Questions about  Bombas Shark Tank

Frequently Asked Questions: Bombas Shark Tank Net Worth

1. What is Bombas?

Bombas is a sock company that was founded in 2013 by Randy Goldberg and David Heath. The company is known for its high-quality, comfortable, and durable socks.

2. When did Bombas appear on Shark Tank?

Bombas appeared on Shark Tank in 2014, in Season 5, Episode 13.

3. How much money did Bombas ask for on Shark Tank?

On Shark Tank, Bombas asked for $200,000 in exchange for a 15% equity stake in the company.

4. Did Bombas get a deal on Shark Tank?

Yes, Bombas got a deal on Shark Tank. Kevin Harrington invested $200,000 in exchange for a 20% equity stake in the company.

5. What was the net worth of Bombas before Shark Tank?

The net worth of Bombas before appearing on Shark Tank was not disclosed.

6. What is the net worth of Bombas after Shark Tank?

The latest estimated net worth of Bombas is $100 million.

7. How has Bombas grown since appearing on Shark Tank?

Since appearing on Shark Tank, Bombas has experienced significant growth. The company has expanded its product line to include other types of clothing, and it has also launched a successful subscription service. Bombas has also become known for its “Buy One, Give One” model, where for every pair of socks sold, a pair is donated to a homeless shelter.

8. What is the “Buy One, Give One” model of Bombas?

The “Buy One, Give One” model of Bombas means that for every pair of socks purchased, the company donates a pair to a homeless shelter. This model is a key part of Bombas’ mission to help those in need.

9. Where can I buy Bombas socks?

Bombas socks can be purchased on the company’s official website, bombas.com, as well as on Amazon and in select retail stores.

10. Does Bombas still work with Kevin Harrington, the Shark Tank investor?

Yes, Bombas still works with Kevin Harrington, the Shark Tank investor. Harrington remains an active advisor and mentor to the company.