Rothy's
Team size: 201 - 500
Sector: Manufacturing and materials
About Rothy's
Company revenue: US$ 100 - 500 million
Investors: Brian Spaly, Finn Capital Partners, Goldman Sachs Investment Partners, Lightspeed Venture Partners, M13
Company stage: Other
Rothy's transforms sustainable materials into beautiful products for life on the go. Redefining expectations of comfort, style and sustainability, Rothy’s began by turning single-use plastic water bottles into artfully-designed shoes, and recently furthered its commitment to material innovation with the launch of The Bag Collection using recycled marine plastics. Considering every step of production, Rothy’s owns and operates its state-of-the-art production workshop and uses a proprietary 3D knitting process to significantly reduce material waste. Since launching in 2016, Rothy’s has repurposed over 60 million water bottles and today is approaching two million customers worldwide. Rothy's has raised a total of $44M in funding over 3 rounds, including secondary investments. In total, only $5M out outside capital has gone on Rothy’s balance sheet. Their latest funding was raised on Dec 18, 2018, a secondary investment from Goldman Sachs.