Sportswear
New Balance
New Balance raises $5B Private at $7B valuation
100 Guest Street, Boston, MA 02135January 1, 20241 min read
Latest funding
$5B
Valuation
$7B
Latest Round
Private
Employees
8000+
New Balance: Private Funding Round
New Balance has successfully raised $5B in Private funding, reaching a valuation of $7B.
Company Overview
Athletic shoe company
Funding Details
The Private round was led by Private.
Company Information
- Headquarters: 100 Guest Street, Boston, MA 02135
- Founded: 1906
- Employees: 8000+
- Category: Sportswear
Investment
New Balance plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Private: Verified investor in Private
Company Info
Headquarters
100 Guest Street, Boston, MA 02135
Founded
1906
Team Size
8000+
Last Round
$5B(Jan 2024)
Investors (1)
P
PrivateLeadLead Investor
Verified investor in Private
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