Sportswear
New Balance
New Balance raises $5B Private at $7B valuation
$5B
Total Raised
Private
Latest Round
1906
Founded
8000+
Employees
100 Guest Street, Boston, MA 02135
1 min read
Quick Facts
Valuation
$7B
Latest Round Size
$5B
Latest Round Date
January 2024
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
Key Investors
Private
Lead Investor
Verified investor in Private
About the Author
Editorial Team
Curated funding news from verified sources
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