David Heath

David Heath is an American entrepreneur and executive chairman of Bombas, the sock and apparel company he co-founded in 2013 with Randy Goldberg.^[3] The company has generated over $1 billion in lifetime revenue and donated more than 100 million items to homeless shelters and community organizations through its one-for-one giving model.^[4]

Bombas became the most successful company to emerge from Shark Tank, securing a $200,000 investment from Daymond John in 2014 for 17.5% equity.^[5] The company has since raised $279 million in total funding and generates over $100 million in annual revenue.^[8][5] Heath currently serves as executive chairman after transitioning from his role as CEO.^[1]

Before founding Bombas, Heath worked in business development at media startup UrbanDaddy and on new media acquisitions at Yucaipa Companies.^[3] He graduated from Babson College in 2005 with a degree in marketing, management, and entrepreneurship.^[9]

Heath graduated from Babson College in 2005 with a Bachelor of Science degree in marketing, management, and entrepreneurship.^[9] During his time at Babson, he was exposed to the college's entrepreneurship-focused curriculum that would later influence his approach to building Bombas.^[9]

After college, Heath worked in various roles including business development at media startup UrbanDaddy, where he was among the founding employees.^[3] He later joined Yucaipa Companies, working on new media acquisitions and strategy.^[3] During this period, he met his future co-founder Randy Goldberg while both were working at startups in their twenties.^[3]

Bombas (2013–present)

Heath co-founded Bombas in 2013 with Randy Goldberg after learning that socks are the most requested clothing item at homeless shelters.^[4] The company was initially conceived not as a business venture but as a way to address homelessness through a one-for-one donation model.^[4] For every pair of socks sold, Bombas donates a pair specifically designed for homeless individuals to shelters and community organizations.^[1]

The company gained national attention in 2014 when Heath and Goldberg appeared on Shark Tank, securing a $200,000 investment from Daymond John for 17.5% equity.^[5] This investment helped accelerate Bombas' growth from a startup generating hundreds of thousands in revenue to a company bringing in over $100 million annually by 2019.^[5]

Under Heath's leadership as CEO, Bombas expanded beyond socks into underwear, t-shirts, and other apparel categories while maintaining its social mission.^[1] The company has raised $279 million in total funding and achieved over $1 billion in lifetime revenue, making it the most successful Shark Tank company of all time.^[8][4]

In 2024, Heath transitioned from CEO to executive chairman as Bombas opened its first physical retail stores in New York City and expanded into wholesale partnerships with Target.^[2] The company has donated over 100 million items to date through its giving program.^[4]

Heath was named Ernst & Young Entrepreneur of the Year in 2017 for his work building Bombas.^[7] He has spoken at the Milken Institute Global Conference and serves as a distinguished speaker at various entrepreneurship events.^[7][10]

Heath has been featured on major media outlets including CNBC, where he discussed Bombas' growth strategy and social mission.^[5] He appeared on NPR's How I Built This podcast in 2022, sharing the company's founding story and lessons learned from scaling a mission-driven business.^[3]