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305:. Xero Shoes introduced its first closed-toed shoes in 2016. In April 2017, the company began a crowdfunding campaign to raise capital for expansion of its product offering. By September, the company had raised more $ 1 million.
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In
December 2020, TZP Group, a private equity firm, acquired a minority interest in the company for $ 12.5 million. On November 11, 2021, Xero Shoes expanded into Europe with a new website at xeroshoes.eu and a second office in
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Xero Shoes was founded by Steven Sashen and Lena
Phoenix, a married couple who started the company in 2009. Sashen had suffered running injuries and, inspired partly by the book
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sandals made only of a rubber sole and laces, but the company later introduced ready-made sandals and closed-toed shoes. Xero Shoes was featured on
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312:, the US team used Xero Shoes when not inside the pool. The company's shoes were also used by some of the athletes on US archery team.
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Initially based out of their home office, in late 2012, Sashen and
Phoenix moved the company to a building on Conestoga Court in
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In April 2023, McDougall and Eric Orton announced the release of a new line for Xero Shoes named Born to Run.
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282:. On an episode that aired on February 1, 2013, Sashen and Phoenix appeared before investors on the
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677:"Retail Intel: REI Co-Op to Open a Sustainability-Focused Distribution Center in Tennessee + More"
704:"A decade after 'Shark Tank,' founders of Broomfield's Xero Shoes don't regret declining a deal"
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430:"Make Shoes in U.S., or Pay Tariffs? A Footwear Company Seeks a Third Option (Published 2019)"
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business reality show, but rejected an offer of $ 400,000 for 50% of the company from
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464:"Cancer diagnosis leads man to embrace running in sandals, develop healthy lifestyle"
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Founded in 2009 by Steven Sashen and Lena
Phoenix, the company's initial product was
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490:"Xero Shoes Looks to Next Chapter of Growth Following TZP Group Investment"
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374:"Boulder company Xero Shoes to appear on ABC reality show 'Shark Tank'"
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255:. They also hired Dennis Driscoll, who has previously worked for
600:"Xero Shoes raises $ 1 million in equity crowdfunding campaign"
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570:"New year may bring more small business help from Washington"
730:"Born to Run: New Partnership with Denver-based Xero Shoes"
626:"Colorado shoe company takes a big step into the Olympics"
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and gained success after the appearance in
February 2013.
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assembled by the user and were called "Invisible Shoes".
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In
January 2015, the company moved into a new office in
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artistic swimming events at the 2020 Summer
Olympics
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519:"Lena Phoenix of Xero Shoes gives company 'soul'"
545:"NoCo startup scores investment on Shark Tank"
129:Lena Phoenix (president and board chairwoman)
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488:Dobrosielski, Chelsea (December 30, 2020).
652:"Xero Shoes raises private equity funding"
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16:Brand of lightweight minimalist footwear
428:Goodman, Peter S. (September 2, 2019).
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132:Dennis Driscoll (chief product officer)
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244:. These original sandals were
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162:$ 23.0 million (2020)
159:$ 33.6 million (2021)
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265:Dr. Martens
229:Born To Run
771:Categories
345:Xero Shoes
327:References
280:Shark Tank
207:Shark Tank
186:Xero Shoes
143:Xero Shoes
115:Key people
75:2009-11-23
43:Xero Shoes
38:Trade name
687:March 31,
442:0362-4331
175:xeroshoes
276:season 4
140:Products
62:Footwear
58:Industry
807:Running
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308:At the
214:History
170:Website
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68:Founded
630:9 News
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318:Prague
267:, and
83:, U.S.
261:Crocs
240:from
238:laces
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382:2013
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257:Avia
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