Predict your next investment

Corporation
INTERNET | eCommerce
barkbox.com

See what CB Insights has to offer


Stage

Acq - Pending | Acquired

Total Raised

$89.3M

Valuation

$0000 

About BarkBox

Bark is a provider of various services for dog owners. The company operates a monthly subscription site, Barkbox, with offers treats and toys, as well as an e-commerce site, Barkshop. It also organizes events for dogs and their owners.

BarkBox Headquarter Location

221 Canal Street Floor 2

New York, New York, 10013,

United States

973-532-2275

Latest BarkBox News

Not every SPAC is pure garbage – TechCrunch

Jun 6, 2021

Welcome back to The ProWellTech Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch , but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here . Ready? Let’s talk money, startups and spicy IPO rumors. Happy Saturday everyone. Despite it being a short week I feel pretty run over from the sheer news volume that we’ve put up with in the last few days. So let’s pause, repine and talk about SPACs as a nice little treat. No, we’re not going through a SPAC investor presentation teardown today. Though we will dig into the Babylon Health SPAC on Monday. Instead, we’re discussing the SoFi and BarkBox blank-check deals. Both began to trade this week after announcing their public debuts some time ago. And things went just fine? Here’s CNBC on SoFi’s first minutes as a public company: SoFi, short for Social Finance, went public by merging with Social Capital Hedosophia Corp V, a blank-check company run by venture capital investor Chamath Palihapitiya. The stock closed up more than 12% to $22.65. That’s not only a win for SoFi, but also for the somewhat-embattled Chamath Palihapitiya, whose SPAC bets have lost some luster in recent months; of course all SPAC-led debuts are speculative, but some retail traders appeared to index more on Palihapitiya’s reputation than fundamentals — what can you do! BarkBox also did perfectly ok when it began to trade this week after its own SPAC combination was consummated, as Barrons reported : BARK stock (ticker: BARK) jumped about 7.5% on Wednesday, to trade at around $12 in the afternoon. That gives the company a market value of close to $2.4 billion. BarkBox stock has since given up some of its gains, but managed to get public without falling below its initial SPAC price. That’s a win given how market conditions have shifted since its flotation was initially announced. Two wins in a single week is good news for SPAC-land and the myriad players on the blank-check and startup sides of the marketplace. Naturally two solid results does not a trend make, but it seems clear that for companies with material revenues the SPAC-route is not as potholed as we might have expected. The crypto wager If you think SPACs are generally annoying, just wait until we fuse the blank-check boom with crypto. As we are about to do! This week Circle, a crypto-focused company with a particular taste for stablecoins, raised $440 million . That was an ocean of capital for a company best known for the USDC stablecoin; it is also reported to be considering a SPAC-led IPO . What is a stablecoin? It’s a cryptocurrency that is pegged to a fiat currency. In the case of USDC, as you surmised, the coin is pegged to the US dollar. Stablecoins are useful fiat comps inside the crypto world and have proven to be hugely popular. Circle’s USDC has $22.8 billion worth of supply in circulation, it claims, and several billion in daily transactions, per CoinMarketCap data. That’s not bad! But what isn’t as clear to your humble servant is precisely how the firm generates huge revenues at super-attractive gross margins. Which is what we’d expect from a company that just locked down nearly a half-billion dollars (or USDC, we suppose) in private capital in a single go. So, for once, bring on the SPAC. Because we want to see the damn numbers, and quickly, given our sheer curiosity. Growth? Wrapping, Ron and I got to dig into a number of public companies’ earnings reports the other day , essentially discovering that the vaunted digital transformation acceleration is actually coming true for some companies. This week’s news continued the argument. Zoom’s earnings, for example, backed up our thesis. Its revenues were up 191% in Q1 F2022 compared to Q1 F2021. That’s just bonkers good. On the other end of the spectrum are Dropbox and Box, which are under fresh pressure this week from external investors. The pair of former private-market darlings have run into a growth wall and are taking incoming fire due to it. Grow or die is more than just startup advice. It’s what software companies need to do if they want to stay in charge of their own destiny.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing BarkBox

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned BarkBox in 1 CB Insights research brief, most recently on Dec 8, 2020.

Expert Collections containing BarkBox

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BarkBox is included in 6 Expert Collections, including CPG & Retail Innovation.

C

CPG & Retail Innovation

255 items

AI, proximity marketing, product discovery, and more for CPG brands.

E

E-Commerce

8,127 items

E

E-Commerce Subscription

345 items

P

Pet Technologies

682 items

This Collection includes startups that make pet food, treats, and accessories, pet-focused retailers, and pet services like dog walking marketplaces and vet clinics.

T

Tech IPO Pipeline 2019

286 items

H

Household Essentials & Pet

186 items

This Collection includes companies developing household essentials- and pet-related products, including household cleaners, laundry detergents, paper goods, and pet food and accessories.

BarkBox Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

BarkBox Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.