Cotopaxi (company)
Outdoor gear company
From Wikipedia, the free encyclopedia
Cotopaxi is a Salt Lake City-based outdoor gear company known for colorful, sustainably made backpacks and jackets, adorned with a llama mascot.[1][2]
| |
| Type | Private benefit corporation |
|---|---|
| Industry | Apparel |
| Founded | 2014 |
| Founder | Davis Smith and Stephen Jacob |
| Headquarters | Salt Lake City, Utah, U.S. |
| Products | Outdoor clothing and gear |
| Website | cotopaxi |
History
Cotopaxi was founded in 2014 by Davis Smith, Stephan Jacob and CJ Whittaker.[3] The company took its name from a volcano in Ecuador, where Smith had spent time as a child.[4] It was certified as a B corporation.[5]
Range Light Ventures, now known as Ridgeline Ventures, led a 2016 funding round of $11.1 million for Cotopaxi. In 2021, the company announced a funding round of $45 million, which included Bain Capital.[6]
Leadership
Smith stepped down as CEO in 2023 to serve a three-year mission for The Church of Jesus Christ of Latter-day Saints in Recife, Brazil. He was replaced by Damien Huang.[7] Huang left in 2024 and was replaced by Lindsay Shumlas, who had been serving as chief operation officer and chief financial officer for the company.[8]