Dave Heath, co-founder and former CEO of Bombas, has made a strategic $5 million investment in Tenafly-based hospitality and lifestyle holding company Cure Companies and joined its Board of Directors.
The funding Heath supplied will support Cure’s continued portfolio expansion across affluent Northern New Jersey.
Cure Companies is behind companies such as Padel United Sports Club, ROSTO, The Blackwood Club, and the forthcoming Awaken Hotels & Residences.
Cure’s brand focuses on quality, community, and long-term brand equity, redefining what suburban lifestyle can look like, according to a release.
Its office is in the Englewood corridor, approximately 20 minutes from Midtown Manhattan.
Heath co-founded Bombas in 2013 and led the company from a Shark Tank pitch to one of America’s most successful direct-to-consumer brands, generating approximately $500 million in annual revenue, more than $3 billion in lifetime sales, and over 200 million items donated to those in need. He currently serves as its Executive Chairman.
Heath will now work with founder Jon Krieger to help shape the firm’s strategic direction and support the growth of its portfolio.
With Awaken Hotels & Residences in development on the former Clinton Inn site in partnership with Kamson Corporation and The Blackwood Club, set to open in September 2026, the company’s momentum continues.
