FIGS designs and sells antimicrobial, wrinkle-resistant, stain-repellent and lint-free medical apparel through a branded e-commerce platform for healthcare professionals. The company was founded in 2013 by Heather Hasson and Trina Spear and is based in Los Angeles, CA. FIGS plans to invest in technology and product customization and to accelerate its existing pipeline, including international expansion. Financially, FIGS raised $65M in the reported funding round, bringing total funding to $75M to date. The company intends to use the new capital to buy out existing investors as well as to fund the technology, customization and expansion initiatives. No operating metrics were disclosed in the article. FIGS produces technical medical apparel and fashion-forward scrubs featuring wrinkle-resistant and stain-repellent fabrics, multiple pockets designed to carry medical supplies, four-way stretch for movement, and antimicrobial treatments. The company was founded in 2013 by Heather Hasson and Trina Spear and is based in Los Angeles. FIGS plans to use new funding to increase inventory, explore and expand new product categories, and scale its team. The product positioning targets shortcomings in existing medical-scrub offerings by combining performance textiles with functional, fashion-forward design. Financially, the company has raised $10m to date and recently closed a new financing to support its growth plans.

Total raised

$70M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2018