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FIGS

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Medical apparel of the highest quality

Culver City, United StatesFounded 2010Health Tech & Medtech
Valuation $1–2.5B Latest valuation · 2026
Revenue $500M–1B Latest reported FY
EBITDA $96M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding

About FIGS

FIGS, Inc. is a dynamic startup that has carved a niche in the healthcare apparel market. The company is founder-led and operates on a direct-to-consumer (DTC) model, meaning it sells its products directly to customers without intermediaries. This approach allows FIGS to maintain control over its brand and customer experience while offering high-quality products at competitive prices.

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The primary focus of FIGS is on healthcare professionals, including doctors, nurses, and other medical staff. The company aims to celebrate and empower these individuals by providing them with technically advanced scrubs and other apparel. These products are designed to offer a unique blend of comfort, durability, function, and style, making them stand out in a market traditionally dominated by less innovative options.

FIGS operates in the healthcare apparel and lifestyle market, a sector that has seen increasing demand due to the growing number of healthcare professionals and the need for better workwear solutions. The company's business model is built around its DTC platform, which is the largest in the healthcare apparel industry. This platform enables FIGS to reach a rapidly growing community of loyal customers who appreciate the quality and functionality of its products.

Revenue generation for FIGS comes from the sale of its apparel and lifestyle products. By cutting out the middleman, the company can offer its products at more affordable prices while maintaining healthy profit margins. Additionally, FIGS leverages social media and other digital marketing strategies to build brand awareness and drive sales.

In summary, FIGS, Inc. is a forward-thinking company that is redefining healthcare apparel through innovation and a strong focus on customer needs. Its direct-to-consumer model and commitment to quality have positioned it as a leader in its market.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Culver City, United States
Listing
IPO 2021
Sector
Health Tech & Medtech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Latest news

Press, funding announcements and product moves mentioning FIGS.

See all news

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Karlin Ventures
  • Crocs
  • 500 Global
  • Mohr Davidow Ventures

Series A6 investors entered at this stage

Series B and later1 investor entered at this stage

  • Tulco
Team profiled 23 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States93.1%
🇨🇦 Canada3.6%
🇬🇧 United Kingdom1.2%
🇲🇽 Mexico0.9%
🇮🇳 India0.3%
Top 5 of 8 shown
Web traffic by country
5.9M monthly visits
across markets
🇺🇸 United States64.3%
🇲🇽 Mexico6.4%
🇨🇦 Canada6.3%
🏳️ Korea3.5%
🏳️ Republic of3.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about FIGS on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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