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Knix

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An intimate apparel brand on a mission to inspire women to live unapologetically free

Toronto, CanadaFounded 2012Fashion
Valuation $250–500M Last recorded · 2022
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Knix

Knix Wear Inc. operates as a direct-to-consumer intimate apparel company, positioning itself in the market by focusing on functionality and comfort over traditional industry aesthetics. The company was founded in 2013 by Joanna Griffiths, who was inspired to address a gap in the market after a conversation with her mother about the physical changes women experience, particularly post-pregnancy leaks. Griffiths, who holds a B.Com from Queen's University and an MBA from INSEAD, leveraged her prior experience in media relations and marketing at firms like Universal Music and the Toronto International Film Festival to build the brand.

The company's core business revolves around creating and selling functional intimates, with a notable patent for its leakproof underwear technology that addresses both menstruation and incontinence. This product line is central to its brand, which has since expanded into wireless bras, activewear, shapewear, swimwear, and loungewear. Knix also developed a dedicated brand, Kt by Knix, to cater specifically to the needs of teens and tweens. The products feature multi-layered gussets with moisture-wicking, absorbent, and leak-resistant properties, designed to provide a comfortable and reusable alternative to disposable menstrual products. The business model is primarily direct-to-consumer (DTC) through its e-commerce platform, a strategic pivot made in 2016 after initially starting with a wholesale approach. This DTC focus is supplemented by a growing number of physical retail stores across North America and sales through Amazon.

A significant milestone occurred in July 2022, when the global hygiene and health company Essity acquired an 80% stake in Knix for US$320 million, valuing the company at US$400 million. Griffiths remained as President and retained the other 20% of the company. This acquisition followed a period of substantial growth, with reported net sales of CAD $133.6 million in 2021. The company’s marketing strategy emphasizes inclusivity and body positivity, often featuring real customers of diverse ages and sizes in its campaigns, a move that helped build a strong community around the brand.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Toronto, Canada
Employees
361
Open positions
None listed
Dealroom signal
82.8/100
Industry
Fashion
Sub-industry
Apparel
Sector
Fashion, Direct-to-Consumer, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jul 2022 $320M $400M Essity ↗
GROWTH EQUITY VC✓Equity / VC May 2021 $39M — Tom Williams · TZP Group · Ashley Graham · The Yard Ventures ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Knix website traffic

Latest recorded traffic for Knix is 940K monthly website visits, up 20.5% over the last three months. Knix's team grew 18% over the past year.

Latest monthly visits940K 3-month web change+20.5% 1-year team growth+18%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

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

Seed1 investor entered at this stage

  • Fashion Zone

Series A3 investors entered at this stage

Series B and later3 investors entered at this stage

  • Tom Williams
  • TZP Group
  • Ashley Graham

Other known investors5 additional known investors

  • Essity
  • AHR Growth Partners
  • Fritz Oidtmann
  • Meadow Ventures
  • SWAT Equity Partners
Team profiled 19 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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
5 countries with
team presence
🇨🇦 Canada95.9%
🇺🇸 United States2.6%
🇬🇧 United Kingdom0.8%
🇧🇷 Brazil0.4%
🇱🇰 Sri Lanka0.4%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Knix 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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