MeUndies is an innovative e-commerce startup that has disrupted the $110B underwear industry with its unique business model. Founded in 2011 by Jonathan Shokrian, the company offers a subscription-based service, providing a fun and simple underwear shopping experience with a relentless emphasis on quality and service.
Unlike many of its peers, MeUndies has achieved profitability and enjoyed double-digit year-over-year growth. Its success is evident in the sale of over 23M pairs of underwear in all 50 states and in 37 countries around the world. Additionally, the company offers a diverse range of products, including men’s and women’s underwear, socks, bralettes, and loungewear.
The company’s most recent $40.00M Series C investment on 23 November 2020 from Provenance signifies strong investor confidence in MeUndies’ potential for continued growth and market disruption.
MeUndies’ commitment to revolutionizing the underwear retail experience marks it as a promising investment opportunity within the e-commerce, fashion, and retail industries, with a focus on customer-centricity and innovative business models.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $40.00M | 1 | 23 Nov 2020 | |
Series B | $9.00M | 9 | Sean Percival, Daniel Curran | 02 Sep 2015 |
Angel Round | $1.00M | 7 | Tom Dare, Nicolas Jammet +5 | 13 Nov 2013 |
Seed Round | Unknown | 2 | Arya Bolurfrushan | 15 Feb 2013 |
Seed Round | $400.00K | 8 | Tom Dare, Peter Pham +6 | 31 Dec 2011 |
No recent news or press coverage available for MeUndies.