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MeUndies has raised $49.4M across 3 funding rounds.
Key people at MeUndies.
MeUndies has raised $49.4M in total across 3 funding rounds.
MeUndies produces and sells premium underwear, bras, and socks directly to consumers, primarily via subscription. It prioritizes comfort, quality, and expressive designs. Products are crafted mainly from MicroModal, a sustainably sourced beechwood fabric known for exceptional softness and breathability. This direct approach ensures consistent quality and a streamlined experience.
Jonathan Shokrian founded MeUndies in 2011, motivated by dissatisfaction with traditional underwear shopping. His insight reinvented this routine purchase, offering high-quality, comfortable basics with convenience and distinct style. Shokrian aimed to build a brand fostering positive emotional connection through its direct-to-consumer model.
MeUndies targets consumers seeking comfortable, stylish, self-expressive foundational apparel. Its mission inspires confidence and individuality, believing inner comfort empowers personal expression. The company envisions transforming everyday basics, integrating comfort and personal style into daily life.
Key people at MeUndies.
MeUndies has raised $49.4M across 3 funding rounds. Most recently, it raised $40.0M Series C in November 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2020 | $40M Series C | — | — | Announced |
| Sep 1, 2015 | $9M Series B | — | Acrew Capital, Crosslink Capital, Grace Beauty Capital, Greylock, Kapor Capital, M13, Marcy Venture Partners, Moonshots Capital, Glenn Solomon, Spring Capital, Doug Barry, Jared Leto, Leonardo Dicaprio, Sofia Vergara | Announced |
| Dec 1, 2011 | $400K Seed | — | Coatue, Craft Ventures, FF Venture Capital, Frontier Ventures, Kapor Capital, M13, Marcy Venture Partners, Science, Spring Capital, Trust Ventures, Anthony Choe, Jared Leto, John Legend, Jonathan Neman, Matt Coffin | Announced |
The premise of your query is incorrect: MeUndies is not a technology company—it is an e-commerce company that operates a direct-to-consumer underwear and loungewear subscription service[2].
MeUndies is a direct-to-consumer (D2C) e-commerce brand specializing in comfortable, sustainably-made underwear and loungewear[1][2]. Founded in 2011 by Jonathan Shokrian, the company has grown into a powerhouse brand that has sold over 12 million pairs of underwear[3]. The company is headquartered in Los Angeles, California, and employs 200+ professionals worldwide[2].
MeUndies' core mission is to provide the most comfortable underwear experience while promoting sustainability and ethical production practices[1]. The company serves consumers seeking high-quality basics through a subscription model that offers discounted pricing, free shipping and returns, and early access to new products[5].
MeUndies distinguishes itself through several key product and brand advantages:
MeUndies exemplifies the successful D2C retail model that has disrupted traditional apparel distribution. By selling directly to consumers through subscription, the company eliminates retail intermediaries, maintains higher margins, and builds direct customer relationships. The brand's emphasis on sustainability and comfort aligns with broader consumer trends toward ethical consumption and wellness-focused basics. Their double-digit year-over-year growth in new customer acquisition demonstrates the viability of this model in the competitive basics market[3].
MeUndies has evolved from a scrappy startup operating out of a former mechanic's garage into a mature e-commerce operation with sophisticated segmentation strategies and a thriving office culture[4]. The company's continued focus on product innovation, sustainability, and targeted customer acquisition positions it well within the growing D2C apparel sector. As consumer preferences increasingly favor direct-to-consumer brands and sustainable basics, MeUndies' combination of comfort, style, and ethical production will likely remain central to its competitive advantage.
MeUndies has raised $49.4M in total across 3 funding rounds.
MeUndies's investors include Acrew Capital, Crosslink Capital, Grace Beauty Capital, Greylock, Kapor Capital, M13, Marcy Venture Partners, Moonshots Capital, Glenn Solomon, Spring Capital, Doug Barry, Jared Leto.