What is Coolibar?
Founded in 2001, Coolibar has established itself as a dominant force in the design, manufacturing, and marketing of sun-protective clothing and accessories. The company distinguishes itself through a rigorous commitment to UPF 50+ standards, offering a comprehensive catalog that spans fitness, leisure, and swimwear categories. By integrating advanced fabric technology with functional design, Coolibar addresses the growing consumer demand for preventative health measures against ultraviolet radiation. Its headquarters in Minneapolis serves as the hub for its strategic operations, where it continues to innovate in the intersection of fashion and dermatological safety.
The firm's market position is reinforced by its ability to bridge the gap between specialized medical-grade protection and everyday consumer apparel. As awareness regarding skin health continues to rise globally, Coolibar remains uniquely positioned to capture market share through its established brand equity and technical expertise in UV-blocking materials.
How much funding has Coolibar raised?
Coolibar has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Coolibar
PPP
Public-Private Partnership
What's next for Coolibar?
With the recent injection of capital, Coolibar is poised to accelerate its growth trajectory through enhanced distribution channels and product line expansion. The strategic focus will likely shift toward scaling its manufacturing capabilities to meet the increasing demand for high-performance sun-protective gear. Furthermore, the company is expected to invest in research and development to refine its proprietary textile technologies, ensuring that its UPF 50+ offerings remain the industry benchmark. As the firm navigates this phase of enterprise-level scaling, the focus will remain on maintaining its reputation for quality while exploring new demographic segments that prioritize long-term skin health and outdoor safety.
See full Coolibar company page