What is Skims?
Skims operates as a premier fashion and lifestyle entity, distinguished by its inclusive approach to designing undergarments, shapewear, and loungewear. By prioritizing comfort, fit, and body confidence, the company has successfully cultivated a massive, loyal consumer base. Its market position is bolstered by a unique blend of innovative fabric technology and a cultural presence that transcends traditional retail. Through strategic collaborations and a direct-to-consumer focus, Skims has redefined the essentials category, effectively bridging the gap between functional apparel and high-fashion aesthetics.
How much funding has Skims raised?
Skims has raised a total of $889M across 4 funding rounds:
Unspecified
$154M
Unspecified
$240M
Other Financing Round
$270M
Unspecified
$225M
Unspecified (2021): $154M with participation from Imaginary and Thrive Capital
Unspecified (2022): $240M led by Lone Pine Capital, Thrive Capital, D1 Capital Partners, Alliance Consumer Growth, and Imaginary Ventures
Other Financing Round (2023): $270M supported by Imaginary Ventures, GREENOAK CAPITAL MANAGEMENT( NORTH AMERICA, D1 Capital Holdings, and Wellington Management
Unspecified (2025): $225M featuring Goldman Sachs Asset Management
Key Investors in Skims
Thrive Capital
Thrive Capital is an investment venture capital company that operates out of New York. Thrive Capital primarily deals in internet and software investments.
Imaginary Ventures
Imaginary Ventures is a prominent venture capital firm located in New York City, specializing in investments in transformative consumer businesses.
Goldman Sachs Asset Management
Goldman Sachs Asset Management is a global investment management firm that provides comprehensive advisory services and alternative investment solutions for institutions and individuals worldwide.
What's next for Skims?
Looking ahead, the recent infusion of capital is expected to fuel Skims' next phase of operational scaling and international market penetration. As the company transitions from a high-growth startup to a mature enterprise-level player, management is likely to focus on supply chain optimization, the expansion of its physical retail footprint, and the introduction of new product verticals. By maintaining its commitment to inclusive design and leveraging its robust data-driven insights, Skims is well-positioned to sustain its competitive advantage in the evolving global fashion landscape.
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