FIGS (apparel)

FIGS is an American online medical apparel retailer based in Los Angeles, California. The company primarily sells scrubs that come in a variety of colors and styles. It was founded in 2013 by Heather Hasson and Trina Spear who both serve as co-CEOs.

FIGS
Private
IndustryMedical apparel
Founded2013
FoundersHeather Hasson
Trina Spear
Headquarters
Los Angeles, California
,
ProductsScrubs
Websitewww.wearfigs.com

History

FIGS was founded by Heather Hasson and Trina Spear in Los Angeles, California in 2013.[1][2] Hasson had the business idea after helping a friend "find more flattering work clothes."[3] Spear worked on Wall Street at the time and helped Hasson develop the business idea.[3] The two began by selling scrubs out of the parking lot of hospitals, getting feedback from staff.[4]

The company maintains an office in the Los Angeles area.[5] In December 2015, FIGS was selected to join the Endeavor network, a startup accelerator and mentorship program.[6] As of 2018 the company has raised a total of $75 million in funding. [7][8] FIGS was recognized as one of the fastest growing companies in the United States by Inc. in 2018,[9] with the company having a three-year growth of 9,948%.[3][4]

Operation

FIGS sells scrubs and other associated medical apparel and accessories for medical professionals, including physician assistants, doctors, nurses and nurse practitioners. The apparel comes in a variety of different colors and styles, including V-neck tops, button-down tops, and jogger pants.[10] The scrubs are made with material that is antimicrobial for odor resistance with four-way stretch and pockets.[11] FIGS also operates the Threads for Threads program which donates sets of scrubs to countries with limited access to medical apparel and accessories.[2][12]

References

  1. Chang, Andrea (July 3, 2013). "Start-up spotlight: E-commerce company Figs targets medical apparel". Los Angeles Times. Retrieved June 14, 2018.
  2. Dahlberg, Nancy (May 5, 2016). "FIGS receives $5 million in Series A funding led by Campfire Capital". Miami Herald. Retrieved June 14, 2018.
  3. Field, Hayden (28 May 2019). "This Woman Entrepreneur Liquidated Her 401(k) to Co-Found Her Company. Now, It's Bringing in $100 Million". Entrepreneur.
  4. Gallagher, Jacob (15 October 2018). "This Company is Fast Becoming the Warby Parker of Scrubs". The Wall Street Journal.
  5. Dahlberg, Nancy (November 1, 2015). "Four healthcare startups in the spotlight". Miami Herald. Retrieved June 14, 2018.
  6. Dahlberg, Nancy (December 4, 2015). "FIGS, SkyPatrol chosen for Endeavor network". Miami Herald. Retrieved June 14, 2018.
  7. Ackerman, Ruthie (January 23, 2018). "FIGS Cleans Up With The 4th Largest Raise For A Female-Founded Company In 2017". Forbes. Retrieved June 14, 2018.
  8. "FIGS Raises $65M in Funding". FINSMES. January 23, 2018. Retrieved June 14, 2018.
  9. Morse, Brit. "From Snack Delivery to Sustainable Energy, Here Are the Fastest-Growing Companies in L.A." Inc.
  10. Lieber, Chavie (June 27, 2016). "Meet the Company Making Scrubs Look Good". Racked. Retrieved June 14, 2018.
  11. Rittenhouse, Lindsay (May 22, 2017). "Meet the Startup Backed by Will Smith That Is Trying to Make Ugly Doctors Scrubs Cool". TheStreet. Retrieved June 14, 2018.
  12. Borchardt, Debra (April 24, 2017). "If You Wear Scrubs, You'll Want To See These By FIGS". Forbes. Retrieved June 14, 2018.
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