MeUndies Revenue and Competitors

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Location

$50.4M

Total Funding

Apparel

Industry

Estimated Revenue & Valuation

  • MeUndies's estimated annual revenue is currently $30.8M per year.(i)
  • MeUndies's estimated revenue per employee is $228,000
  • MeUndies's total funding is $50.4M.

Employee Data

  • MeUndies has 135 Employees.(i)
  • MeUndies grew their employee count by -5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$49.2M1968%N/AN/A
#2
$86.4M30321%N/AN/A
#3
$29.8M18772%N/AN/A
#4
$15.4M7523%N/AN/A
#5
$8.1M4718%$24.3MN/A
#6
$28.7M1268%$37MN/A

MeUndies disrupted the $110B underwear industry when it launched the first online underwear subscription model in 2011. Founder Jonathan Shokrian identified a market gap during his own shopping experience. Nothing about underwear shopping was enjoyable - other brands were hyper-sexualized, overcomplicated, uncomfortable and inconvenient. He recognized that no one in the industry was offering their customers the experience that modern consumers expect. Jonathan started MeUndies to provide a fun and simple offering with a relentless emphasis on quality and service. Unlike many startup peers, MeUndies has seen tremendous success achieving profitability with double-digit YoY growth since. To date it has sold over 7M pairs of underwear in all 50 states and in 37 countries around the world. MeUndies offers both men's and women's underwear as well as socks, bralettes and loungewear. It opened its first brick and mortar retail location at Westfield Century City, beginning a new chapter in the company's expansion plans.

keywords:Subscription,E-Commerce,Fashion,Finance,Human Resources Hr,Retail

$50.4M

Total Funding

135

Number of Employees

$30.8M

Revenue (est)

-5%

Employee Growth %

N/A

Valuation

500 Startups

Accelerator

MeUndies News

2022-04-06 - MeUndies founder renting out Beverly Hills mansion for $200K per month

Jonathan Shokrian, the founder of underwear retailer MeUndies, is renting out a Beverly Hills mansion that his family has owned for decades,...

2022-03-22 - Check Out the MeUndies Breathe Collection, Save on First Order

MeUndies emphasizes comfort in its design philosophy. The Breathe Collection is a further extension of this by putting its softest fabrics in...

2022-03-22 - MeUndies reverses course on NFTs after customer backlash

MeUndies was an early adopter of Reddit in 2015 and the site has become an important part of how the brand interacts with its subscribers. It has more than...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$23.8M143-14%N/A
#2
$22.6M1453%$109.9M
#3
$15M146-18%N/A
#4
$41.3M15015%N/A
#5
$15M1543%N/A