What is Skims?
Skims is recognized for its innovative approach to fashion and lifestyle products, specializing in inclusive undergarments, shapewear, loungewear, and apparel. The brand distinguishes itself by blending advanced fabrics with thoughtful design, creating versatile wardrobe essentials that cater to a wide spectrum of body types. Skims has cultivated a strong cultural presence through strategic collaborations, community engagement initiatives, and a steadfast commitment to promoting body confidence within the fashion industry. Its focus on comfort, fit, and inclusivity has positioned it as a key player in the contemporary apparel market.
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 Thrive Capital and Imaginary
Unspecified (2022): $240M led by Thrive Capital, Alliance Consumer Growth, Lone Pine Capital, Imaginary Ventures, and D1 Capital Partners
Other Financing Round (2023): $270M supported by Wellington Management, D1 Capital Holdings, GREENOAK CAPITAL MANAGEMENT( NORTH AMERICA, and Imaginary Ventures
Unspecified (2025): $225M featuring Goldman Sachs Asset Management
Key Investors in Skims
Wellington Management
Wellington Management is a global, independent investment management firm providing portfolio management and research solutions across various asset classes.
D1 Capital Holdings
D1 Capital Ventures is a dynamic company focused on growth and providing solutions for clients, with an emphasis on enhancing user experiences in sectors like biking.
Imaginary Ventures
Imaginary Ventures is a venture capital firm based in New York City that specializes in transformative consumer businesses, supporting companies poised to define future generations.
What's next for Skims?
The significant enterprise-level funding and recent strategic investment indicate that Skims is poised for accelerated expansion and further product innovation. This capital infusion will likely support the company's efforts to broaden its market penetration, enhance its e-commerce capabilities, and potentially explore new product categories or international markets. The brand's established reputation for quality and inclusivity, combined with strong investor backing, suggests a strategic focus on solidifying its position as a leader in the global fashion and lifestyle landscape.
See full Skims company page