FIGS, founded in 2013, is transforming the medical apparel industry by offering high-quality scrubs through its innovative use of proprietary fabrics that are both functional and comfortable. Known for being "Why wear scrubs when you can wear FIGS?", the company has carved a niche within the intersecting industries of Consumer Goods, Fashion, Health Care, Retail, and Apparel.
Their e-commerce model is vertically integrated, allowing them to effectively control the customer experience and tailor products to customer needs. Notably, their fabrics are designed to be wrinkle-resistant, moisture-wicking, and feature a four-way stretch, thereby enhancing the wearer’s comfort and functionality.
FIGS also emphasizes social responsibility through the Threads for Threads initiative, which has donated scrubs globally. Last receiving a Post-IPO Equity investment on June 11, 2021 from Story3 Capital Partners, the company continues its growth from its headquarters in the United States. This innovative approach and strong market positioning make FIGS a compelling interest for investors.