Company overview

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 23M 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.
Founded in 2011
Culver City, California, USA
93 employees (22 in marketing)
50% recommend to a friend
51% positive business outlook

Salaries

Typical salary range

$190,000 – $225,000

/ yr

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People

Hiring activity

Open marketing jobs over time

7 open now

Headcount trend

Company growth over the last 12 months

Headcount -19.1% year over year

Funding

Total funding

$50.4M

Last raise

$40M

Series C, 5 years ago

Funding history

Nov 2020

Series C MeUndies · $40M

Sep 2015

Series B MeUndies · $9M

Nov 2013

Angel Round MeUndies · $1M

Feb 2013

Seed Round MeUndies

Dec 2011

Seed Round MeUndies · $400K

Jan 2011

Seed Round MeUndies

Audience

Monthly website visitors
1.9M
Month over month+32.2%
Quarter over quarter+41.4%
Top sourceDirect (58.6%)
Ad budget per month$72.6K
Average search rank50.6
Traffic source mix
Direct
58.6%
Search
28.4%
Social
8.7%
Referral
3.3%
Paid referral
0.9%

LinkedIn followers

Follower count and growth

Total followers

13.4K

12-mo growth

+6.5%

Monthly growth

+0.8%

News

Links