MeUndies

MeUndies

Direct-to-consumer underwear and loungewear

About MeUndies

Simplify's Rating
Why MeUndies is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Goods

Company Size

51-200

Company Stage

Private

Total Funding

$8.9M

Headquarters

Culver City, California

Founded

2011

Overview

MeUndies specializes in comfortable and stylish underwear, loungewear, and apparel for both men and women, primarily sold through its online platform. The products include various types of underwear and loungewear made from super soft fabric sourced from beechwood trees, which emphasizes both comfort and eco-friendliness. Unlike many competitors, MeUndies operates on a subscription model that allows customers to receive new underwear each month at a discounted rate, alongside one-time purchases. This approach not only provides a steady revenue stream but also enhances customer loyalty through free shipping and a satisfaction guarantee. The company targets individuals who value comfort, style, and sustainability, and it promotes self-expression through bold prints and seasonal designs. Additionally, MeUndies engages in charitable partnerships, aiming to empower self-expression and drive positive change, which attracts customers who appreciate corporate ethics.

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Simplify's Take

What believers are saying

  • Collaborations with franchises like Barbie increase brand visibility and attract new customers.
  • Chlorine-resistant swimwear launch meets demand for sustainable, durable swimwear options.
  • Ariel Stoddard's appointment as CRO could drive strategic revenue growth initiatives.

What critics are saying

  • Increased competition from brands like Madhappy may impact MeUndies' market share.
  • New executive appointments may lead to strategic shifts disrupting current operations.
  • Themed collections may not align with all customer preferences, risking core customer alienation.

What makes MeUndies unique

  • MeUndies offers a unique membership model focused on community and brand relationship.
  • The company uses sustainably sourced beechwood fabric for eco-friendly, comfortable products.
  • Frequent drops of colorful, trendy prints emphasize self-expression and individuality.

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Funding

Total Funding

$8.9M

Below

Industry Average

Funded Over

5 Rounds

Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Secondary Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-6%

2 year growth

0%
Retail Dive
Sep 27th, 2024
MeUndies names senior vice president of sales

DTC underwear brand MeUndies has named Elizabeth Dunn to the newly created position of senior vice president of sales.

Shondaland
Mar 27th, 2024
The 'Bridgerton' Artist Series: Mira Mariah Is in It for the Spirit

As her reach grew, Mariah partnered with such brands as MeUndies, Squarespace, and Sebastian, all of which have gravitated to the inclusivity of Mariah's work, the intent of which is to go beyond labels.

PR Newswire
Dec 13th, 2023
Ariel Stoddard joins MeUndies as Chief Revenue Officer

LOS ANGELES, Dec. 13, 2023 /PRNewswire/ - MeUndies, the digitally native purveyor of ultra-soft underwear, bras, and loungewear, announced today that Ariel Stoddard will be joining the company as its Chief Revenue Officer.

Retail Dive
Nov 27th, 2023
Madhappy opens first store

The 2,800-square-foot location is in West Hollywood, California, and features an assortment of its apparel as well as an on-site cafe.

The Australian Financial Review
Nov 9th, 2023
Shaun Bonett's gift card start up Prezzee sheds 10pc of workforce

Mr Yum, a food ordering app, cut staff over two layout rounds then merged with a rival, Me & u.

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