FIGS
Founded by Trina Spear and Heather Hasson in 2013 in Los Angeles, FIGS creates quality medical workwear that modernizes the typical scrubs found in the healthcare settings. The inspiration for the venture came during a casual coffee meeting when one of the founders learned that her friend, a nurse practitioner, despised the existing offerings in the market. The company integrates technology in the form of innovative fabrics, comfort, and aesthetically pleasing design into the product offering and is attacking a lucrative market where there has not been significant innovation in decades.
FIGS has raised a total of $7M in funding across two rounds including a $5M Series A in May of 2016 prior to joining the program. Investors in the company include 500 Startups, Align Ventures, Campfire Capital, Canyon Creek Capital, Crocs, Fueled, Jim Pallotta, Karlin Ventures, Michael Tedesco, and Mohr Davidow Ventures.