Spanx - About the company
Spanx is an acquired company based in Atlanta (United States), founded in 2000 by Sara Blakely. It operates as an Internet first brand offering apparel wear for women. Spanx has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 148 active competitors, including 22 funded and 17 that have exited. Its top competitors include companies like Adore Me, Skims and ThirdLove.
Company Details
Spanx is a manufacturer and brand of undergarments for both men and women. Its catalog includes bras, shapewear, hosiery, leggings, etc. Products are sold online and offline in more than 50 countries. The company has its own stores across the USA.
- Website
- spanx.com
- Email ID
- *****@spanx.com
- Phone Number
- +1 **********
- Registered Address
- Atlanta, Georgia
Key Metrics
Founded Year
2000
Location
Atlanta, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Oct 26, 2021
Investors
Ranked
5th among 148 active competitors
Employee Count
427 as on May 31, 2026
Exit Details
Acquired by Blackstone (Oct 20, 2021)
Legal entities associated with Spanx
Spanx is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Spanx, Llc CIN: 20221380358 , United States, Active | Apr 15, 2022 | - | - | - |
SPANX, INC CIN: 582530290 , United States, Active | Dec 26, 999 | - | 172 (As on Dec 31, 2024) | - |
Spanx's acquisition details
Spanx got acquired by Blackstone on Oct 20, 2021.
Click here to take a look at Spanx's acquisition in detail
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Spanx's funding and investors
Spanx has raised funding over 1 round. Its latest funding round was a Angel round on Nov 18, 2021 for $*****. 5 investors participated in its latest round. Spanx has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Spanx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 18, 2021 | 8598637 | Angel | 4312231 | 1485162 | 5219376 | 5614934 |
View details of Spanx's funding rounds and investors
Spanx's founders and board of directors
Founder? Claim ProfileThe founders of Spanx is Sara Blakely.
Here are the details of Spanx's key team members:
- Sara Blakely: Founder of Spanx and founder of 1 other company. They are also an angel investor in 4 startups.Contact Info: 1 email address
View details of Spanx's Founder profiles and Board Members
Spanx's employee count trend
Spanx has 427 employees as of May 26. Here is Spanx's employee count trend over the years:
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Spanx's Competitors and alternates
Top competitors of Spanx include Adore Me, Skims and ThirdLove. Here is the list of Top 10 competitors of Spanx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Adore Me 2011, New York City (United States), Acquired | Internet-first brand of innerwear for women | $11.5M | 76/100 | |
2nd | Skims 2019, Culver City (United States), Series C | Online retailer of underwear, clothing, shapewear, loungewear, and related accessories | $926M | 66/100 | |
3rd | ThirdLove 2012, San Francisco (United States), Series D | Internet-first brand of innerwear for women | $98.6M | 59/100 | |
4th | Honeylove 2002, San Francisco (United States), Series A | Internet first brand offering inner-wear for women | $13.2M | 58/100 | |
5th | Spanx 2000, Atlanta (United States), Acquired | Internet first brand offering apparel wear for women | - | 56/100 | |
6th | MeUndies 2010, Los Angeles (United States), Series C | Internet-first brand of inner wear for both men and women | $47.2M | 53/100 | |
7th | Pinq Polka 2017, Faridabad (India), Seed | Retailer of intimate apparel including shapewear and various bra alternatives | $431K | 52/100 | |
8th | Savage X Fenty 2017, El Segundo (United States), Series C | Online brand of innerwear for men and women | $310M | 50/100 | |
9th | Lively 2015, New York City (United States), Acquired | Internet-first lingerie brand | $15M | 48/100 | |
10th | Bleuet 2018, Los Angeles (United States), Unfunded | Internet first brand of age-appropriate inner-wear | - | - | 48/100 |
Looking for more details on Spanx's competitors? Click here to see the top ones
Spanx's Investments and acquisitions
Spanx has made no investments or acquisitions yet.
Reports related to Spanx
Here is the latest report on Spanx's sector:
News related to Spanx
Media has covered Spanx for a total of 9 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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Sara Blakely, the creator of Spanx, sells the company to Blackstone for $1.2 billionExpansion•Apr 11, 2026•Blackstone, Spanx
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Envive AI Secures $15M Series A to Enhance AI Agents for Commerceintelligence360•Oct 03, 2025•Envive AI, Wine Enthusiast, Coterie, Supergoop and 4 others
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Spanx and Delta team up on limited-edition capsule collectionFashion Network•Oct 01, 2025•Delta, Spanx
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Envive raises $15M to build AI agents for online retailersGeekWire•Sep 16, 2025•Envive AI, Fusestudio, Coterie, Spanx and 3 others
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Spanx Launches SPANXsupersculpt™ Transform and SPANXsupersmooth™ SheerSense for Shapewear DayPR Newswire•Aug 08, 2025•Spanx
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