When was Spanx founded?

Spanx was founded in 2000 and raised its 1st funding round 21 years after it was founded.

Where is Spanx located?

Spanx is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia.

How many employees does Spanx have?

As of Sep 30, 2026, the latest employee count at Spanx is 392.

Is Spanx a funded company?

Spanx is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on Nov 18, 2021.

How much is Spanx worth?

The last known valuation of Spanx was $***** as of Jul 11, 2025.

When was the latest funding round of Spanx?

Spanx's latest funding was a $***** Angel round on Nov 18, 2021, with participation from 5 investors. Its primary sector is Retail Chains. In United States, the Retail Chains sector has seen $20M in funding in 2026 to date.

Where does Spanx rank among its competitors?

Spanx ranks 4th amongst 159 active competitors, of which 21 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Skims, which secured $262M in Nov, 2025.

Who are the top competitors of Spanx?

Spanx's top competitors include Adore Me, Skims and ThirdLove. Among them, Skims secured the most recent funding round in November, 2025.

Spanx - 2026 Company Profile, Team, Funding & Competitors

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
Social
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

Angel, Nov 18, 2021, $*****

Last Known Valuation

$***** as on Jul 11, 2025

Investors

Oprah Winfrey & 5 more

Ranked

4^th among 159 active competitors

Employee Count

392 as on Sep 30, 2026

Similar Companies

Skims & 313 more

Exit Details

Acquired by Blackstone (Oct 20, 2021)

View Spanx's full profile

Spanx is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
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 got acquired by Blackstone on Oct 20, 2021.

Click here to take a look at Spanx's acquisition in detail

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 3 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	2606165	Angel	4898374	8068335	6462772	7999132

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View details of Spanx's funding rounds and investors

The 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 392 employees as of Sep 26. Here is Spanx's employee count trend over the years:

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Top competitors of Spanx include Adore Me, Skims and ThirdLove. Here is the list of Top 10 competitors of Spanx, ranked by Tracxn score:

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	Upfront Ventures, Redhills Ventures & 13 others	77/100
2nd	Skims 2019, Culver City (United States), Series C	Online retailer of underwear, clothing, shapewear, loungewear, and related accessories	$926M	Goldman Sachs, Lone Pine Capital & 8 others	68/100
3rd	ThirdLove 2012, San Francisco (United States), Series D	Internet-first brand of innerwear for women	$98.6M	New Enterprise Associates, L Catterton & 34 others	66/100
4th	Spanx 2000, Atlanta (United States), Acquired	Internet first brand offering apparel wear for women	-	Able Partners, G9 Ventures & 4 others	53/100
5th	Savage X Fenty 2017, El Segundo (United States), Series C	Online brand of innerwear for men and women	$310M	Neuberger Berman, L Catterton & 18 others	53/100
6th	MeUndies 2010, Los Angeles (United States), Series C	Internet-first brand of inner wear for both men and women	$47.2M	Provenance, Walden Venture Capital & 13 others	50/100
7th	Pinq Polka 2017, Faridabad (India), Unfunded	Retailer of intimate apparel including shapewear and various bra alternatives	-	-	50/100
8th	Honeylove 2002, San Francisco (United States), Series A	Internet first brand offering inner-wear for women	$13.2M	Lightspeed Venture Partners, Y Combinator ... & 6 others	49/100
9th	Bleuet 2018, Los Angeles (United States), Unfunded	Internet first brand of age-appropriate inner-wear	-	-	49/100
10th	Hanky Panky 1977, New York City (United States), Acquired	Internet first brand offering innerwear & nightwear brand for women	-	-	47/100