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 Mar 31, 2026, the latest employee count at Spanx is 437.

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 Oct 26, 2021.

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.

Where does Spanx rank among its competitors?

Spanx ranks 5th amongst 136 active competitors, of which 21 are funded. It stands 9th 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, ThirdLove and Skims. 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 Oct 26, 2021

Investors

Oprah Winfrey & 4 more

Ranked

5^th among 136 active competitors

Employee Count

437 as on Mar 31, 2026

Similar Companies

Clovia & 235 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	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 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 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	6678817	Angel	3065822	6903144	5794253	4830232

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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 437 employees as of Mar 26. Here is Spanx's employee count trend over the years:

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Top competitors of Spanx include Adore Me, ThirdLove and Skims. 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	Redhills Ventures, Upfront Ventures & 13 others	70/100
2nd	ThirdLove 2012, San Francisco (United States), Series D	Internet-first brand of innerwear for women	$98.6M	New Enterprise Associates, L Catterton & 34 others	70/100
3rd	Skims 2019, Culver City (United States), Series C	Online retailer of underwear, clothing, shapewear, loungewear, and related accessories	$926M	Wellington, Goldman Sachs & 8 others	66/100
4th	Savage X Fenty 2017, El Segundo (United States), Series C	Internet first brand of innerwear for men and women	$310M	Neuberger Berman, Avenir Growth Capital & 17 others	61/100
5th	Spanx 2000, Atlanta (United States), Acquired	Internet first brand offering apparel wear for women	-	Able Partners, G9 Ventures & 3 others	56/100
6th	Honeylove 2002, San Francisco (United States), Series A	Internet first brand offering inner-wear for women	$13.2M	Y Combinator, Lightspeed Venture Partners ... & 6 others	58/100
7th	MeUndies 2010, Los Angeles (United States), Series C	Internet-first brand of inner wear for both men and women	$47.2M	Provenance, Sarissa Capital & 12 others	56/100
8th	Lively 2015, New York City (United States), Acquired	Internet-first lingerie brand	$15M	Notable Capital, New Forest Ventures & 4 others	50/100
9th	Hanky Panky 1977, New York City (United States), Acquired	Internet first brand offering innerwear & nightwear brand for women	-	-	49/100
10th	True&Co. 2012, San Francisco (United States), Acquired	Women's bras, underwear, and more designed for comfort and support	$6M	FCVC, Cota Capital & 15 others	48/100