Gunderson Dettmer represented clients D1 Capital and Imaginary Ventures in the $270 million Series C financing of SKIMS, Kim Kardashian’s manufacturer and retailer brand. The company offers a wide range of products including bodysuits, shapewear, and undergarments that feature styles and color shades for different body types. The new capital will be used to expand its retail network, with its first permanent store set to debut in Los Angeles.

In the announcement of the transaction, SKIMS chief executive officer Jens Grede said, “Kim and I can envision a future where years from today there’s a SKIMS store anywhere in the world you’d find an Apple store or a Nike store.”

D1 Capital’s deal team was led by Greg Volkmar and Jeff Stricker and included Federico Varni.

Imaginary Ventures’ deal team was led by Melissa Marks and Jack Paterson.

Companies
SKIMS
D1 Capital
Imaginary Ventures