Online Scrubs Retailer FIGS Goes Public

Online Scrubs Retailer FIGS Goes Public

Opening shares started at $22 after a profitable 2020.

Medical apparel company FIGS launched its IPO this week, following strong growth during the pandemic.

The company sells fashionable scrubs for healthcare workers. The company went public yesterday, May 27, with shares priced at $22 (it is trading as FIGS). They closed the day at $30.02 a share. The company saw big growth last year during the pandemic, with a nearly $50M profit at the end of 2020. FIGS launched in 2012, co-founded by Heather Hasson and Trina Spear.

Read CSQ’s 2019 feature on Spear, Hasson and the story behind FIGS here.


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