Who Owns FIGS Company?

Who Owns FIGS?

FIGS is a public company, so no parent owns it. Founders, insiders, and institutions hold the shares, and that mix shapes control, pay, and strategy.

Started in 2013 in Santa Monica, FIGS built its brand on direct sales and healthcare trust. For a quick view of its market position, see FIGS PESTEL Analysis.

FIGS founder ownership started with Trina Spear and Heather Hasson, who built the business before it went public. Today, who owns FIGS depends on both shares and votes, because the company uses dual-class stock and still carries founder influence.

Founders built the first equity base

FIGS was founded by Trina Spear and Heather Hasson. Their early ownership helped shape the company before public investors entered.

Public ownership came after the IPO

FIGS is publicly traded, so FIGS shareholders now include public investors. That means there is no private parent or private equity sponsor controlling it.

Voting power is not the same as economics

FIGS ownership is split by share class, not just by dollar value. Class A shares carry 1 vote and Class B shares carry 10 votes.

Founder control still matters

Trina Spear is the co-founder and CEO, so FIGS founder ownership still matters for control. Heather Hasson remains central to the origin story.

Institutional holders shape the float

FIGS institutional investors, including mutual funds and index funds, usually hold meaningful economic stakes. They matter most for liquidity and valuation, not day-to-day control.

Ownership moves with SEC filings

Exact FIGS ownership percentage changes over time as shares trade and filings update. The clearest signal is that FIGS company owners are now public shareholders, with founder-linked voting power still important.

For readers asking who owns FIGS company today, the direct answer is that FIGS is publicly traded and widely held. The stock ownership breakdown is spread across public shareholders and institutions, while the founders still matter through voting rights and leadership. For more on the product side of the business, see Target Market of FIGS.

Control comes from the dual-class structure

FIGS founder ownership structure gives voting power more weight than raw economics. That is why who controls FIGS company is a better question than just who owns it.

• Class A shares carry 1 vote
• Class B shares carry 10 votes
• Public shareholders own the float
• Founders keep outsized influence

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FIGS started as a founder-led company in 2013, and its 2021 IPO at 22 dollars a share shifted it from private control to public-market ownership. That move changed who owns FIGS, widened the base of FIGS shareholders, and kept founder influence in place through a dual-class structure.

For anyone asking who owns FIGS company today, the answer is split between founders, insiders, and public investors. In a public company, that means FIGS stock ownership is not just about shares; it is also about voting control, trust, and how the market reads the brand.

Ownership, trust, and brand meaning

FIGS founder ownership still matters because the brand was built around a clear product gap in healthcare apparel. That origin story helps explain why customers often connect the brand with mission, fit, and discipline. The public listing added liquidity and reporting, but founder control still shapes how people read the company.

• Founders gave FIGS its core mission
• IPO widened FIGS investor ownership details
• Public filings increased accountability
• Dual-class shares preserved founder influence

FIGS founder ownership structure matters because consumer brands often trade on authenticity as much as product. The 2021 listing made FIGS publicly traded and who owns it became a mix of founders, institutions, and retail holders, which is why questions like who are the major shareholders of FIGS and who controls FIGS company stay tied to governance as much as to finance.

For a close look at how the business makes money, see Revenue Streams & Business Model of FIGS.

In simple terms, FIGS ownership shapes both value and trust. If founders keep strong voting power, the market watches capital use, margins, and brand discipline more closely than it would in a standard one-share, one-vote setup.

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FIGS ownership is shaped by a dual-class structure, so voting power is not the same as economic ownership. Trina Spear, as CEO and co-founder, has the clearest day-to-day influence, while the board and its committees act as the main check on strategy and capital use.

For anyone asking who owns FIGS company today, the answer is split between economic owners and voting control. FIGS stock ownership is widely held by public investors and institutions, but FIGS founder ownership structure gives supervoting power to Class B holders, so who controls FIGS company depends more on votes than on raw share count. For a broader business view, see Growth Strategy of FIGS.

Who Holds Real Influence Over FIGS

Trina Spear has the strongest operating influence because she is CEO and co-founder. The board matters next, because it sets oversight through audit, compensation, and governance duties.

• Class B shares carry 10 votes.
• Board oversight checks strategy and pay.
• Institutions own stock, not control.
• Founder voting can outrank economic stake.

That makes FIGS less like a one-share-one-vote retailer and more like a founder-influenced public brand. FIGS shareholders can matter a lot on paper, but FIGS insider ownership and voting rights decide who has the final say in board elections and other shareholder actions. There has not been a defining proxy fight or takeover battle, so FIGS investor ownership details have mostly mattered through the IPO structure and board authority, not activist pressure.

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As of the latest 2025 filings, who owns FIGS is still a public-market story, not a private-equity one. FIGS stock ownership is split between public investors, institutions, and insider holders, while founder influence still matters through the company’s control structure.

For readers asking who owns FIGS company today, the key point is that FIGS is publicly traded and does not have a private owner. That mix of public oversight and founder ownership tends to support brand credibility, but it also means investors watch execution closely, especially after the 2021 IPO and during periods of slower growth.

Public Ownership Support

Public listing improves disclosure and accountability. That helps FIGS shareholders track results, pay, and strategy.

Founder Continuity

FIGS founder ownership still matters because it keeps the brand tied to its original mission. Read the Brief History of FIGS for context on how the business started.

Governance Pressure

Dual-class control can protect long-term vision. It can also create concern if performance weakens or insider selling rises.

Ownership Mix

FIGS institutional investors, insiders, and retail holders all matter. That mix usually looks more credible than opaque private ownership.

What ownership means for brand credibility is fairly clear here. FIGS company owners do not sit behind a private parent, so the business has to earn trust through filings, results, and governance discipline. That matters most when investors ask who controls FIGS company, how much of FIGS do the founders own, and what percentage of FIGS is publicly owned.

Credibility Driver

Public ownership supports trust when results are steady. It also makes weak execution easier to see.

Main Ownership Risk

The main risk is governance asymmetry. If insiders act for optics over long-term value, credibility can fade fast.

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