The company maintains an office in the Los Angeles area.[5] In December 2015, FIGS was selected to join the Endeavor network, a startup accelerator and mentorship program.[6] As of 2018 the company has raised a total of $75 million in funding.[7][8] FIGS was recognized as one of the fastest growing companies in the United States by Inc. in 2018,[9] with the company having a three-year growth of 9,948%.[6][7] A“pre-IPO secondary” campaign was launched in 2020 for a possible 2021 IPO or direct listing.[10]