Diligence memo · auto-generated · as of July 3, 2026

Skims Body, Inc.

Skims Body, Inc. looks over-valued against its niche peers and is active on financing cadence.

WatchModeled above niche peers — entry today likely prices in growth not yet evidenced in the filings.

Businessfiled

Skims Body, Inc. operates in Other, based in Los Angeles. SKIMS is a solutions oriented brand creating the next generation of underwear, loungewear and shapewear.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

Capital & rounds (filed)filed

Skims Body, Inc. has raised $624M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $330M on 2023-07-07.

Most recent recorded round closed around 2025-11-07.

Valuation (modeled)modeled

Provath models Skims Body, Inc. at approximately $2.0B (range $1.5B–$2.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.15× the median modeled value of Series D+ Other companies in 2025–2027 (50 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 18 months.

Last raise 8 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 1.3× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of Other peers (25015 compared).

Modeled value ranks above 98% of those peers.

Closest niche peers: AP Adhesives Acquisitions, Inc., INNOVATE Corp., Curaleaf Holdings, Inc., Phantom Parent, LP, Impulse Space, Inc..

Peoplefiled

16 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.