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Skip Hop was founded in 2003 by Ellen and Michael Diamant, two new parents residing in New York City. Ellen, a former design executive in the fashion and publishing industries, and Michael, an internet entrepreneur, sought to create a line of products suitable for urban parents. In the same year, they created the world's first diaper bag that converted into a stroller bag. The Diamants continued to expand their collection to include a wide range of baby bedding and luxury crib bedding. Since its birth, Skip Hop has continued to create crib bedding and accessories that accommodate an urban lifestyle and mindset. The socially conscious company also donates a portion of its profits to the Pediatric AIDS Foundation and the Ovarian Cancer Research Fund .