Everlane Raises $100M in Series F

Everlane has successfully raised $100M in a Series F at a $400M valuation led by Forerunner Ventures, Greenspring Associates.

Company Overview

Everlane is a Fashion company headquartered in 100 Hooper Street, San Francisco, CA 94107, founded in 2010 with 400+ employees.

Ethical clothing brand

Fundraising Details

Amount Raised: $100M
Round Type: Series F
Valuation: $400M
Date: 2024-07-29
Investors: Forerunner Ventures, Greenspring Associates

About Everlane

Ethical clothing brand The company is positioned in the Fashion sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 100 Hooper Street, San Francisco, CA 94107
Founded: 2010
Team Size: 400+
Industry: Fashion

What This Means

This funding round demonstrates strong investor confidence in Everlane's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Fashion sector continues to attract significant investment as companies innovate to meet evolving market demands. Everlane's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $400M valuation marks an important milestone for Everlane, positioning the company among notable players in the Fashion industry.

Looking Ahead

With this new capital, Everlane is well-positioned to execute on its growth strategy and continue building innovative solutions in the Fashion space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-07-29. For more information about Everlane, visit their headquarters at 100 Hooper Street, San Francisco, CA 94107.