Everlane
Everlane Raises $100M in Series F
Quick Facts
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.
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