Everlane is an E-commerce startup that has been revolutionizing the fashion and retail industries since its founding in 2010. With a focus on ethically made basics, the company has established itself as a pioneer in producing high-quality, sustainably sourced materials. They are committed to transparency, sharing the true cost of every product they make, and partnering with ethical factories around the world. The company aims to make the right choice easy for consumers by offering products that are both stylish and ethically produced. As part of their growth strategy, Everlane secured a significant $25.00M Debt Financing investment from Gordon Brothers in November 2022, signaling confidence from notable investors in the company's vision and potential. Despite their remarkable progress, Everlane has also been addressing challenges, including fraudulent activities. They have warned the public about scammers falsely advertising interviews and positions with the company, emphasizing that they do not use certain platforms or request payment information during the recruiting process. The brand has been diligent in safeguarding its reputation and integrity amidst such incidents. Overall, Everlane's commitment to ethical production, combined with their recent investment and resolve to overcome obstacles, positions them as an intriguing prospect for potential investors seeking both social impact and financial returns.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $25.00M | 1 | 29 Nov 2022 | |
Debt Financing | $65.00M | - | 15 Sep 2022 | |
Series F | $85.00M | 1 | 11 Sep 2020 | |
Series D | Unknown | 3 | 30 May 2016 | |
Pre Seed Round | Unknown | 1 | Robin Bechtel | 02 Apr 2013 |
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