Fashion
American direct-to-consumer fashion brand founded in San Francisco, California in 2011 by Michael Preysman and Jesse Farmer with the mission of selling clothing with transparent pricing.
Everlane had been on shaky financial ground for years, and majority owner L Catterton began shopping it around in March 2026. But few expected it to sell to a Shein, a Chinese retailer credibly accused of forced labor and labeled by Yale researchers as “the biggest polluter in fast fashion," for a reported $100 million.
Known investors: Lerer Hippeau, SV Angel, Maveron, Bling Capital, L Catterton
parent company