Michael Preysman is the founder of Everlane. Everlane has raised $18M in total funding. Latest round: IPO. Backed by Lerer Hippeau Ventures, Maveron, 14W.
Michael Preysman is the founder and CEO of Everlane, a sustainable fashion brand he grew to a valuation of approximately $500 million before its acquisition by Shein in May 2026. He raised around $18 million in venture funding for Everlane. Following the sale, Preysman announced plans to launch a new independent brand, stillradical.com, without external investment.
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