Solvated electron (esol−) is highly reducing species and apt to initiate monomers via one‐electron transfer reaction. Herein, utilizing the esol− solution of Na/hexamethylphosphoramide, radical and anionic initiations were observed respectively, which heavily depended on Na concentrations. Interestingly, this initiation system, in states of lower Na concentrations, higher molar conductivities and less paired esol−, gave rise to a controlled radical polymerization (CRP) to yield polymers with predictable molecular weights and narrow molecular weight distributions (the lowest Ð = 1.25). This CRP presented unique behaviors, like solvent effect, electric field effect and unusual copolymerization phenomenon. A semi‐conjugated radical carrying a negative charge is proposed to be responsible for the CRP. This system gives a distinct way to regulate CRP from current CRPs, and offers new insights into the monomer initiation by esol−.This article is protected by copyright. All rights reserved