Hylete (2017)
About this raise
Hylete is raising funds on StartEngine. It is a training lifestyle brand and has an extensive line of men and women apparel, gear, and footwear, with flagship products like Iris Short, Helix Short, and Circuit Shoe. The products of Hylete aim at comfort and the complete well-being of the community. The company has about 10,000 passionate ambassadors and a strong social media presence. Ronald Wilson and Matthew Paulson founded Hylete in March 2012. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1 million. The campaign proceeds will be used for product development, marketing, and general working capital.
Investment Overview
Invested : $1,000,000
Deal Terms
- Platform
- StartEngine
- Start Date
- 02/04/2017
- Close Date
- 04/29/2017
$250,000
$1,000,000
$250
Equity - Common
Early Stage
RegCF
$1.00
Company & Team
Company
- Year Founded
- 2012
- Industry
- Education, Training, & Coaching
- Tech Sector
- Location
- Solana Beach, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$161,019
as of FY2016
-
Runway
-
4.2 months
as of FY2016
- Gross Margin
-
53%
as of FY2016
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/21/2022 | StartEngine | $27,379,991 | $159,125 | Equity - Preferred | Withdrawn | RegCF |
| 03/03/2021 | StartEngine | $48,800,000 | $1,433,172 | Equity - Common | Funded | RegA+ |
| 02/17/2020 | StartEngine | $30,400,000 | $1,069,701 | Equity - Common | Funded | RegCF |
| 04/29/2017 | StartEngine | - | $1,000,000 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.