Hylete (2022)
About this raise
Hylete, with a valuation of $27.4 million, is raising funds on StartEngine. The training lifestyle brand 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 the comfort and complete well-being of the community. Hylete has generated lifetime revenues of over $73 million since its launch, with $9.8 million in 2021. Ronald Wilson and Matthew Paulson founded Hylete in 2012. The current crowdfunding campaign has a minimum target of $9,999.78 and a maximum target of $1,699,999.72. The campaign proceeds will be used for growth and expansion.
Investment Overview
Committed [Withdrawn]: $159,125
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/10/2022
- Close Date
- 12/21/2022
$10,000
$1,700,000
$500
Equity - Preferred
Growth Stage
RegCF
$0.29
$27,379,991
Company & Team
Company
- Year Founded
- 2012
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -11.7% YoY
- $9,823,712
- Monthly Burn
- $227,649
-
Runway
- 0.3 months
- Gross Margin
- 55%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $7,315,168
- VC Backed?
- No
| 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| 12/21/2022 | StartEngine | $27,379,991 | $159,125 | Equity - Preferred | Withdrawn | RegCF |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.