About Hylete
Hylete is a company based in Solana Beach (United States) founded in 2012.. Hylete has raised $6.5 million across 5 funding rounds. Hylete has completed 1 acquisition, including GRACEDBYGRIT. Hylete operates in a competitive market with competitors including Vuori, Gymshark, Nobull, Stio and Outdoor Voices, among others.
- Headquarter Solana Beach, United States
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Sectors
RetailMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.5 M (USD)
in 5 rounds
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Latest Funding Round
$3 M (USD), Series A
Sep 15, 2021
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Hylete
Hylete has successfully raised a total of $6.5M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $3.0M
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First Round
First Round
(17 Mar 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Hylete | Valuation |
investors |
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| May, 2018 | Amount | Seed - Hylete | Valuation |
investors |
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| Aug, 2016 | Amount | Seed - Hylete | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hylete
Hylete has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GRACEDBYGRIT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of precision machined components for aerospace and machine tool industries
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hylete
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hylete Comparisons
Competitors of Hylete
Hylete operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vuori, Gymshark, Nobull, Stio and Outdoor Voices, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand offering multi category sports wear for men and women
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| domain | founded_year | HQ Location |
Sportswear apparel for men and women is offered online.
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| domain | founded_year | HQ Location |
Fashion accessories and apparel are offered for weightlifters and trainers.
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| domain | founded_year | HQ Location |
Sports apparel is retailed online by Stio in various categories.
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| domain | founded_year | HQ Location |
Technical apparel for recreation and fitness activities is offered.
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| domain | founded_year | HQ Location |
Internet-first sportswear apparel is provided for men and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hylete
Frequently Asked Questions about Hylete
When was Hylete founded?
Hylete was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Hylete located?
Hylete is headquartered in Solana Beach, United States. It is registered at Solana Beach, California, United States.
Is Hylete a funded company?
Hylete is a funded company, having raised a total of $6.5M across 5 funding rounds to date. The company's 1st funding round was a Seed of $898.58K, raised on Mar 17, 2014.
What does Hylete do?
Hylete was founded in 2012 and is based in Solana Beach, United States. An internet-first brand in the sports fashion sector, it provides apparel such as tees, tanks, shorts, base layers, jackets, hoodies, footwear, and accessories including headwear and socks. Bulk orders are accepted, and programs are offered for certified trainers, competitive athletes, and households of service personnel. Operations focus on direct-to-consumer sales through its domain.
How many acquisitions has Hylete made?
Hylete has made 1 acquisition, including GRACEDBYGRIT.
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