HYLETE on StartEngine

Fitness Lifestyle Brand Community Built, Backed, and Driven

Raise to date: $1,069,581

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Extremely
Start Date

11/15/2019

Stop Date

02/17/2020

Days Remaining

74

Security Type

Equity

Investment Minimum

$500

Deal Type

Underweight


Investment Summary

Status

Active

# of Investors

1,169

% of Minimum Raised

10,696%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

$6

DPD* Committed

$56,294

DPD* Category

$0

DPD* All Companies

$1,441

Kingscrowd Momentum

$1,069,581

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Hylete, with a pre-money valuation of $30.4 million, is raising funds on StartEngine. The company runs a fitness lifestyle brand with products, including men and women apparel, backpacks, and cross-training shoes. Hylete is focused on providing high-quality, innovation, and well-being of the community. The company was founded by Matt Paulson and Ron L. Wilson, II in 2012 and has raised more than $9.7 million since its inception. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. Hylete has over 248,000 customers and more than 25,000 fitness experts. The company generated net revenues of $11.7 million in 2018, with a cumulative growth rate of 40% from 2013 to 2018.

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