What is Hyi?
Established over three decades ago, Hyi has evolved into a comprehensive footwear solution provider, managing the entire lifecycle from design and sourcing to warehousing and replenishment. The company maintains a robust portfolio of private label and proprietary brands, including Everest, Arapaho, and ProNiq. Operating out of a 150,000 square foot facility in Covina, California, Hyi leverages advanced retail logistics, such as RFID integration and direct-to-consumer fulfillment, to serve a diverse array of mid-tier and large-scale retail accounts. By bridging the gap between overseas manufacturing and domestic market entry, Hyi functions as a critical supply chain partner in the competitive footwear sector.
How much funding has Hyi raised?
Hyi has raised a total of $734K across 2 funding rounds:
Debt
$350K
Debt
$384K
Debt (2020): $350K with participation from PPP
Debt (2021): $384K led by PPP
Key Investors in Hyi
PPP
Public-Private Partnership
What's next for Hyi?
With this major strategic investment, Hyi is well-positioned to accelerate its digital transformation and supply chain optimization efforts. The capital infusion will likely support the expansion of its direct-to-consumer fulfillment infrastructure, allowing the company to capitalize on the ongoing shift toward e-commerce. Furthermore, by strengthening its technical support and in-house sample-making facilities, Hyi aims to reduce time-to-market for its branded footwear lines, ensuring it remains a preferred vendor for major North American retailers. As the company navigates the complexities of global logistics, this financial backing provides the necessary liquidity to maintain its growth trajectory and operational excellence.
See full Hyi company page
