How Much Did Hytest Raise?
Funding & Key Investors

Hytest, a prominent player in the safety footwear sector, has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant backing underscores the company's established market presence and its ongoing trajectory in providing advanced protective solutions for various industrial environments.

What is Hytest?

Hytest
ManufacturingTextiles & ApparelApparel & Accessories Retail

Hytest stands as a pioneering safety footwear company, distinguished by its extensive history of innovation in protective work shoes. The company's core specialization lies in the development of advanced safety features, including robust metatarsal guards, highly effective slip-resistant soles, and specialized electrostatic-dissipating technology. Hytest offers a comprehensive product line that encompasses industrial safety footwear, dress-style safety shoes, and other specialized footwear tailored for diverse workplace settings. Notable innovations include the Clincher sole, engineered for superior slip resistance, FootHolds slip-resistant footwear, and the FootRests XT line, which incorporates advanced Nano Technology toes. Serving both North American and European markets, Hytest's products are meticulously designed to enhance workplace safety across a multitude of industries, consistently merging comfort, durability, and essential protection.

How much funding has Hytest raised?

Hytest has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Hytest

PPP

Public-Private Partnership

What's next for Hytest?

With a substantial total funding amount of $350K and recent strategic investment, Hytest is well-positioned for continued expansion and technological advancement. The company's focus on developing cutting-edge safety features and its broad market reach suggest a strategic emphasis on scaling production, enhancing distribution networks, and potentially exploring new product lines or material innovations. This large-scale late-stage funding context indicates a mature phase of growth, likely aimed at solidifying market leadership and capitalizing on emerging opportunities within the global safety footwear industry.

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Frequently Asked Questions Regarding Hytest Financial Insights

What are the most recent funding rounds that Hytest has completed, and what were the funding rounds?
Hytest has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Hytest has raised to date?
Hytest has raised a total of $350K in funding to date.
How many funding rounds has Hytest completed?
Hytest has completed 1 funding rounds.
How much funding did Hytest raise in its most recent funding round?
Hytest raised $350K in its most recent funding round.
Who are the lead investors in Hytest's latest funding round?
The lead investor in Hytest's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hytest's history?
The largest funding round in Hytest's history was $350K.
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