Tech Company Financing Transactions
HEX Performance Funding Round
On 3/17/2020, HEX Performance raised $5 million in funding from Lykos Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
3/17/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Lykos Capital Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to strengthen its position in the activewear laundry category, add team members and accelerate the innovation pipeline.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
1215 East Fort Ave. 003
Baltimore, MD 21230
USA
Baltimore, MD 21230
USA
Phone
Website
Email Address
Overview
Believe it or not, HEX Performance founder Drew Westervelt actually never intended to create the coolest laundry detergent ever (even though that's totally what happened). The path to HEX was a rocky one full of ups, downs, and more than a few failed sniff tests. But in the end, Drew's passion for people, the planet and better-performing gear got us to where we are today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Arcuri
Chief Operating Officer
Drew Westervelt
VP - Finance
Gene Mattingly
VP - Marketing
Karissa Lim
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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