Non-alcoholic social tonic with ashwagandha, lion's mane, and L-theanine — the calm, functional alternative to cocktails.
••• tracked monthly revenue — retail •••, DTC •••
••• retail doors — led by Other stores (•••), Target (•••)
••• Series B raised (Oct ••• •••)
Hiyo closed an oversubscribed ••• Series B to push deeper into retail, live entertainment and nightlife.
SG Credit Partners provided a senior debt facility following Hiyo's Series A to support retail growth.
Constellation Brands' venture arm took a minority stake in Hiyo, leading its Series A. Amount not disclosed.
Oversubscribed $20.8M Series B; funds go to retail growth plus live entertainment and nightlife.