Diligence memo · auto-generated · as of July 2, 2026
hiyo Inc.
hiyo Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
hiyo Inc. operates in Manufacturing, based in Marina del Rey.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
hiyo Inc. has raised $19M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $19M on 2024-11-19.
Most recent recorded round closed around 2024-11-19.
Valuation (modeled)modeled
Provath models hiyo Inc. at approximately $97M (range $49M–$162M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.87× the median modeled value of Series B Manufacturing companies in 2022–2024 (44 peers) — value vs value, same stage and era. Within the normal band (87% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 19 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 86% of Manufacturing peers (3257 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Stryve Foods, Inc., JW Rutledge Distillery, LLC, Orange EV LLC, Brondell Inc., Advantest Corp.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.