Natural Products  March 16, 2020

Hex Performance completes $5M funding round

BOULDER — Hex Performance LLC, a line of eco-friendly cleaning products for activewear fabrics that established a headquarters in Boulder last year, announced Monday the completion of a $5 million funding round.

The round was led by Lykos Capital Partners, which, according to a news release, is described as  “a women-owned growth equity firm that partners with remarkable consumer product brands.”

The funding is expected to help the firm “fuel the innovation pipeline [and] add talented team members,” the release said. 

“We value the confidence of our investors and, in particular, our lead partner Lykos. The funding enhances our resources to continue to get the word out and provide product availability to the marketplace,” Hex CEO Drew Westervelt said in a prepared statement. 

 

BOULDER — Hex Performance LLC, a line of eco-friendly cleaning products for activewear fabrics that established a headquarters in Boulder last year, announced Monday the completion of a $5 million funding round.

The round was led by Lykos Capital Partners, which, according to a news release, is described as  “a women-owned growth equity firm that partners with remarkable consumer product brands.”

The funding is expected to help the firm “fuel the innovation pipeline [and] add talented team members,” the release said. 

“We value the confidence of our investors and, in particular, our…

Related Posts

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Sign up for BizWest Daily Alerts