COMPANY INFO
YETI Holdings, Inc. is the actual company name. It was founded in 2006 by Roy and Ryan Seiders. The company has approximately 1,050 full-time employees. YETI is headquartered in Austin, Texas, and its website is https://www.yeti.com. It operates in the consumer cyclical sector, specifically in the leisure industry. YETI designs, retails, and distributes outdoor and recreation products including coolers, drinkware, bags, outdoor living gear, and accessories, all built for durability and outdoor use. The company is known for its high-quality, durable products designed to keep users out in the wild longer and withstand tough conditions.
YETI Holdings, Inc. was founded in 2006 by Roy and Ryan Seiders and operates in the outdoor recreation and manufacturing industry. Headquartered in Austin, Texas, YETI designs, retails, and distributes premium outdoor and recreation products, including coolers, drinkware, bags, outdoor living gear, and accessories. Renowned for their ultimate durability and performance, YETI’s products are crafted to endure tough outdoor environments and help enthusiasts stay longer in the wild.
YETI Holdings, Inc. funding history reflects a strategic growth trajectory, leveraging investment to scale operations and broaden its market footprint. Over three funding rounds, including its Series C and a significant Post-IPO Equity event, YETI has attracted institutional investors and successfully transitioned to a publicly traded company on the NYSE under the ticker YETI. The company’s funding rounds demonstrate a measured approach to leveraging capital for expansion, brand development, and global reach, particularly supporting its position as a leader in the outdoor gear industry. Key investors such as the Cortec Group have played a pivotal role in YETI’s growth story, while public market investors have further enabled large-scale operational advancements.
Following YETI’s public listing on the New York Stock Exchange, the company raised an undisclosed amount through a Post-IPO Equity round. These funds were aimed at providing additional liquidity and supporting ongoing business operations as a newly public entity.
YETI secured $12 million in its Series C round, with investment from AXA and iD TechVentures. Although the specific allocation of funds was not detailed, Series C rounds are generally used to accelerate business expansion and increase market penetration.
Cortec Group is a key investor in YETI Holdings, Inc. Known for its focus on partnering with growth-oriented middle-market companies, Cortec Group provided critical capital and strategic guidance during significant growth phases of YETI’s development, helping to position the company for sustained expansion and eventual public offering.
AXA participated as a lead investor in YETI’s Series C funding round. As a global insurance and asset management giant, AXA’s investment supported YETI’s expansion efforts during a crucial stage of the company's growth.
iD TechVentures was also a lead investor in the Series C round, providing YETI Holdings, Inc. with the capital needed for both operational scaling and regional expansion.
After going public, YETI attracted public market investors through Post-IPO equity offerings, securing additional resources for continued growth and providing liquidity for pre-existing shareholders.
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