# Maiyet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maiyet

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.maiyet.com
- Total disclosed funding: $26M
- Latest round: Series B (Nov 13, 2014)
- Investors on record: 1

## About

Maiyet Inc. is a New York-based company that specializes in creating luxury fashion while promoting ethical sourcing and sustainable practices. The company focuses on empowering artisans and communities through its supply chain.Founded in 2011 in New York, Maiyet Inc. operates as a fashion brand that emphasizes ethical craftsmanship. The company has engaged in 5 deals, with the most recent deal occurring on October 8, 2015, when it raised USD 13.43 mn in a Series C funding round. The founder, Paul van Zyl, also serves as the CEO, contributing his previous experience in social entrepreneurship to the company’s mission.Maiyet Inc. operates as a luxury fashion brand, offering a range of apparel and accessories that showcase the craftsmanship of artisans worldwide. The company prioritizes ethical sourcing and sustainability, ensuring that its products are created with respect for the environment and the communities involved in their production. Maiyet's collections reflect a commitment to high-quality materials and design, appealing to consumers interested in responsible luxury.Maiyet Inc. generates revenue primarily through direct-to-consumer sales of its fashion products. The company’s business model includes online and retail transactions, allowing customers to purchase ethically-made apparel and accessories. While specific pricing details are not disclosed, revenue is derived from sales in the luxury fashion segment, with an emphasis on retaining a percentage from each transaction as part of standard operational practices.Looking ahead, Maiyet Inc. plans to expand its product offerings with the introduction of new collections designed to cater to a broader audience. The company is also targeting expansion into international markets, particularly in Europe and Asia, by 2023. The recent funding of USD 13.43 mn raised in Series C will support these initiatives, facilitating product development and market entry strategies.

## Funding rounds

- Series B, Nov 13, 2014, $9.8M — DBL Partners
- Series B, Jul 25, 2013, $8.4M — DBL Partners
- Series B, Nov 1, 2012, $7.3M — DBL Partners

## Investors

- DBL Partners (https://capitalatlas.ai/funds/dbl-partners) — Series B