Hiyo Secures $20.8 Million In Series B Funding Led By Constellation Brands

Hiyo, the non-alcoholic social tonic brand founded in 2021 by Evan Quinn, George Youmans and Cygne Cooper, raised an oversubscribed $20.8 million Series B led by Constellation Brands’ venture arm. The company will use the funding to expand its retail footprint and grow in live entertainment and nightlife, with distribution at 5,000 doors and plans to reach 10,000 across Costco, Target and Kroger. FOUNDERS: Evan Quinn, George Youmans & Cygne Cooper INVESTORS: Constellation Brand & Live Nation ROUND: Series B AMOUNT: $20,800,000 HQ: Los Angeles, California #VentureCapital #Hiyo #EvanQuinn #TradedVC