What is Good Day and who founded it?

Good Day is a new startup founded in 2024 by Kyle Hency and Dave Wardell, aimed at solving inventory management problems for retail brands.

How much funding has Good Day raised?

Good Day has raised $7 million in seed funding, bringing their total capital raised to $13.5 million.

What problem is Kyle Hency's new company Good Day solving?

Good Day is addressing the critical challenge of inventory management for clothing brands, offering an 'AI-native, ERP-lite' solution.

Home / Business and Economy / From Shorts to Software: Kyle Hency's Next Big Play

From Shorts to Software: Kyle Hency's Next Big Play

16 Jan

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Summary

Chubbies founder Kyle Hency launched Good Day in 2024 to solve inventory management issues.
Good Day raised $7 million in seed funding, bringing total capital to $13.5 million.
The new software aims to be an 'AI-native, ERP-lite' solution for retail brands.

From Shorts to Software: Kyle Hency's Next Big Play

Kyle Hency, the entrepreneur who co-founded the popular shorts brand Chubbies in 2011, has re-entered the startup scene with Good Day. Launched in 2024 alongside former Chubbies CFO Dave Wardell, this new venture is focused on resolving a significant pain point in the retail industry: inventory management. Hency, drawing from his past struggles with cash flow at Chubbies, aims to equip brands with better tools to navigate this complex area.

Good Day has announced a successful seed funding round, securing $7 million from investors including Ridge Ventures, FirstMark Capital, and Flex Capital. This latest investment brings the company's total raised capital to $13.5 million. The innovative startup is described as an 'AI-native, ERP-lite' system, designed to offer a modern alternative to traditional enterprise resource planning software.