Hyve

What Hyve does

Hyve, operating through the legal entity HYVE SECURITY HOLDINGS LLC and headquartered in Agoura Hills, California, designs and sells a single-product outdoor smart package locker that secures residential deliveries using unique 4-digit PIN codes entered by carriers. The weatherproof (IP65) hardware unit, manufactured in Vietnam, auto-locks when packages are placed inside and connects via a mobile app on iOS and Android to deliver real-time notifications, manage per-carrier PINs (Amazon, UPS, FedEx, USPS, DoorDash, Instacart), and pair Smart Return Labels for outbound returns. PINs are stored directly in the lock so deliveries continue when Wi-Fi is down; a stainless-steel security tether and motion-triggered siren address physical theft risk.

The business model combines a one-time hardware purchase ($279) with three recurring subscription tiers: a Free plan with single admin PIN, an Essentials plan at $4.99/month unlocking vendor PINs, multi-user access, notifications, and DIY return pickups through an in-app Uber Courier integration, and a premium Returns plan at $14.99/month in select ZIPs that adds bi-weekly pickups by Hyve drivers and in-app label generation. Distribution is direct-to-consumer via a Shopify-powered e-commerce storefront with free shipping, plus an Enterprise sales motion targeting multi-family residential building managers. Five named apartment communities (Crosspointe, Olympic Heights, Summit Vista, Switchback, Westwater Village) account for at least 1,012 residents served. Marketing emphasizes user-generated content, affiliate distribution through Uppromote, and earned media in outlets such as Inc., CNET, Fast Company, TechCrunch, and Entrepreneur.

The primary customer segment is individual homeowners concerned with porch theft and weather damage; a secondary segment is multi-family residential property managers seeking building-wide package management. Revenue is split across consumer hardware sales and B2C subscription/transaction fees, with Affirm providing $23/month financing to reduce purchase friction. The company is private, has not disclosed funding rounds, and holds a pending patent (US12469374) on the hyve Pod design.

Name

Hyve

Legal name

HYVE SECURITY HOLDINGS LLC

Website

https://hyvesecurity.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Hyve is a private e-commerce company that designs, manufactures in Vietnam, and sells a $279 outdoor smart package locker securing residential deliveries via per-carrier 4-digit PINs. It serves individual homeowners and multi-family residential buildings through tiered subscription plans covering delivery security and at-home returns.

Ownership category

akta.pro rank

Product category

Smart Package Lockers

SIC

Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540)

akta.pro primary industry

Residential & Multifamily Parcel Locker Solutions (Apartment/HOA) (TLAAAMAD)

Keywords

• Smart package lockers
• Parcel delivery hardware
• Porch theft prevention
• At-home return pickup
• Smart home delivery

Headquarters

HQ city

Agoura Hills

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Marketing or Sales, Operations, Personnel

Revenue model

1. Hardware Sales: One-time hardware purchase of the hyve Smart Package Locker at $279. Includes free shipping. This is the primary customer acquisition vehicle, with optional subscription tiers providing recurring revenue.
2. Subscription Tiers: Recurring subscription revenue from three tiers: Free ($0), Essentials ($4.99/mo or $49/yr), and Returns ($14.99/mo or $149/yr). Paid tiers unlock app features, vendor PINs, notifications, and return pickup services.
3. Return Pickup Fees (Essentials): Essentials plan customers pay per-trip fees directly to Uber Courier for return pickups. hyve charges no additional scheduling fee; costs vary by distance and demand.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Hyve designs, manufactures, and sells a weatherproof, battery-powered outdoor smart package locker secured by unique 4-digit PINs that delivery drivers enter to deposit packages. The $279 hardware works with every major carrier and auto-locks on arrival, with optional paid subscription tiers (Essentials and Returns) that add per-carrier PINs, app-based notifications, multi-user household control, and at-home return pickups via Uber Courier or hyve drivers. A separate multi-family residential Enterprise offering deploys building-scale lockers with scheduled return pickups.

Product overview

Hyve is a single-product smart home hardware company centered on the hyve Smart Package Locker — a weatherproof, battery-powered outdoor delivery locker ($279 one-time) that secures packages using one-time PIN codes entered by delivery drivers. The locker supports all major carriers (Amazon, UPS, FedEx, USPS, DoorDash, Instacart) and auto-locks on delivery. Hyve's revenue model combines the hardware purchase with three subscription tiers: the Free plan (basic PIN access, no app), the Essentials plan ($4.99/mo — full vendor PINs, real-time app alerts, multi-user household, and DIY return pickups via Uber Courier integration), and the Returns plan ($14.99/mo in select ZIPs — everything in Essentials plus unlimited bi-weekly pickups by hyve drivers with in-app label generation). Smart Return Labels are included with paid plans to identify returns for pickup. The company also offers a building-scale Enterprise tier for multi-family residential properties. The product is designed, patented (US12469374), and is manufactured in Vietnam with headquarters in Agoura Hills, California.

Differentiator

Problem solved

Functional benefit

Products and services

• hyve Smart Package Locker Weatherproof, battery-powered outdoor smart package locker secured by unique 4-digit PIN codes entered by delivery drivers. Auto-locks on arrival, works with all major carriers (Amazon, UPS, FedEx, USPS, DoorDash, Instacart), and sends real-time alerts. One-time hardware purchase priced at $279 with free shipping and a 30-day money-back guarantee.
• hyve Enterprise (Multi-Family Residential) Building-scale deployment of hyve for multi-family residential properties, including apartments and condominiums. Provides dedicated lobby or property-level hyve units with returns service, building-wide package management, and scheduled pickups (minimum two per month, scaling with return volume), with pickup schedule visibility through the app.

Quantifiable outcome

• 96% of verified buyers would purchase again
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Uber CouriercoreTechnology or IntegrationUber Courier integration within the hyve app enables Essentials plan customers to schedule return package pickups directly. Drivers collect labeled returns from the hyve unit. This is a core component of the returns workflow for the Essentials subscription tier.
• ShopifycoreTechnology or IntegrationShopify powers hyve's e-commerce storefront, payment processing, and order management. The privacy policy notes Shopify collects and processes personal information to provide and improve services.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Luxer One: Smart package locker and room solutions for apartments, multifamily, and retail. Closest direct competitor to Hyve's multifamily locker offering, with a similar carrier-agnostic access model.
• Smiota: Smart locker and package management platform for residential, multifamily, and commercial real estate. Similar B2B motion and locker hardware, with stronger enterprise property-management focus.
• Parcel Pending (by Quadient): Largest US provider of smart package lockers for residential and multi-family buildings. Directly comparable to Hyve in the multifamily parcel locker category, with a broader installed base and B2B sales motion.

Emerging players

• Cleveron: Estonia-based smart parcel locker and pickup solutions provider with US deployments. Comparable product (outdoor/indoor lockers) and similar carrier-agnostic access model, with broader international footprint.
• PackageX: Logistics digitization platform with smart package locker and management APIs for residential and commercial buildings. Overlaps with Hyve's enterprise/multi-family motion, with a stronger software/API focus.
• LATCH (Latch, now DOOR): Smart access hardware and software for apartments and multifamily buildings. Adjacent competitor in the smart-home-hardware-for-multifamily category, with overlapping installation and property-management channels.
• GoLocker: Parcel locker network offering pickup/drop-off locations for residential and business customers. Shares the PUDO+locker thesis with Hyve, though operates a shared network model rather than per-home hardware.
• BoxLock: Smart padlock that opens only for verified delivery scans. Competes with Hyve at the consumer end of the secure package delivery category, though with a different hardware form factor.

Broad incumbents

• Pitney Bowes (SendPro / Locker Solutions): Major mailing and shipping logistics company with package locker solutions for residential and commercial properties. Competes in the same multifamily and last-mile parcel management space with broader logistics capabilities.
• Amazon Key: Amazon's in-home and in-car delivery offering, plus Amazon Hub locker network. Represents the dominant, well-capitalized incumbent that competes for the same porch-theft and secure-delivery use case.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@hyvesecurity
• Facebookl.facebook.com/l.php?u=http%3A%2F%2Fhyvesecurity.com%2F%3Ffbclid%3DIwZXh0bgNhZW0CMTAAYnJpZBExQnM0MHpDZ2tpajRDTjNIWAEe2b-te7x2V6LU4YNxd-p745XYsG4Ffbvoio3HM_9Ny_NKNdj5C3xhp7Q1k3Y_aem_tvhJO40-xTC0Vk0LHCmkBw&h=AT2E4i_smyyyr5TORNA3dy1QheaKuxJZrWeCsSztUEqdKRG3ckfSjPFBPlEE1iS2CI7DQ16HNftKVn6FHRqOSDZ8fwgkLBclxGA3Z0vY04z3z5grLTQk8NshULYLIcPdCe-Svg
• TikToktiktok.com/@hyvesecurity

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyve