About Cider
Cider is a company based in Hong Kong (China) founded in 2020 by Fenco Lin, Yu Oppel, and Michael Wang. It operates as a Direct-to-Consumer (D2C). Cider has raised $140 million across 4 funding rounds from investors including DST Global Partners, Greenoaks and Andreessen Horowitz. Cider offers products and services including Women's Clothing, Accessories & Bags, and Shoes. Cider operates in a competitive market with competitors including Everlane, True Religion Apparel, Boohoo, Chubbies Shorts and Levi's, among others.
- Headquarter Hong Kong, China
- Founders Fenco Lin, Yu Oppel, Michael Wang
- Stage Unicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$140 M (USD)
in 4 rounds
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Latest Funding Round
$130 M (USD), Series B
Sep 03, 2021
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Investors
DST Global Partners
& 6 more
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Employee Count
Not available
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Products & Services of Cider
Cider offers a comprehensive portfolio of products and services, including Women's Clothing, Accessories & Bags, and Shoes.
Women's clothing is offered in various trendy styles.
Accessories and bags are provided for style enhancement.
Shoes are available to complement fashionable outfits.
Funding Insights of Cider
Cider has successfully raised a total of $140M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $130 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cider
Cider has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include DST Global Partners, Greenoaks and Andreessen Horowitz.
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Tech-enabled businesses are funded by Greenoaks venture capital firm.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for Cider
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- Investor locations
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Investments & Acquisitions by Cider
Investment portfolio details for Cider
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- Transaction dates
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Financial Statements - Cider
Detailed financials for Cider
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- Profit trends
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Cider Comparisons
Peer comparison for Cider
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- Named peers
- Headcount comparison
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Competitors of Cider
Cider operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Everlane, True Religion Apparel, Boohoo, Chubbies Shorts and Levi's, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category fashion products are offered via an internet-first brand.
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Internet first brand of fashion apparel wear for men and women
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Multi-category fashion products are offered online for men and women.
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Men's casual apparel and swimwear are designed and retailed.
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Internet first brand of apparel wear for kids, women, men and accessories
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Detailed competitors of Cider
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Latest news on Cider
Complete news archive for Cider
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Frequently Asked Questions about Cider
Cider was founded in 2020.
Cider is headquartered in Hong Kong, China.
Michael Wang is the current CEO of Cider. They have also founded this company.
Cider is a funded company, having raised a total of $140M across 4 funding rounds to date.
Fashionable womens clothing is provided by Cider through an online store. A variety of apparel including dresses, curve collections, and trendy outfits are offered. Accessories, bags, and shoes are also included in the product range. Sustainable development is emphasized as part of the brands initiatives. Special offers and discounts are frequently promoted to attract customers in the retail fashion sector.
Cider's top competitors include True Religion Apparel, Everlane and Boohoo.
Cider offers Women's Clothing, Accessories & Bags, and Shoes.
Cider has 7 investors. Key investors include DST Global Partners, Greenoaks, Andreessen Horowitz, IDG Capital, and Decent Capital.
The valuation of Cider is $1B as of Sep 2021.