About Duocai
Duocai was a Consumer company based in Beijing (China) founded in 2013. Manages an e-commerce store specializing in home improvement materials and kitchen and bathroom fittings. It operates on a B2C model. Duocai has raised $24 million across 1 funding round from investors including Glodon, Qifu Capital and Sinovation Ventures. The company is recorded as dissolved. Its focus areas include Retail, E-commerce, Home Improvement and Kitchen and Bathroom Fittings. Its competitors include Zaozuo, 51Hejia and Zhuqu; 1 of its 3 listed competitors has raised funding.
Company details
Duocai operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, offering home improvement solutions, and kitchen and bathroom fittings. Manages an e-commerce store specializing in home improvement materials and kitchen and bathroom fittings. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Beijing, China
- SectorsConsumer
- Website duocai.cn
- Total Equity Funding$24M (USD)
in 1 rounds
- Latest Funding Round$24M (USD), Series B
Sep 2015
- InvestorsGlodon
& 4 more
Funding Insights of Duocai
Duocai has successfully raised a total of $24M through 1 strategic funding round. The most recent funding activity was a Series B round of $24 million completed in September 2015. 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.
- Total Funding $24M
- Total Rounds 1
- Last Round Series B — $24M
- First Round $24M
(Sep 2015)
- Investors Count 2
All 4 funding rounds of Duocai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2016 | Series B | – | – | ||
| Sep 2015 | $24M | Series B | – | – | |
| Feb 2015 | Series A | – | – | ||
| Oct 2014 | Seed | – | Newsion Venture Capital | – |
5 investors in total: 5 institutional.
Investors in Duocai
Duocai has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Glodon, Qifu Capital and Sinovation Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are managed by Qifu Capital. | 2013 | qfvc.cn | Sanya, China | |
Early-stage tech investments are targeted in China and the US. | sinovationventures.com | Beijing, China | ||
| tendencevc.com | ||||
| newsionvc.com | ||||
Cost estimation solutions are offered for the construction sector. | 1998 | glodon.com | Beijing, China |
Investor details for Duocai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Duocai
2 dated milestones of Duocai across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Duocai is founded.
- Funding First funding round of $24.0M.
Competitors of Duocai
Duocai has 3 listed competitors in our database, 1 of them funded. They include Zaozuo, 51Hejia and Zhuqu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zaozuo.com | 2014 | Beijing, China | $37.5M | Furniture designs are commercialized in China via Zaozuo's marketplace platform. | ||
| 51hejia.com | 2006 | Shanghai, China | Multimedia interactive platform for China's home furniture market is operated. | |||
| zhuqu.com | 2013 | Beijing, China | Furniture for home furnishings is discovered and purchased online. |
Detailed competitors of Duocai
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Duocai
Duocai was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Duocai is headquartered in Beijing, China.
Duocai is a funded company, having raised a total of $24M across 1 funding round to date.
Duocai operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, offering home improvement solutions, and kitchen and bathroom fittings. Manages an e-commerce store specializing in home improvement materials and kitchen and bathroom fittings. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Duocai has 5 investors. Key investors include Glodon, Qifu Capital, Sinovation Ventures, Tendence Capital, and Newsion Venture Capital.