About Ihaveu
Ihaveu was a Retail company based in Tianjin (China) founded in 2010 by Sun Tongyu and Chen Xiao. An online e-commerce site specializing in luxury products for discerning consumers. It operates on a B2C model. Ihaveu has raised $51 million across 2 funding rounds from investors including Lightspeed Venture Partners, The CID Group and JAFCO Asia. Its chief executive, as recorded, is Chen Xiao. The company is recorded as dissolved. Its focus areas include E-commerce, Luxury Goods and Online Sales. Its competitors include Secoo, Xiu and Shangpin; 3 of its 3 listed competitors have raised funding.
Company details
Ihaveu operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, luxury goods, and conducting sales online. An online e-commerce site specializing in luxury products for discerning consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Tianjin, China
- Founders Sun Tongyu, Chen Xiao
- SectorsRetail
- Website ihaveu.com
- Total Equity Funding$51M (USD)
in 2 rounds
- Latest Funding Round$40M (USD), Series B
Mar 2012
- InvestorsLightspeed Venture Partners
& 3 more
Funding Insights of Ihaveu
Ihaveu has successfully raised a total of $51M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in March 2012. 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 $51M
- Total Rounds 2
- Last Round Series B — $40M
- First Round $11M
(Dec 2010)
- Investors Count 4
All 2 funding rounds of Ihaveu 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 |
|---|---|---|---|---|---|
| Mar 2012 | $40M | Series B | – | – | |
| Dec 2010 | $11M | Series A | – | Lightspeed Venture Partners, IDG Capital | – |
4 investors in total: 4 institutional.
Investors in Ihaveu
Ihaveu has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, The CID Group and JAFCO Asia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| cidgroup.com | ||||
Investments in early-stage tech startups are made by JAFCO Asia. | jafcoasia.com | Singapore, Singapore | ||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm | idgcapital.com | New York, United States |
Investor details for Ihaveu
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.
People of Ihaveu
2 people are tracked at Ihaveu (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sun Tongyu | Co-Founder | Leadership |
Chen Xiao | Co-Founder, CEO | Leadership |
Complete people profiles for Ihaveu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ihaveu
3 dated milestones of Ihaveu across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ihaveu is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B, of $40.0M.
Competitors of Ihaveu
Ihaveu has 3 listed competitors in our database, 3 of them funded. They include Secoo, Xiu and Shangpin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| secoo.com | 2008 | Shanghai, China | $195M | |||
| xiu.com | 2008 | Shenzhen, China | $150M | Luxury and fashion products are sold through an e-commerce platform. | ||
| shangpin.com | 2010 | Beijing, China | $60M | Global luxury brands are retailed online via flash sales. |
Detailed competitors of Ihaveu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ihaveu
Websites that share an audience with Ihaveu (ihaveu.com).
Websites whose visitors overlap most with Ihaveu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shangpin.com | 100% | View details | |||
| 5lux.com | 99% | View details | |||
| zhen.com | 80% | View details |
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Frequently Asked Questions about Ihaveu
Ihaveu was founded in 2010.
Ihaveu is headquartered in Tianjin, China.
Chen Xiao is the CEO of Ihaveu, as recorded in our data. They have also founded this company.
Ihaveu is a funded company, having raised a total of $51M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Dec 2010.
Ihaveu operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, luxury goods, and conducting sales online. An online e-commerce site specializing in luxury products for discerning consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Ihaveu has 4 investors. Key investors include Lightspeed Venture Partners, The CID Group, JAFCO Asia, and IDG Capital.