About Lafaso
Lafaso is a Healthcare company based in Shanghai (China) founded in 2008, and was acquired by VipShop in February 2014. Beauty products are offered online in a women-focused marketplace. Lafaso has raised $40 million across 1 funding round from investors including VipShop, CBC Capital and Sequoia Capital. Its focus areas include Retail, Beauty Tech, Ecommerce and Multi Category. Its competitors include Lili&Beauty, Jumei and Idsbuybuybuy.com; 2 of its 3 listed competitors have raised funding.
Company details
Lafaso is an online cosmetics marketplace founded in 2008. Its a woman centric website focussed on the cosmetic product in mid to high end ranges. Lafaso, as of 2012, boasted 5 million registered users with a repeat purchase rate of 56. Lafaso pulled in about RMB 1 billion in 2011 while 40 came from its own brands. It targeted at 3 billion in sales in 2012. VIPShop pais 112M to acquire Lafaso.
- Headquarters Shanghai, China
- Stage Acquired
- SectorsHealthcare
- Website lafaso.com
- Social LinkedIn
- Acquired by VipShop (Feb 2014)
Funding Insights of Lafaso
Lafaso has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series B round of $40 million completed in April 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 $40M
- Total Rounds 1
- Last Round Series B — $40M
- First Round $40M
(Apr 2012)
- Investors Count 2
All 1 funding rounds of Lafaso 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 |
|---|---|---|---|---|---|
| Apr 2012 | $40M | Series B | – | – |
3 investors in total: 3 institutional.
Investors in Lafaso
Lafaso has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include VipShop, CBC Capital and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in TMT & other tech sectors | cbc-capital.com | Beijing, China | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Multi-category consumer products are sold via online flash sales. | 2008 | vip.com | Guangzhou, China |
Investor details for Lafaso
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 Lafaso
3 dated milestones of Lafaso across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Lafaso is founded.
- Funding First funding round of $40.0M.
- Exit Acquired by VipShop.
Competitors of Lafaso
Lafaso has 3 listed competitors in our database, 2 of them funded. They include Lili&Beauty, Jumei and Idsbuybuybuy.com.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lrlz.com | 2007 | Shanghai, China | $110M | B2C e-commerce retailer for cosmetics industry | ||
| jumei.com | 2010 | Beijing, China | Operates an e-commerce store offering multi-category beauty care products. | |||
| idsbuybuybuy.com | 2018 | Beijing, China | $40M | Multi-category beauty products are offered via an online platform. |
Detailed competitors of Lafaso
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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 Lafaso
Lafaso was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Lafaso is headquartered in Shanghai, China.
Lafaso is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series B of $40M, raised on Apr 2012.
Lafaso is an online cosmetics marketplace founded in 2008. Its a woman centric website focussed on the cosmetic product in mid to high end ranges. Lafaso, as of 2012, boasted 5 million registered users with a repeat purchase rate of 56. Lafaso pulled in about RMB 1 billion in 2011 while 40 came from its own brands. It targeted at 3 billion in sales in 2012. VIPShop pais 112M to acquire Lafaso.
Lafaso's top competitors include Lili&Beauty, Idsbuybuybuy.com and Jumei.
Lafaso has 3 investors. Key investors include VipShop, CBC Capital, and Sequoia Capital.
Yes. Lafaso was acquired by VipShop in February 2014.