About Letao
Letao is a company based in Beijing (China) founded in 2008 by Sheng Bi. Letao has raised $84.47 million across 6 funding rounds from investors including Ceyuan Ventures and Detong Capital. Letao operates in a competitive market with competitors including OkBuy, Paixie, Eyee, 10000xc and Wolverine Minerals, among others.
- Headquarter Beijing, China
- Founders Sheng Bi
- Website letao.com
- Total Equity Funding$84.47M (USD)
in 6 rounds
- InvestorsCeyuan Ventures
& 1 more
Funding Insights of Letao
Letao has successfully raised a total of $84.47M across 6 strategic funding rounds. 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 $84.47M
- Total Rounds 6
- First Round $2M
(May 2008)
- Investors Count 2
All 6 funding rounds of Letao 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 |
|---|---|---|---|---|---|
| Jan 2012 | – | Series E | – | – | |
| Jan 2011 | $30M | Series D | – | – | |
| Dec 2010 | $32.47M | Series C | – | – | |
| Jun 2010 | $10M | Series B | – | – | |
| Apr 2010 | $10M | Series A | – | – | |
| May 2008 | $2M | Angel Round | – | – |
2 investors in total: 2 institutional.
Investors in Letao
Letao has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ceyuan Ventures and Detong Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments in China are managed by Ceyuan Ventures. | – | ceyuan.com | Hong Kong, China | |
- | – | dtcap.com | - |
Investor details for Letao
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
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People of Letao
1 people are tracked at Letao (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sheng Bi | Founder, CEO | Leadership |
Complete people profiles for Letao
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
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Timeline of Letao
3 dated milestones of Letao across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Letao is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series E,.
Competitors of Letao
Letao 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 OkBuy, Paixie, Eyee, 10000xc and Wolverine Minerals, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| okbuy.com | 2007 | Beijing, China | $27M | – | An e-tailer specializing in a wide range of footwear products for online shoppers. | |
| paixie.net | 2007 | Guilin, China | $30M | – | Paixie is a shopping website specializing in branded shoes and apparel for style-conscious consumers. | |
| eyee.com | 2016 | Jinshan, China | $10M | – | Manages an e-commerce platform specializing in footwear sales. | |
| 10000xc.com | 2013 | Xiamen, China | $18.8M | – | Operates a digital marketplace for purchasing footwear. | |
| wolverineminerals.ca | 2004 | Vancouver, Canada | – | – | Manages an e-commerce store specializing in footwear products. | |
| yougou.com | 2011 | Shenzhen, China | – | – | Manages an e-commerce store specializing in a wide range of footwear. | |
| lvitso.com | 2021 | Fuzhou, China | – | – | Manages an e-commerce store offering casual footwear for men and women. | |
| shoesbuystore.top | 2010 | Beijing, China | – | – | Operates as a retailer and wholesaler specializing in shoes. | |
| ruidafactory.com | 2016 | Hong Kong, China | – | – | Manages an e-commerce store focused on sports footwear. |
Detailed competitors of Letao
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 Letao
Websites that share an audience with Letao (letao.com).
Websites whose visitors overlap most with Letao. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vancl.com | 94% | 29.6K | #795,122 | View details | |
| masamaso.com | 93% | – | – | View details | |
| mbaobao.com | 91% | – | – | View details | |
| gap.cn | 83% | – | – | View details | |
| kela.cn | 54% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Letao
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Letao
Letao was founded in 2008.
Letao is headquartered in Beijing, China.
Sheng Bi is the current CEO of Letao. They have also founded this company.
Letao is a funded company, having raised a total of $84.47M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $2M, raised on May 2008.
Letao has 2 investors. Key investors include Ceyuan Ventures, and Detong Capital.