About Matchu
Matchu is a company based in Shanghai (China) founded in 2016 by Liu Xiang and Qian Baoxiang.. Matchu has raised $14.5 million across 2 funding rounds from investors including Shunwei Capital, Hillhouse and Gaorong Capital. Matchu operates in a competitive market with competitors including Indochino and 51iek, among others.
- Headquarter Shanghai, China
- Founders Liu Xiang, Qian Baoxiang
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.5 M (USD)
in 2 rounds
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Latest Funding Round
$14.5 M (USD), Series B
Dec 21, 2018
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Investors
Shunwei Capital
& 3 more
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Employee Count
Employee Count
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Funding Insights of Matchu
Matchu has successfully raised a total of $14.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in December 2018. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $14.5M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series B - Matchu | Valuation | Shunwei Capital , Hillhouse |
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| Dec, 2017 | Amount | Series A - Matchu | Valuation | Qingsong Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Matchu
Matchu has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Shunwei Capital, Hillhouse and Gaorong Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location | |
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Global private equity investments are managed with long-term focus.
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Founded Year | Domain | Location | |
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Early and growth-stage TMT startups are funded in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Matchu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Matchu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Matchu Comparisons
Competitors of Matchu
Matchu 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 Indochino and 51iek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Custom-tailored menswear is provided via an online platform.
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| domain | founded_year | HQ Location |
Provides an online platform for ordering custom-made men's fashion.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Matchu
When was Matchu founded?
Matchu was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Matchu located?
Matchu is headquartered in Shanghai, China.
Who is the current CEO of Matchu?
Qian Baoxiang is the current CEO of Matchu. They have also founded this company.
Is Matchu a funded company?
Matchu is a funded company, having raised a total of $14.5M across 2 funding rounds to date.
What does Matchu do?
Matchu was founded in 2016 in Shanghai, China, as an online platform in the menswear sector. Body measurements are captured through AI remote technology. Garments are produced from natural bamboo fiber fabric. Customization options are offered for shirts, including collars, sleeve types, pockets, and additional features, allowing preferences to be specified by users. Operations focus on direct-to-consumer personalization in the fashion technology space.
Who are Matchu's investors?
Matchu has 4 investors. Key investors include Shunwei Capital, Hillhouse, Gaorong Capital, and Qingsong Fund.