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
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website website.immatchu.com
- Total Equity Funding$14.5M (USD)
in 2 rounds
- Latest Funding Round$14.5M (USD), Series B
Dec 2018
- InvestorsShunwei Capital
& 3 more
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 $14.5M
- Total Rounds 2
- Last Round Series B — $14.5M
- Investors Count 4
All 2 funding rounds of Matchu 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 |
|---|---|---|---|---|---|
| Dec 2018 | $14.5M | Series B | – | Shunwei Capital, Hillhouse | – |
| Dec 2017 | – | Series A | – | Qingsong Fund | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors | – | shunwei.com | Beijing, China | |
Global private equity investments are managed with long-term focus. | – | hillhouseinvestment.com | New York, United States | |
Early and growth-stage TMT startups are funded in China. | – | gaorongvc.com | Beijing, China | |
- | – | qingsongfund.com | - |
Investor details for Matchu
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 Matchu
2 people are tracked at Matchu (2 in leadership).
| Name | Role | Group |
|---|---|---|
Liu Xiang | Co-Founder & COO | Leadership |
Qian Baoxiang | Co-Founder & CEO | Leadership |
Complete people profiles for Matchu
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 Matchu
3 dated milestones of Matchu across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Matchu is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $14.5M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indochino.com | 2007 | Vancouver, Canada | $47.8M | – | Custom-tailored menswear is provided via an online platform. | |
| 51iek.com | 2015 | Shanghai, China | – | – | Provides an online platform for ordering custom-made men's fashion. |
Detailed competitors of Matchu
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.
Similar companies to Matchu
10 companies that operate in the same segment as Matchu (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Matchu
Matchu was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Matchu is headquartered in Shanghai, China.
Qian Baoxiang is the current CEO of Matchu. They have also founded this company.
Matchu is a funded company, having raised a total of $14.5M across 2 funding rounds to date.
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.
Matchu has 4 investors. Key investors include Shunwei Capital, Hillhouse, Gaorong Capital, and Qingsong Fund.