About Meilele
Meilele was a Consumer company based in Chengdu (China) founded in 2009 by Li Yonggang. Meilele operates as a direct-to-consumer brand offering multi-category home furnishing products. It operates on a B2C model. Meilele has raised $161.8 million across 4 funding rounds from investors including Lightspeed Venture Partners, Yihua Group and CDIB Capital. The company is recorded as dissolved. Its focus areas include Consumer Goods, Home Furnishings, Furniture and Decor and Multi-category Products. Its competitors include Liweijia, LifeVC and Shenzhen JOYHONG Technology; 2 of its 3 listed competitors have raised funding.
Company details
Meilele operates with a B2C model, focusing on producing consumer products, home furnishings, furniture and decor, and multi-category products. Meilele operates as a direct-to-consumer brand offering multi-category home furnishing products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chengdu, China
- Founders Li Yonggang
- SectorsConsumer
- Website zx.meilele.com
- Total Equity Funding$161.8M (USD)
in 4 rounds
- Latest Funding Round$84M (USD), Series C
Aug 2015
- InvestorsLightspeed Venture Partners
& 5 more
Funding Insights of Meilele
Meilele has successfully raised a total of $161.8M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $84 million completed in August 2015. 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 $161.8M
- Total Rounds 4
- Last Round Series C — $84M
- First Round $40M
(Apr 2012)
- Investors Count 6
All 5 funding rounds of Meilele 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 |
|---|---|---|---|---|---|
| Aug 2015 | $84M | Series C | – | – | |
| Jun 2015 | $12.8M | Series C | – | – | – |
| Apr 2013 | $25M | Series B | – | CDIB Capital | – |
| Apr 2012 | $40M | Series B | – | Lightspeed Venture Partners | |
| Dec 2010 | Series A | – | – |
6 investors in total: 6 institutional.
Investors in Meilele
Meilele has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Yihua Group and CDIB Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| yihua.com | ||||
PE firm investing in Asia | cdibcapital.com | Hong Kong, China | ||
LionRock Capital is focused on global consumer lifestyle investments. | lionrockcapitalhk.com | Hong Kong, China | ||
| ktb.capital | ||||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Early-stage investments are focused on Southeast Asia and India. | vertexventures.com | Palo Alto, United States |
Investor details for Meilele
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Meilele
1 people are tracked at Meilele (1 in leadership).
| Name | Role | Group |
|---|---|---|
Li Yonggang | Co-Founder, CTO | Leadership |
Complete people profiles for Meilele
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Meilele
3 dated milestones of Meilele across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Meilele is founded.
- Funding First funding round of $40.0M.
- Funding Latest funding round, Series C, of $84.0M.
Competitors of Meilele
Meilele has 3 listed competitors in our database, 2 of them funded. They include Liweijia, LifeVC and Shenzhen JOYHONG Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| liweijia.com | 2012 | Chengdu, China | $15.7M | Home furnishing products and services are delivered via O2O model. | ||
| lifevc.com | 2012 | Shanghai, China | $30M | Online private label household products are retailed by LifeVC. | ||
| joyhong.com | 2013 | Shenzhen, China | It functions as an it is a professional manufacturer and supplier of products. |
Detailed competitors of Meilele
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Meilele
Websites that share an audience with Meilele (meilele.com).
Websites whose visitors overlap most with Meilele. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flexaworld.com | 55% | 59.6K | #507,677 | View details | |
| derucci.com | 35% | 7.3K | View details |
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Frequently Asked Questions about Meilele
Meilele was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Meilele is headquartered in Chengdu, China. It is registered at Chengdu, Sichuan, China.
Meilele is a funded company, having raised a total of $161.8M across 4 funding rounds to date.
Meilele operates with a B2C model, focusing on producing consumer products, home furnishings, furniture and decor, and multi-category products. Meilele operates as a direct-to-consumer brand offering multi-category home furnishing products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Meilele's top competitors include Liweijia, LifeVC and Shenzhen JOYHONG Technology.
Meilele has 6 investors. Key investors include Lightspeed Venture Partners, Yihua Group, CDIB Capital, LionRock Capital, and KTB Capital.