About SnowPlus
SnowPlus is a company based in Beijing (China) founded in 2019 by Tiancheng Li and Derek Li. SnowPlus has raised $165 million across 2 funding rounds from investors including Sequoia Capital and Zhen Fund. SnowPlus operates in a competitive market with competitors including GeekVape, FLOWCLUB, HOPO, FEIXI and Lookah, among others.
- Headquarter Beijing, China
- Founders Tiancheng Li, Derek Li
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$165 M (USD)
in 2 rounds
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Latest Funding Round
$125 M (USD), Series B
Mar 12, 2020
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Investors
Sequoia Capital
& 1 more
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Employee Count
Not available
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People of SnowPlus
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Funding Insights of SnowPlus
SnowPlus has successfully raised a total of $165M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $125 million completed in March 2020. 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.
Investors in SnowPlus
SnowPlus has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sequoia Capital and Zhen Fund.
| Investor | Description | Founded Year | Domain | Location |
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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Venture capital firm focused on early-stage investments
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Investor details for SnowPlus
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Investments & Acquisitions by SnowPlus
Investment portfolio details for SnowPlus
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Financial Statements - SnowPlus
Detailed financials for SnowPlus
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Snowplus Comparisons
Peer comparison for SnowPlus
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Competitors of SnowPlus
SnowPlus 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 GeekVape, FLOWCLUB, HOPO, FEIXI and Lookah, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Operates a direct-to-consumer brand offering e-cigarettes.
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Virtual platform offering coworking sessions for productivity and ADHD support.
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Private label brand of vaping products
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Runs a direct-to-consumer brand offering vaping products.
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Offers online sales of vape pens, dab rigs, batteries, and smoking accessories.
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Detailed competitors of SnowPlus
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Latest news on Snowplus
Complete news archive for SnowPlus
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Frequently Asked Questions about SnowPlus
SnowPlus was founded in 2019.
SnowPlus is headquartered in Beijing, China.
SnowPlus is a funded company, having raised a total of $165M across 2 funding rounds to date.
SnowPlus was established in 2019 in Beijing, China, as an internet-first brand in the vaping sector. A range of products such as e-cigarettes, pods, starter kits, smokeless pods, and coffee pods is provided through its online platform. Operations focus on direct-to-consumer sales, with the catalog centered on electronic smoking devices and accessories. The company is co-founded by Tiancheng Li and Derek Li.
SnowPlus has 2 investors. Key investors include Sequoia Capital, and Zhen Fund.