About Wangcl
Wangcl was a Retail company based in Shanghai (China) founded in 2013 by Shao Jie Huang and Yong Ze Peng. It operates as an online-first retailer specializing in private label eyewear for direct consumer sales. It operates on a B2C model. Wangcl has raised $23 million across 1 funding round from investors including Qifu Capital. Its chief executive, as recorded, is Yong Ze Peng. The company is recorded as dissolved. Its focus areas include Retail and E-commerce, E-commerce, Eyewear Retail and Private Label Products. Its competitors include Loho, Inmix and Polette; 2 of its 3 listed competitors have raised funding.
Company details
Wangcl, based in Shanghai, focuses on retail and e-commerce, operating online marketplaces, eyewear retail, and private label products. Operates as an online-first retailer specializing in private label eyewear for direct consumer sales. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Shanghai, China
- Founders Shao Jie Huang, Yong Ze Peng
- SectorsRetail
- Email••••••••
- Website wangcl.com
- Total Equity Funding$23M (USD)
in 1 rounds
- Latest Funding Round$23M (USD), Series B
Dec 2015
- Investors
Funding Insights of Wangcl
Wangcl has successfully raised a total of $23M through 1 strategic funding round. The most recent funding activity was a Series B round of $23 million completed in December 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 $23M
- Total Rounds 1
- Last Round Series B — $23M
- First Round $23M
(Dec 2015)
- Investors Count 1
All 2 funding rounds of Wangcl 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 2015 | $23M | Series B | – | QF Capital | – |
| Mar 2015 | Series A | – | QF Capital | – |
1 investors in total: 1 institutional.
Investors in Wangcl
Wangcl has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Qifu Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are managed by Qifu Capital. | 2013 | qfvc.cn | Sanya, China |
Investor details for Wangcl
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 Wangcl
2 people are tracked at Wangcl (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shao Jie Huang | Co-Founder | Leadership |
Yong Ze Peng | Co-Founder, CEO | Leadership |
Complete people profiles for Wangcl
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 Wangcl
2 dated milestones of Wangcl across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Wangcl is founded.
- Funding First funding round of $23.0M.
Competitors of Wangcl
Wangcl has 3 listed competitors in our database, 2 of them funded. They include Loho, Inmix and Polette.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| loho88.com | 2011 | Shenzhen, China | $125M | Eyewear products are sold through online and offline channels. | ||
| inmix.com | 2010 | Beijing, China | $7M | An online private label brand specializing in eyewear. | ||
| polette.com | 2011 | Hong Kong, China | Online retailer specializing in private label eyewear products. |
Detailed competitors of Wangcl
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Wangcl
Wangcl was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Wangcl is headquartered in Shanghai, China.
Yong Ze Peng is the CEO of Wangcl, as recorded in our data. They have also founded this company.
Wangcl is a funded company, having raised a total of $23M across 1 funding round to date.
Wangcl, based in Shanghai, focuses on retail and e-commerce, operating online marketplaces, eyewear retail, and private label products. Operates as an online-first retailer specializing in private label eyewear for direct consumer sales. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Wangcl has 1 investor. Key investors include Qifu Capital.