About Wangcl
Wangcl is a company based in Shanghai (China) founded in 2013 by Shao Jie Huang and Yong Ze Peng. It operates as a B2C. Wangcl has raised $23 million across 2 funding rounds from investors including Qifu Capital. Wangcl operates in a competitive market with competitors including Loho, Hawkers, Inmix, Polette and Bacodes, among others.
- Headquarter Shanghai, China
- Founders Shao Jie Huang, Yong Ze Peng
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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
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$23 M (USD)
in 2 rounds
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Latest Funding Round
$23 M (USD), Series B
Dec 30, 2015
- Investors
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Employee Count
Not available
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Funding Insights of Wangcl
Wangcl has successfully raised a total of $23M across 2 strategic funding rounds. 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.
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 |
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Venture capital investments are managed by Qifu Capital.
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Investor details for Wangcl
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Investments & Acquisitions by Wangcl
Investment portfolio details for Wangcl
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Financial Statements - Wangcl
Detailed financials for Wangcl
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Wangcl Comparisons
Peer comparison for Wangcl
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Competitors of Wangcl
Wangcl 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 Loho, Hawkers, Inmix, Polette and Bacodes, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Eyewear products are sold through online and offline channels.
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Sunglasses and accessories are provided by vertically integrated eyewear brand.
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An online private label brand specializing in eyewear.
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Online retailer specializing in private label eyewear products.
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Eyewear is retailed online and offline through Bacodes platform.
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Detailed competitors of Wangcl
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Latest news on Wangcl
Complete news archive for Wangcl
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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 current CEO of Wangcl. They have also founded this company.
Wangcl is a funded company, having raised a total of $23M across 2 funding rounds 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.