YCloset was a women clothing rental platform.
Business Model: B2C
Revenue: $0
Employees: 51-500
Address:
City: Beijing
State: Beijing
Zip:
Country: China
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2017 | Series B | 5 | $20M |
GSR Ventures IDG Capital Pan-Lin Capital ZhenFund Zhizhuo Capital GSR Ventures IDG Capital Pan-Lin Capital ZhenFund Zhizhuo Capital |
4/2016 | Series A | 4 | - |
Crystal Stream Capital GSR Ventures IDG Capital ZhenFund Crystal Stream Capital GSR Ventures IDG Capital ZhenFund |
9/2017 | Series C | 7 | $50M |
Alibaba Innovation Investment GSR Ventures IDG Capital SBCVC Sequoia Capital China ZhenFund Zhizhuo Capital Alibaba Innovation Investment GSR Ventures IDG Capital SBCVC Sequoia Capital China ZhenFund Zhizhuo Capital |
2/2016 | Venture Round | 1 | $152k |
ZhenFund ZhenFund |
9/2018 | Corporate Round | 1 | - |
Alibaba Group Alibaba Group |
9/2018 | Corporate Round | 1 | - |
Alibaba Group Alibaba Group |
4/2016 | Series A | 4 | - |
Crystal Stream Capital GSR Ventures IDG Capital ZhenFund Crystal Stream Capital GSR Ventures IDG Capital ZhenFund |
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Announced Date | Name | Price |
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