ICY
Latest round
- Series B
Last raised
- Apr 2020
Total raised
- Undisclosed
Investors
- 2
About ICY
Based in Shanghai, China and established in 2015, ICY is a designer collective e-commerce platform. has distinguished itself by leveraging a crowd-sourcing model for designers, an intelligent and flexible supply chain, and a KOL community to provide high cost-performance designer brand clothing to young urban white-collar workers aged 25-35 in first and second-tier cities. The company has achieved a GMV of over CNY 150 million within just one and a half years of its establishment, with an annual growth exceeding 300%. The company focuses on providing a platform for independent designers to showcase and sell their work. The company's services include a smart buyer system for sample selection and evaluation, supply chain support, and an intelligent restocking system that predicts production and restocking quantities with an accuracy rate of 80%. ICY's flexible supply chain production method meets the demand for rapid new product launches. The company has signed contracts with around 400 independent designers and plans to deeply incubate 100 designers to help establish their independent brands. The company generates revenue by selling designer clothing and providing a comprehensive platform for independent designers to bring their designs to market, including production support, sales channels, and marketing services.
Who invested in ICY
2 investors across 2 rounds
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Questions about ICY
Who invested in ICY?
ICY has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ICY raised?
ICY has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ICY last raise money?
ICY's most recent round on record is a Series B, in Apr 2020.
What does ICY do?
Based in Shanghai, China and established in 2015, ICY is a designer collective e-commerce platform.
Where is ICY headquartered?
ICY is headquartered in Shanghai, China.
Which VCs invest in companies like ICY?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at ICY's stage. Their profiles are linked below.
VCs backing consumer products startups at Series B
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