# ivglass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ivglass

- Industry: Hardware
- Headquarters: Shanghai, China
- Website: www.ivglass.com
- Latest round: Series A (Jan 15, 2016)
- Investors on record: 1

## About

ivglass is a specialized company in automotive electronic products, focusing on batteries and maintenance tools designed for vehicle care and performance enhancement.ivglass operates within the automotive electronics sector, providing essential products for vehicle maintenance. The firm is headquartered in Shanghai, China. The CEO and founder, Li Sun, has successfully led the company since its inception. The company raised Series A financing from Lang Ma Feng VC on January 15, 2016, marking its first known funding round.ivglass specializes in automotive electronic products and accessories, notably car batteries, maintenance products, cleaning supplies, and modification tools tailored for automotive care. Their diverse customer base includes individual vehicle owners and automotive service providers across mainland China, including regions such as Zhejiang, Hubei, and Shanghai, focusing on reliable products for maintenance and repairs.The company generates revenue primarily through direct sales to consumers and B2B partnerships, where automotive service providers purchase products for resale. Transactions are facilitated through point-of-sale methods, often enhanced by promotional pricing strategies, such as discounts for bulk purchases. This structured pricing model ensures competitive rates for their flagship products, appealing to both retail clients and service professionals in the automotive industry.ivglass plans to expand its product line with new automotive electronic offerings, targeting a launch date in late 2023. The company aims to penetrate additional markets in Southeast Asia by 2024, leveraging funds from their Series A financing to support these initiatives. The recent funding will also bolster marketing efforts to establish a stronger presence in these new regions.

## Funding rounds

- Series A, Jan 15, 2016 — Everest VC

## Investors

- Everest VC (https://capitalatlas.ai/funds/everest-vc) — Series A