# Letus

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

- Industry: Retail
- Headquarters: Hefei, China
- Website: www.letus.com.cn
- Total disclosed funding: $74M
- Latest round: Series B (Jul 22, 2019)
- Investors on record: 6

## About

Established in 2012 and headquartered in Hefei, China, Letus operates as brand that focuses on fresh products. It was incubated by Anhui Lecheng Investment Co.,Ltd. The company has received investment from Sequoia Capital, IDG Capital, Harvest Capital and other institutions.

The company The company mainly provides fresh products and kitchen supplies by opening chain stores in the community. In addition, the company also carries out online pre-sales of products, self-pickup, and home delivery services through small programs, third-party platforms, and WeChat groups.

## Funding rounds

- Series B, Jul 22, 2019 — Harvest Investments
- Series B, Oct 10, 2018, $44M — Hong Shan, IDG Capital, BA Capital, Kaiheng Capital, Xingxiangwan Capital
- Series A, Nov 22, 2017, $30M — Hong Shan

## Investors

- Hong Shan — Series A, Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B
- BA Capital (https://capitalatlas.ai/funds/ba-capital) — Series B
- Kaiheng Capital (https://capitalatlas.ai/funds/kaiheng-capital) — Series B
- Xingxiangwan Capital — Series B
- Harvest Investments (https://capitalatlas.ai/funds/harvest-investments) — Series B