Letright Group Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Private

  • Employees
  • 2,318

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $13.9M

  • Investors
  • 2

Letright Group General Information

Description

Designer and producer of outdoor leisure products intended to offer integrated home development solutions. The company's range of product includes outdoor furniture, outdoor furniture, beach camping products and solar lights camping products, umbrellas and solar lights, providing customers with a one-stop solution for their outdoor furnishing requirements.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • No.169, Wuchang Avenue
  • Yuhang District
  • Hangzhou, Zhejiang 310023
  • China
+86 0571
Primary Industry
Home Furnishings
Other Industries
Recreational Goods
Vertical(s)
Corporate Office
  • No.169, Wuchang Avenue
  • Yuhang District
  • Hangzhou, Zhejiang 310023
  • China
+86 0571

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Letright Group Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 12-Jul-2023 $13.9M Completed Profitable
4. IPO 22-Mar-2018 Cancelled Profitable
3. Secondary Transaction - Private 31-Jul-2013 Completed Generating Revenue
2. Later Stage VC 24-Sep-2012 $3.17M $3.17M Completed Generating Revenue
1. Secondary Transaction - Private 15-Aug-2012 $3.15M Completed Generating Revenue
To view Letright Group’s complete valuation and funding history, request access »

Letright Group Patents

Letright Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2018100736-A4 Novel lifting table Inactive 01-Jun-2018
US-20160143445-A1 Rapidly assembled sofa Active 26-Nov-2014
US-9521909-B2 Rapidly assembled sofa Active 26-Nov-2014
US-D744687-S1 Lamp Active 18-Sep-2014
AU-2015100957-A4 Vertical column rotation locking structure Inactive 18-Jul-2014 A45B9/00
To view Letright Group’s complete patent history, request access »

Letright Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Letright Group Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
GF Qianhe Venture Capital Minority
Fosun Venture Capital Investment Corporate Venture Capital Minority
To view Letright Group’s complete investors history, request access »

Letright Group Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Grand Leisure Usa Fitchburg, WI 2013

Letright Group FAQs

  • When was Letright Group founded?

    Letright Group was founded in 1999.

  • Where is Letright Group headquartered?

    Letright Group is headquartered in Hangzhou, China.

  • What is the size of Letright Group?

    Letright Group has 2,318 total employees.

  • What industry is Letright Group in?

    Letright Group’s primary industry is Home Furnishings.

  • Is Letright Group a private or public company?

    Letright Group is a Private company.

  • What is Letright Group’s current revenue?

    The current revenue for Letright Group is .

  • How much funding has Letright Group raised over time?

    Letright Group has raised $17.1M.

  • Who are Letright Group’s investors?

    GF Qianhe and Fosun Venture Capital Investment have invested in Letright Group.

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