Shangby
VC Fund
Shanghai, China
Shangby is an innovative shopping service that allows Western shoppers to buy items from China, which are considerably cheaper than their counterparts in the United States. The firm, based in Austin, Texas and Shanghai, China, allows users to sign up for "shopping events", where through a live video feed, they can follow a Shangbyshopping guide through jewelry stores in Shanghai. One of the users, a "Shangbuyer", is picked by the site to lead the shopping excursion, and can direct the shopping guide and the video crew to zoom in on certain items and haggle for prices. These videos are posted on the site for all users to view, and all items examined by the Shangbuyer are available to purchase at the same price (Shangby employees return to stores to buy and ship the items). The site maintains an inventory of all items examined on shopping events.The basis of Shangby's appeal is the fact that items that are under $1000 in the US are normally 5 to 10 times cheaper in China, while items over $1000 are 2 to 5 times cheaper in China. The site only deals with reputable merchants that sell non-branded merchandise. Shangby collects a handling charge of 15% per purchase, and a shipping fee of $30 for every purchase under $400.
- Total investments:
- 1
- Last investment:
- Lead investor:
- 0%
Last updated:
For AI agents: llms.txt
Industries Shangby invests in
Stages Shangby invests in
Countries Shangby invests in
Investment Focus
Industry
- Health Care 1 (100%)
- Medical Device 1 (100%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
|
Tioga Medical, a privately held portfolio company of Shifamed LLC, is focused on providing elegant valve replacement solutions for mitral and tricuspid applications that are procedurally simpler and use a less invasive, transcatheter approach. | $14.6M / Series A / Apr 01, 2019 |
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FAQ
What does Shangby invest in?
Shangby invests primarily in Health Care and Medical Device startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
When did Shangby last invest?
The most recent investment recorded for Shangby closed in Apr 2019. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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