# Ule > Ule is a VC fund in Shanghai backing Retail, Banking and FinTech. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026. - Type: VC Fund - Location: Shanghai, China - Total investments: 2 - Last investment: Jan 2015 - Lead investor: 0% - Last updated: Aug 2026 - Website: http://ule.com Ule is a VC fund in Shanghai focused on Retail and Banking. Ule.com (邮乐网) is a joint venture established by China Post and Hong Kong TOM Conglomerate, and it is an e-commerce platform mainly focusing on the online-to-offline model. It mainly offers branded garments, luggage, shoes and hats, personal care products, daily home products, healthy food, maternity & baby products, digital home appliances andso on. Ule.com also offers various ordering services. The online ordering services include placing orders via internet and mobile phones while the offline ordering services include ordering from mailed catalogues, ordering at sales agencies, ordering by calling 11185 to get a door-to-door service, placing orders by the customer service manager, and more.Founded in 2009, Ule.com received 110 million dollars fund in 2014, the value of which may reach 830 million yuan. ## Contacts 5 contacts available for Ule. Shizune tracks 2 team members at Ule. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ule?utm_source=investor_profile ## Round sizes | Stage | Round size | | --- | --- | | Series A | $7M–$20M | ## Investment focus ### Industry | Industry | Investments | Share | | --- | --- | --- | | Retail | 1 | 50% | | Banking | 1 | 50% | | FinTech | 1 | 50% | | Finance | 1 | 50% | | Big Data | 1 | 50% | 13 industries tracked in total. ### Country | Country | Investments | Share | | --- | --- | --- | | Canada | 1 | 50% | | Hong Kong | 1 | 50% | ## Team | Name | Title | Investments | Profile | | --- | --- | --- | --- | | Chen Qing | Founder, Chairman & CEO | 0 | https://shizune.co/investors/profile/chen-qing | | Guoxiong Yang | Founder | 0 | https://shizune.co/investors/profile/guoxiong-yang | ## Investments | Company | Description | Amount | Stage | Date | Website | | --- | --- | --- | --- | --- | --- | | Rubikloud | Large scale enterprise software is going through a 10-year disruption. AI will be embedded into every major business process and piece of enterprise software. Based in Toronto, Canada, our full stack, cloud-native machine learning platform and two flagship AI applications (Promotion Manager & Customer LifeCycle Manager) automate and improvemass promotional planning and loyalty driven marketing for our multi-billion dollar retailers.We believe that making intelligent decisions can be made easier with AI and today we have multi-billion-dollar clients with retail brands operating in North America, Europe, and Asia. | $7M | Series A | Jan 19, 2015 | | | WeLab | WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab alsooffers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers. | $20M | Series A | Jan 08, 2015 | | 2 of 2 investments shown. ## Co-investors - [Access Industries](https://shizune.co/investors/profile/access-industries) — VC Fund, 2 deals together - [TOM Group Limited](https://shizune.co/investors/profile/tom-group) — VC Fund, 2 deals together - [Horizons Ventures](https://shizune.co/investors/profile/horizons-ventures) — VC Fund, 1 deal together - [ICONIQ Capital](https://shizune.co/investors/profile/iconiq-capital) — VC Fund, 1 deal together - [Palm Drive Capital](https://shizune.co/investors/profile/palm-drivecapital) — VC Fund, 1 deal together - [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund, 1 deal together ## Similar investors ### Similar industry - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund - [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund ### Similar stage - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund - [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund ### Similar country - [Alibaba Entrepreneurs Fund](https://shizune.co/investors/profile/alibaba-entrepreneurs-fund) — VC Fund - [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund - [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund ## Featured in investor lists - [Finance VC Funds in Hong Kong](https://shizune.co/investors/finance-vc-funds-hong-kong) - [Finance Investors in Hong Kong](https://shizune.co/investors/finance-investors-hong-kong) ## FAQ ### What does Ule invest in? Ule invests primarily in Retail, Banking and FinTech startups, most often at Series A stage. Most of the 2 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio. ### What is Ule's check size? Ule typically joins rounds of $7M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ule participates in. ### How do I contact Ule? Public channels for Ule include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox. ### Who are the partners at Ule? The team at Ule includes Chen Qing (Founder, Chairman & CEO) and Guoxiong Yang (Founder). The Team section lists each member with their title, investment count and links. ### 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. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co