When was SnowPlus founded?

SnowPlus was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is SnowPlus located?

SnowPlus is headquartered in Beijing, China.

How many employees does SnowPlus have?

As of May 31, 2026, the latest employee count at SnowPlus is 53.

Is SnowPlus a funded company?

SnowPlus is a funded company, having raised a total of $165M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 20, 2019.

When was the latest funding round of SnowPlus?

SnowPlus' latest funding was a $***** Series B round on Mar 12, 2020, with participation from 0 investor.

Where does SnowPlus rank among its competitors?

SnowPlus ranks 1st amongst 25 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SnowPlus, which secured $125M in Mar, 2020.

Who are the top competitors of SnowPlus?

SnowPlus' top competitors include GeekVape, HOPO and Sigelei. Among them, SnowPlus secured the most recent funding round in March, 2020.

SnowPlus - 2026 Company Profile, Team, Funding & Competitors

Company Details

SnowPlus is an internet-first brand offering vape products. The product catalog includes e-cigarettes, pods, starter kit, smokeless pods, coffee pods & more.

Website: www.snowplustech.com/
Email ID: *****@snowplustech.com

Key Metrics

Founded Year

2019

Location

Beijing, China

Stage

Series B

Total Funding

$165M in 2 rounds

Latest Funding Round

Series B, Mar 12, 2020, $*****

Investors

Zhen Fund & 2 more

Ranked

1^st among 25 active competitors

Employee Count

53 as on May 31, 2026

Similar Companies

GeekVape & 155 more

View SnowPlus' full profile

SnowPlus has raised a total funding of $165M over 2 rounds. Its first funding round was on Jun 20, 2019. SnowPlus has 3 institutional investors.

Here is the list of recent funding rounds of SnowPlus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2020	2223425	Series B	2008502	2397764	8944932	8465336
Jun 20, 2019	5411272	Series A	8738497	8035775	Sequoia Capital China & 1 more	6550634

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View details of SnowPlus's funding rounds and investors

The founders of SnowPlus are Tiancheng Li and Derek Li.

Here are the details of SnowPlus' key team members:

Tiancheng Li: Co-Founder of SnowPlus.
Derek Li: Co-Founder of SnowPlus.

View details of SnowPlus's Founder profiles and Board Members

SnowPlus' employee count trend

SnowPlus has 53 employees as of May 26. Here is SnowPlus's employee count trend over the years:

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Top competitors of SnowPlus include GeekVape, HOPO and Sigelei. Here is the list of Top 10 competitors of SnowPlus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SnowPlus 2019, Beijing (China), Series B	Internet-first brand offering vape products	$165M	Level One Fund, Zhen Fund & 1 others	47/100
2nd	GeekVape 2015, Shenzhen (China), Unfunded	Manufacturer of vaping devices, pod systems, tanks, coils, and accessories	-	-	46/100
3rd	HOPO 2018, Shenzhen (China), Series A	Private label brand of vaping products	$1.45M	-	29/100
4th	Sigelei 2011, Dongguan (China), Unfunded	Internet first brand offering vaping products	-	-	29/100
5th	Yihisxmini 2010, Dongguan (China), Unfunded	Manufacturer of vaping devices, accessories, and related technology products	-	-	26/100
6th	FLOWCLUB 2009, Beijing (China), Deadpooled	Internet-first brand of vape products	$10.9M	Matrix Partners China, Jager Capital	26/100
7th	Lookah 2014, China, Unfunded	Retailer of vaporizers, glass bongs, dab rigs, and smoking accessories	-	-	25/100
8th	Smiss 2015, Shenzhen (China), Unfunded	Internet first brand offering vape products	-	-	24/100
9th	Suorin 2016, Shenzhen (China), Unfunded	Online brand offering vaping products	-	-	24/100
10th	Leaf Buddi 2017, Shenzhen (China), Unfunded	Internet-first brand of vape products	-	-	25/100