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Letao

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Japanese confectionery brand specializing in premium cheesecakes

Haidian, ChinaFounded 2008
Valuation $100–250M Last recorded · 2011
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Letao and the history behind them.

About Letao

LeTAO is a Japanese confectionery company established in June 1998 in Otaru, Hokkaido. The founder, Mr. Kawagoe, envisioned making Otaru a home for Western-inspired Japanese desserts. The name "LeTAO" is an acronym for "La Tour Amitié Otaru," which translates to "The Amiable Tower of Otaru," the name given to the company's first bakery opened in a majestic tower. The company originally started as a chocolate manufacturer before gaining widespread recognition for its cheesecakes.

The business operates through physical stores, department stores, cafes across Japan, and a growing e-commerce presence that serves an international market. LeTAO has expanded globally with locations in various countries, including Canada and Australia, and across Asia. The company's business model is centered on producing high-quality sweets using premium ingredients sourced from locations like Hokkaido, Italy, and Australia. A key innovation is its freezing technology, which allows for the extended storage and shipping of its products without compromising quality, facilitating its global expansion.

LeTAO's signature product is the Double Fromage cheesecake, a two-layer cake that has achieved massive popularity, with over 25 million units sold globally. The top layer is made with Hokkaido cream cheese, and the bottom layer features Italian mascarpone. Besides its famous cheesecake, the company offers a wide range of products including other cakes, chocolates like the Thé Noir, cookies, and beverages. The brand focuses on a direct-to-consumer model through its stores and online platform, engaging with customers through reviews and social media to improve products and drive sales.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Haidian, China
Open positions
None listed
Dealroom signal
18.7/100
Client focus
b2c
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Jan 2012 — — Ceyuan Ventures —
SERIES D✓Equity / VC Jan 2011 $30M $120M Ceyuan Ventures · Detong Capital · Tiger Fund —
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Growth signals

Letao website traffic

Latest recorded traffic for Letao is 260 monthly website visits, up 73.3% over the last three months.

Latest monthly visits260 3-month web change+73.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Ceyuan Ventures

Series A2 investors entered at this stage

  • Tiger Fund
  • Detong Capital
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Haidian HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Letao on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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