Beijing Weichuangyi Technology Ltd

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Beijing Weichuangyi Technology Ltd - overview

Established

2015

Location

Beijing, Beijing, China

Primary Industry

Internet

About

Beijing Weichuangyi Technology Ltd is a technology firm that develops innovative solutions to enhance operational efficiency for clients in various sectors, including both public and private industries. Beijing Weichuangyi Technology Ltd, founded in 2015 in Beijing, China, focuses on providing technological solutions tailored to industry challenges. The company has undergone no known pivots in business strategy. It has engaged in 1 deal, with the most recent deal occurring on December 2, 2016, when it raised an undisclosed amount of Angel financing from VC Spark.


The company’s core product offerings center around innovative solutions designed to address specific challenges within their industry. These products are tailored to streamline processes, enhance efficiency, and provide robust support to their clientele, which includes a diverse range of end users from both the public and private sectors. Their flagship service, introduced in 2020, has gained recognition for its effectiveness in optimizing operational workflows, making it particularly sought after by large enterprises and mid-market companies. The geographical markets served by the company extend beyond their home country, with significant demand noted in North America and Europe, where they have established a substantial customer base comprising both direct clients and industry partners.


The company generates revenue through a structured mix of subscription models and direct sales to consumers. Clients typically engage in annual contracts for flagship services, ensuring a steady stream of income while also allowing for scalability based on customer needs. For instance, organizations often enter into agreements to access premium features of the service, which fosters long-term partnerships and enhances customer loyalty. Revenue is further supplemented through strategic collaborations with retailers and wholesalers, facilitating a broader distribution of their products.


The pricing plans are designed to accommodate various customer segments, ensuring that both small businesses and larger corporations can access and utilize their services effectively. Beijing Weichuangyi Technology Ltd plans to launch several new products in the coming year aimed at enhancing service offerings and operational efficiencies. The company is targeting expansion into North America and Europe by the end of 2024 to capture a broader market share. The recent Angel financing round in December 2016 will be utilized to support these initiatives, aiding in product development and market entry strategies.


Current Investors

VCSpark Investment Management (Shanghai)

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.littleplanet.me

Verticals

Social Media

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Beijing Weichuangyi Technology Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
AngelCompletedBeijing Weichuangyi Technology Ltd-

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