# 58 Daojia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/58-daojia

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.58daojia.com
- Total disclosed funding: $300M
- Latest round: Series A (Oct 16, 2015)
- Investors on record: 3

## About

58 Daojia Inc. operates an on-demand home services platform in China, providing tailored domestic assistance that includes housekeeping, childcare, and meal preparation, aimed at enhancing the quality of life for families.Founded in 2014 and headquartered in Beijing, China, 58 Daojia Inc. is dedicated to offering comprehensive home services. The company raised USD 300 mn in its Series A funding round in October 2015, attracting investments from Alibaba Group, KKR, and Ping An Trust, bringing its total amount raised to USD 300 mn and its current valuation to USD 1,000 mn.58 Daojia Inc. specializes in delivering a range of home services, including professional housekeeping, confinement nannies, and childcare. The company focuses on improving home environments with expert culinary services tailored for expectant mothers and infants, ensuring nutritious meal preparation, alongside efficient cleaning services to revitalize living spaces. Primarily serving families in urban areas of Greater China, their services cater to the growing demand for domestic assistance in busy metropolitan regions.Revenue for 58 Daojia Inc. is generated through direct consumer services, with clients engaging the company on a per-service basis. The pricing structure varies by service type, such as housekeeping or childcare, allowing for immediate transaction completion post-service delivery. This model promotes flexibility in service usage and fosters direct relationships with families, tailoring offerings to meet specific household needs.The funds from the Series A financing round in October 2015, amounting to USD 300 mn, are expected to be utilized for expanding 58 Daojia's service offerings and enhancing operational capabilities. The company aims to launch new products that cater to additional home service needs, while also targeting expansion into new markets within Greater China and potentially beyond by leveraging their established presence in metropolitan areas. Specific market expansion details and timelines have yet to be disclosed.

## Funding rounds

- Series A, Oct 16, 2015, $300M — KKR, Ping An Trust, Alibaba Group

## Investors

- KKR (https://capitalatlas.ai/funds/kkr) — Series A
- Ping An Trust — Series A
- Alibaba Group — Series A