# 5LMeet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/5lmeet

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.5lmeet.com
- Total disclosed funding: $75M
- Latest round: Series A (Oct 11, 2016)
- Investors on record: 13

## About

5LMeet is a technology company that provides innovative solutions to enhance operational efficiency across multiple industries, including logistics, healthcare, and manufacturing.Founded in 2015 and headquartered in Beijing, China, 5LMeet focuses on developing advanced technology platforms. The company has successfully completed a total of 5 deals, with the most recent funding event taking place on May 21, 2018. During this Series B round, 5LMeet raised CNY 200 million from Shanshui Venture and another undisclosed investor, bringing the total amount raised to CNY 200 million. The CEO of the company is Daqing Mao, who has a strong background in entrepreneurial ventures.5LMeet specializes in a variety of innovative solutions tailored to meet specific needs within its target markets. Their primary offerings include advanced technology platforms designed to streamline operations for businesses across sectors such as logistics, healthcare, and manufacturing. These solutions aim to improve productivity with user-friendly interfaces and robust functionalities, serving a diverse clientele that encompasses small businesses, large enterprises, and government agencies. The company has established its presence in North America, Europe, and parts of Asia, delivering customized services that cater to regional demands.5LMeet generates revenue through a structured model that includes subscription-based services and direct partnerships with other businesses. Clients typically engage through multi-year contracts detailing specific service levels and pricing. The flagship products are provided on a tiered subscription model, allowing clients to select plans based on their operational needs and user access. This scalable approach supports both small-scale operations and larger enterprises, with revenue further enhanced through strategic partnerships with retailers and wholesalers to broaden distribution in targeted markets.5LMeet is actively designing new products to launch, although specific release dates have not been disclosed. The company plans to expand into new geographic regions, targeting additional markets in Asia and Europe by 2025. The recent funding of CNY 200 million raised in May 2018 will be pivotal in supporting these initiatives, enabling the company to enhance product development and facilitate market expansion.

## Funding rounds

- Series A, Oct 11, 2016, $60M — NLVC, Xinyuan Real Estate Co., Ltd., Huagai Capital, Shengjing 360 Group, Gaorong Ventures, Beijing Jinyun Electrical Installation Co., Ltd., Junzi Capital, Sunlay Design, Gopher Asset Management
- Angel, Apr 19, 2016, $15M — Hong Shan, ChinaEquity Group, ZhenFund, Leading The Trend Investment, Junzi Capital

## Investors

- Hong Shan — Angel
- ChinaEquity Group (https://capitalatlas.ai/funds/chinaequity-group) — Angel
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel
- Leading The Trend Investment (https://capitalatlas.ai/funds/leading-the-trend-investment) — Angel
- Junzi Capital (https://capitalatlas.ai/funds/junzi-capital) — Angel, Series A
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- Xinyuan Real Estate Co., Ltd. — Series A
- Huagai Capital (https://capitalatlas.ai/funds/huagai-capital) — Series A
- Shengjing 360 Group — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series A
- Beijing Jinyun Electrical Installation Co., Ltd. — Series A
- Sunlay Design — Series A
- Gopher Asset Management (https://capitalatlas.ai/funds/gopher-asset-management) — Series A