# Baletu.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baletu-com

- Industry: Consumer Services
- Headquarters: Shanghai, China
- Website: www.baletoo.com
- Total disclosed funding: $47M
- Latest round: Series C (May 10, 2018)
- Investors on record: 4

## About

Founded in 2014 and based in Shanghai, China, Baletu.com operates an online platform that allows users to search and rent rooms. There are more than 300 in the company, and the company has established branch offices in Beijing, Hangzhou, and Shenzhen. In May 2018, Baletu.com raised CNY 300 million in series C funding led by new investor Tiantu Capital, with participation from other new investors DCM, Nan Fung Group and returning investor ZWC Ventures.

The platform developed by the company provides tenants and landlords with a full chain of services such as rental information matching, viewing and transaction services, scenario finance and management software. Baletu.com also provides SaaS tools for landlords to manage their day-to-day operations, including reservations, deposits, sign-ups, rent collection, and utility payments. The company currently covers 14 cities including Shanghai, Beijing, Shenzhen, Hangzhou and Guangzhou, with a total of nearly 3 million properties.

## Funding rounds

- Series C, May 10, 2018, $47M — DCM, Tiantu Capital, ZWC Ventures, Nan Fung Group
- Series A, Dec 1, 2015 — ZWC Ventures

## Investors

- ZWC Ventures (https://capitalatlas.ai/funds/zwc-ventures) — Series A, Series C
- DCM (https://capitalatlas.ai/funds/dcm) — Series C
- Tiantu Capital (https://capitalatlas.ai/funds/tiantu-capital) — Series C
- Nan Fung Group — Series C