# Beijing Cheweiguanjia Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-cheweiguanjia-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.cheweiguanjia.com
- Latest round: Series B (Jan 22, 2019)
- Investors on record: 1

## About

Beijing Cheweiguanjia Technology Co., Ltd. specializes in intelligent parking management solutions, enhancing efficiency and user experience through innovative technology applications in parking facilities.Founded in 2015 in Beijing, China, Beijing Cheweiguanjia Technology Co., Ltd. focuses on intelligent parking management solutions. The company has engaged in 4 deals, with its most recent deal occurring on January 22, 2019, during a SERIES A funding round where it raised CNY 100.000 mn from QianbaoCard. CEO Donghua Zhao leads the company, contributing to its strategic direction.Beijing Cheweiguanjia Technology Co., Ltd. specializes in intelligent parking management solutions, primarily offering a suite of products designed to enhance the efficiency and user experience of parking facilities. Their core offerings include automated payment systems, AI-driven parking guidance, and cloud-based operational support for parking lots. The company serves a diverse client base across more than 40 cities in China, including major urban centers such as Beijing, Fuzhou, and Hefei, catering to various end users such as commercial complexes, hospitals, and residential communities. Their solutions have been successfully implemented in over 10,000 parking facilities, demonstrating their capability to streamline operations and improve service levels through technology.Revenue generation for Beijing Cheweiguanjia primarily stems from service contracts and technology deployment agreements with clients in the parking management sector. The company engages in B2B transactions, partnering with commercial property owners and management firms to deploy their intelligent parking solutions, which may include subscription services for ongoing system support and maintenance. Clients typically subscribe to their services on an annual basis, allowing for continuous access to the latest software updates and technological enhancements. Flagship services include the integration of AI parking guidance systems and automated payment processing, which help clients optimize parking revenue while ensuring a smoother experience for end users. As a result, clients benefit from increased efficiency and revenue growth, exemplified by the significant increases in parking fees and reductions in personnel costs reported by users of their systems, such as hospitals and retail complexes.Beijing Cheweiguanjia Technology Co., Ltd. aims to continue developing innovative parking management solutions and plans to expand its offerings with new products designed for enhanced user experiences in the coming year. The company is also targeting expansion into additional markets across Asia, with a focus on establishing a presence in Southeast Asia by 2025. The recent SERIES A funding of CNY 100.000 mn will be utilized to support these initiatives, including product development and market entry strategies.

## Funding rounds

- Series B, Jan 22, 2019 — Huadao Investment Management (Xuzhou)

## Investors

- Huadao Investment Management (Xuzhou) (https://capitalatlas.ai/funds/huadao-investment-management-xuzhou) — Series B