# Cai88

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cai88

- Industry: Internet
- Headquarters: Guangzhou, China
- Latest round: Series B (Mar 27, 2015)
- Investors on record: 5

## About

Established in 2012 and based in Guangzhou, China, Cai88 operates a lottery website that provides lottery information and purchase services.

The company’s main business is to operate the Cai88 Lottery Net platform, which offers real-time score live broadcasts, recharge services, and a variety of lottery products for purchase.

The company generates revenue by providing online lottery transaction services, which include charging a commission on each lottery purchase made through its platform.

## Funding rounds

- Series B, Mar 27, 2015 — GF Xinde Investment
- Series A, Aug 26, 2014 — China Merchants Capital, Yiyi Angel, Sinvo Capital
- Angel, Nov 25, 2013 — CDF-Capital

## Investors

- CDF-Capital (https://capitalatlas.ai/funds/cdf-capital) — Angel
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- Yiyi Angel — Series A
- Sinvo Capital (https://capitalatlas.ai/funds/sinvo-capital) — Series A
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series B