# ChingMi (Beijing) Technology Co.

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

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.chingmi.com
- Latest round: Series B (Feb 1, 2016)
- Investors on record: 4

## About

ChingMi (Beijing) Technology Co., Ltd. specializes in innovative digital solutions that enhance consumer engagement and streamline business operations across various industries.Founded in 2014, ChingMi (Beijing) Technology Co., Ltd. is based in Beijing, China, and focuses on delivering advanced software and applications. The company has completed 2 deals, with its most recent deal occurring on February 1, 2016, when it raised funding from Gaorong Capital and Y&R Capital. The founder's history details are currently unavailable.Chingmi's core offerings encompass innovative digital solutions designed to enhance consumer engagement and streamline business operations. The company focuses on developing advanced software and applications that cater to a diverse range of industries, including retail, finance, and entertainment. These products aim to solve critical issues such as inefficient customer interactions, data management challenges, and the need for seamless transaction processes. The software solutions enable businesses to better understand their customer base through data analytics and provide tailored experiences, thus improving overall client satisfaction. Chingmi serves a wide array of clients, including small to medium-sized enterprises and large corporations, primarily targeting markets in North America, Europe, and parts of Asia.Chingmi's revenue model is primarily structured around subscription-based services and B2B partnerships. The company engages in direct transactions with its clients by offering tiered subscription plans that allow businesses to customize their service usage according to their needs. Each subscription plan is designed to provide access to different features and levels of support, enabling clients to choose options that best fit their operational requirements. Additionally, Chingmi may engage in revenue-sharing partnerships with retailers and wholesalers, expanding its market reach and customer acquisition efforts. The flagship products, which contribute significantly to revenue generation, include proprietary software solutions that enhance operational efficiency and customer engagement for businesses in various sectors.ChingMi (Beijing) Technology Co., Ltd. is planning to introduce new products that enhance its software offerings, although specific product details and release dates are not disclosed. The company aims to expand into new markets, specifically targeting regions in North America and Europe by the end of 2025. The recent funding raised in February 2016 will support these initiatives, aiding in the development of new products and enhancing market penetration strategies.

## Funding rounds

- Series B, Feb 1, 2016 — Gaorong Ventures, Y&R Capital
- Series A, Mar 31, 2015 — Shunwei Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A
- Xiaomi Group — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series B
- Y&R Capital (https://capitalatlas.ai/funds/y-r-capital) — Series B
