# Dadabus

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

- Industry: Transportation Services
- Headquarters: Shenzhen, China
- Website: www.dadabus.com
- Total disclosed funding: $38M
- Latest round: Series C (Jan 1, 2016)
- Investors on record: 3

## About

Dadabus is a technology company providing local information services in Hefei, enhancing community access to essential resources through a digital platform that connects residents with educational and transportation services.Founded in 2014 in Shenzhen, China, Dadabus specializes in digital local information services. The company has successfully raised a total of CNY 128 million through its most recent GROWTH funding round on February 2, 2016, led by Newchoice Pipe. Ruijin Zhou serves as the CEO of the company.Dadabus focuses on delivering community-oriented digital solutions in Hefei. Their platform offers vital information such as educational resources about local primary and secondary schools, updates on public transportation, and general community services. It caters primarily to residents, students, and parents, aiming to assist them in making informed decisions and addressing common community challenges.The revenue model is built around subscription services and collaborations with local institutions. Clients, which include educational organizations and transportation services, utilize the platform for visibility and access, subscribing for premium placements and marketing opportunities. The flagship service, providing local information, significantly contributes to the revenue stream by connecting users with essential local services and educational offerings.With the recent GROWTH funding of CNY 128 million raised in February 2016, Dadabus plans to enhance its platform with new features aimed at improving user experience. The company is also targeting an expansion into additional urban areas beyond Hefei, planning to launch these initiatives by 2018. The funding will support product development and the establishment of new partnerships to facilitate this regional growth.

## Funding rounds

- Series C, Jan 1, 2016 — NLVC
- Series B, Sep 29, 2015, $31M — NLVC, Jingqiao Capital
- Series A, May 18, 2015, $6M — NLVC
- Angel, Apr 1, 2015, $0.8M — TiSiWi

## Investors

- TiSiWi (https://capitalatlas.ai/funds/tisiwi) — Angel
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A, Series B, Series C
- Jingqiao Capital — Series B
