# For dear me

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/for-dear-me

- Industry: Retail
- Headquarters: Hangzhou, China
- Website: www.fordearme.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Aug 10, 2018)
- Investors on record: 2

## About

For dear me develops digital communication tools aimed at enhancing customer engagement and streamlining communication for diverse businesses. The company focuses on improving operational efficiency and customer experience in various sectors.Founded in 2016 by Sibei Chen, For dear me operates from its headquarters in Hangzhou, China. The company specializes in digital communication solutions for businesses, having successfully completed three deals to date. The most recent funding round occurred on August 10, 2018, when it raised CNY 10 million in a Series A round led by Kaitai Capital. Sibei Chen is also the CEO of the company.For dear me specializes in innovative products designed to enhance customer engagement and streamline communication within various industries. The company's core offerings include a suite of digital communication tools that facilitate real-time interactions, providing users with the ability to connect easily and efficiently. These products are primarily aimed at businesses seeking to improve customer experience, enhance operational efficiencies, and drive engagement across multiple touchpoints. Targeting sectors such as retail, hospitality, and customer service, For dear me caters to a diverse clientele that includes small to medium-sized enterprises as well as larger corporations. The company has successfully established its presence in North America, Europe, and select markets in Asia, focusing on delivering solutions that meet the unique challenges faced by businesses in these regions.For dear me generates revenue through a combination of subscription-based services and partnership agreements with various enterprises. Clients typically enter into contracts that provide access to the company's communication tools, allowing them to customize their user experience based on specific needs. The revenue model is structured around tiered pricing plans that correspond to the scale of usage and the number of features utilized, ensuring flexibility for a range of business types. Flagship products are sold directly to consumers and businesses alike, reinforcing For dear me’s commitment to enhancing communication strategies across its client base. The established transactional framework fosters ongoing relationships, enabling continuous support and updates, which further solidifies customer loyalty and retention.For dear me plans to leverage its recent funding of CNY 10 million from the Series A round to further develop new communication products aimed at enhancing user engagement. The company is targeting expansion into new markets in Asia and Europe by 2023, aiming to tap into growing demand for digital communication tools. This strategic use of funding will facilitate product design and marketing initiatives, ensuring the company can effectively meet the unique needs of businesses in these regions.

## Funding rounds

- Series A, Aug 10, 2018, $1.5M — Kaitai Capital
- Angel, Jul 27, 2017 — Capital Nuts

## Investors

- Capital Nuts (https://capitalatlas.ai/funds/capital-nuts) — Angel
- Kaitai Capital (https://capitalatlas.ai/funds/kaitai-capital) — Series A
