# Goopal Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goopal-group

- Industry: Software
- Headquarters: Beijing, China
- Website: www.goopal.com
- Total disclosed funding: $12M
- Latest round: Series A (Jun 5, 2018)
- Investors on record: 7

## About

Goopal Group is a blockchain technology company focused on creating innovative solutions, including public blockchain networks and digital currency systems, aimed at enhancing security and efficiency across various sectors.Founded in 2016 and headquartered in Beijing, China, Goopal Group specializes in blockchain technology development. The company raised USD 12.00 mn in Series A funding on June 5, 2018, from investors Legend Capital and SIG Asia Investment, marking a significant milestone in its growth strategy. The firm has completed a total of 2 deals, reflecting its active engagement in the blockchain sector.Goopal Group specializes in developing a diverse range of blockchain-based solutions aimed at creating a comprehensive ecosystem that harnesses the potential of blockchain technology. Their core offerings include public blockchain networks, blockchain forking and contract technologies, digital currency wallets, stable cryptocurrencies, and credit verification systems. These products are designed to address various real-world applications, enhancing user experiences in sectors such as finance, social networking, and digital asset management. By integrating blockchain technology with practical use cases, Goopal Group targets both individual consumers and businesses looking to leverage blockchain for efficiency and security. Their services are offered primarily in international markets, with a strategic emphasis on expanding to overseas regions.Goopal Group's revenue generation model is structured around strategic partnerships and investments in blockchain projects, facilitating both B2B and B2C transactions. The company has successfully completed multiple funding rounds, including Series A funding, cumulatively securing significant capital to support project development and market expansion. Their approach involves direct collaborations with companies and institutions to implement blockchain solutions, which may include subscription-based models for ongoing service usage or one-time licensing fees for specific technologies. The revenue structure is designed to accommodate a variety of clients, from startups to established enterprises, all aiming to implement blockchain applications that enhance operational capabilities. Key offerings within their portfolio, such as digital wallets and credit verification services, serve as critical components in their overall financial strategy.Goopal Group plans to launch new blockchain products aimed at enhancing user engagement and operational efficiency, although specific release dates have not been disclosed. The company is focused on expanding its presence in international markets, targeting regions such as Southeast Asia and Europe by 2022. The recent funding of USD 12.00 mn raised in June 2018 will be utilized to support these initiatives and drive future product development.

## Funding rounds

- Series A, Jun 5, 2018, $12M — Legend Capital, SIG Asia Investment
- Series A, Nov 3, 2017 — IDG Capital, Shenzhoufu.com, Gaorong Ventures, 9F Jinke Holding Group Co., Ltd., Guotai Haitong

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Shenzhoufu.com — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series A
- 9F Jinke Holding Group Co., Ltd. — Series A
- Guotai Haitong — Series A
- Legend Capital — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A