# JR1.CN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jr1-cn

- Industry: Financial Services
- Headquarters: Beijing, China
- Total disclosed funding: $1.6M
- Latest round: Series A (Jan 13, 2015)
- Investors on record: 4

## About

Founded in 2013 and based in Beijing, China, JR1.CN operates as a financial services company that focuses on the operation and management of Internet financial platforms. Yuquan Wang, the founder of the company, graduated from Tsinghua University and has ten years of experience in the financial industry. The company has closed 4 rounds of funding by 2015, and its investors include Innovation Angel Funds, Tsinghua Capital, Tianyu Digital Technology (Dalian) Group, etc. In November 2015, JR1.CN raised a series B funding for CNY 51 million from new investor Yihua Timber. As of June 2017, the cumulative number of registered users has exceeded 300,000, and the transaction volume has exceeded CNY 670 million. 

The company has an Internet financial platform, JR1.CN. It provides individuals and small and medium-sized enterprises with financial products and information integration services, including asset management, financing services, and financial information services. It successively launched PP Bao, MM Plan, Daily Wealth Management, Open Borrowing, Cultural Investment, and other featured products and services.

The company generates revenue by providing Internet financial platforms and related products and services.

## Funding rounds

- Series A, Jan 13, 2015 — Nuts Ventures, Tsinghua Capital, Innoangel Fund
- Angel, Apr 13, 2014, $1.6M — Neusoft Venture Capital

## Investors

- Neusoft Venture Capital (https://capitalatlas.ai/funds/neusoft-venture-capital) — Angel
- Nuts Ventures (https://capitalatlas.ai/funds/nuts-ventures) — Series A
- Tsinghua Capital — Series A
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Series A