# One Hour Mobile Phone Service Chain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/one-hour-mobile-phone-service-chain

- Industry: Consumer Services
- Headquarters: Guangzhou, China
- Website: www.01hour.com
- Total disclosed funding: $19M
- Latest round: Series B (Jan 8, 2024)
- Investors on record: 6

## About

Based in Guangzhou, China, and founded in 2014, One Hour Mobile Phone Service Chain operates as a cell phone repair service chain organization dedicated to providing intelligent terminal after-sales service platform. The company has established more than 2,000 repair stores and over 80,000 SaaS system cooperative stores. In 2017, it acquired National High-Tech Enterprise Certification. In January 2014, One Hour Mobile Phone Service Chain raised more than CNY 100 million in series B+ funding.

The company has developed the Xiao Ai Intelligent Store Manager, a store operation platform. The SaaS system is committed to helping offline stores realize digital upgrading, reduce operating costs, improve work efficiency, and establish a chain of offline distribution networks. One Hour Mobile Phone Service Chain also launched a B2B procurement platform for cell phone spare parts and a cell phone repair training website.

The company plans to upgrade its SaaS system and fully automated shell film equipment technology, expand its stores and expand its new energy automotive aftermarket business.

## Funding rounds

- Series B, Jan 8, 2024, $14M — Joincap Holding Group, Ruihe Investment, Guangzhou Gazelle Private Equity Fund Management
- Series B, Apr 22, 2021 — GF Xinde Investment, Midas Capital, Aotou Capital
- Series A, Feb 13, 2018, $4.7M — GF Xinde Investment

## Investors

- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series A, Series B
- Midas Capital — Series B
- Aotou Capital — Series B
- Joincap Holding Group (https://capitalatlas.ai/funds/joincap-holding-group) — Series B
- Ruihe Investment (https://capitalatlas.ai/funds/ruihe-investment) — Series B
- Guangzhou Gazelle Private Equity Fund Management — Series B