# Ougong International Group

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

- Industry: Retail
- Headquarters: Dongguan, China
- Website: www.ogong.net
- Total disclosed funding: $4.4M
- Latest round: Series A (Aug 10, 2018)
- Investors on record: 2

## About

Ougong International Group operates as a specialized provider of graphical content and numerological insights, targeting markets involved in gaming and lottery activities across Asia.Founded in 2013 in Dongguan, China, Ougong International Group focuses on delivering graphical content and insights into numerology for gaming and lottery purposes. The company raised CNY 30 million in Series A funding from Galaxy Ventures in August 2018, marking its second deal. The founder's previous ventures are not documented, and there are no mentions of subsidiaries or parent companies.Guangdong Ougong Technology Co., Ltd. specializes in a variety of products predominantly focused on color and black-and-white graphical content, offering resources such as a comprehensive color?? (color library) and ???? (black-and-white library). The company also engages in providing unique historical records and insights into numerology, particularly related to gaming and lottery predictions, with statements like "???????,???????" indicating specific animal sign forecasts linked to financial success. Their end users include individuals participating in gaming and lottery activities, as well as businesses within the entertainment and gambling sectors. These products are primarily utilized in markets where gaming culture is prevalent, such as Macau and other regions in Asia where such numerological insights are valued.The revenue model of Guangdong Ougong Technology Co., Ltd. appears to be structured around direct sales of their graphical content and numerological products to consumers and businesses involved in gaming. Transactions occur through a combination of one-time purchases and possible subscription services for ongoing access to their extensive?? offerings. This structure enables a flexible pricing strategy, catering to both individual users and larger organizations in the gambling industry. The nature of these transactions suggests a direct-to-consumer approach, where customers may purchase specific graphical assets or access historical data on demand, enhancing their engagement with the company's offerings.Ougong International Group plans to leverage its recent Series A funding of CNY 30 million to expand its product offerings, focusing on new graphical content and numerological services tailored for emerging markets. The company aims to penetrate additional Asian markets by 2025, enhancing its presence in regions with growing gaming activities. Recent funding will support these initiatives, allowing for increased product development and market outreach.

## Funding rounds

- Series A, Aug 10, 2018, $4.4M — Galaxy Ventures
- Series A, Jul 3, 2015 — Fortune Capital

## Investors

- Fortune Capital — Series A
- Galaxy Ventures — Series A