# Qinbaobao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qinbaobao

- Industry: Internet
- Headquarters: Hangzhou, China
- Website: www.qbb6.com
- Total disclosed funding: $44M
- Latest round: Series D (Jan 6, 2021)
- Investors on record: 6

## About

Qinbaobao is a digital platform that provides innovative parenting solutions aimed at modern families, facilitating growth tracking and expert advice while fostering community engagement among parents.Founded in 2013 in Hangzhou, China, Qinbaobao specializes in offering a digital platform for parenting solutions. The company was founded by Peihua Feng, who has a track record in developing consumer-focused technology services. In January 2021, Qinbaobao raised RMB 250 million in Series D funding from Fortune Capital and Shenzhen Capital Group, bringing the total amount raised to RMB 250 million. The company has successfully completed five deals as of 2021.??? is a leading provider of innovative parenting solutions tailored for modern families. The company's core offerings center around a digital platform designed to facilitate and enhance parenting experiences. This platform includes various features such as developmental tracking, expert parenting advice, and convenient tools for managing children's growth milestones. With a focus on fostering community among parents, the service aims to address common challenges faced during early childhood development, ultimately improving parenting effectiveness and child well-being. The primary clientele consists of parents and caregivers, with a significant user base in urban areas across China, where the company has established its solutions as essential resources for raising children.The revenue model of ??? is structured around a subscription-based service that provides users with access to premium features and content on their platform. Clients typically engage in monthly or annual subscription plans, enabling direct-to-consumer transactions that facilitate consistent revenue streams. These subscriptions include various pricing tiers based on the level of access, with flagship offerings providing enhanced resources for a tailored parenting experience. Additionally, the company collaborates with educational institutions and child care centers to offer its services to broader client bases, further strengthening its market presence. This multifaceted approach to revenue generation positions ??? to capitalize on the growing demand for digital parenting solutions.Qinbaobao plans to utilize the recent funding raised in January 2021 to enhance its digital platform and introduce new features aimed at improving user engagement and experience. The company is targeting expansion into additional urban markets across China by late 2023, aiming to reach more parents and caregivers seeking effective parenting solutions. Specifically, it will focus on integrating educational resources and community support features to further enrich its offerings.

## Funding rounds

- Series D, Jan 6, 2021, $39M — Fortune Capital, Shenzhen Capital Real Estate Fund
- Series C, Oct 29, 2018 — Fosun International, Shunwei Capital, TAL Education Group
- Series B, Dec 27, 2016 — Fosun International, Shunwei Capital
- Series A, Mar 11, 2014, $5M — Sinovation Ventures, Shunwei Capital
- Angel, Mar 1, 2013 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel, Series A
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A, Series B, Series C
- Fosun International (https://capitalatlas.ai/funds/fosun-international) — Series B, Series C
- TAL Education Group — Series C
- Fortune Capital — Series D
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series D