# Qingsongchou

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

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.qschou.com
- Total disclosed funding: $63M
- Latest round: Series C (Jul 26, 2017)
- Investors on record: 5

## About

Qingsongchou is a personal assistance fundraising platform that connects individuals in need of financial support for medical treatments and emergencies with potential donors through an effective online interface.Founded in 2014 in Beijing, China, Qingsongchou specializes in enabling users to raise funds for medical treatments and personal emergencies. The company has completed a total of 4 deals, with the most recent funding round occurring on July 26, 2017. This funding was a Series C round, raising USD 28.00 mn led by IDG Capital with participation from Daocin Capital, Detong Capital, Tencent Investment, and Tongdaoo. The company was co-founded by Jessica Wang, Li Xi, and Liang Yu, who also serves as the CEO.Qingsongchou, also known as ???, primarily operates as a personal assistance fundraising platform. It enables users to create campaigns for raising funds, particularly for medical treatments and emergencies, connecting them with potential donors. The platform is designed to address urgent financial needs related to healthcare, allowing users to gather support from their networks and the broader community. Qingsongchou serves a diverse clientele across China, including patients with serious illnesses and their families, facilitating fundraising efforts through a user-friendly online interface.Qingsongchou's revenue model is based on a commission structure tied to the funds raised through its platform. The platform assists individuals in initiating fundraising campaigns for medical expenses, facilitating the collection of donations from their social circles and the public. Qingsongchou may also partner with healthcare organizations and NGOs to enhance campaign visibility, although it does not disclose specific transaction fees or pricing plans for its services.In July 2017, Qingsongchou raised USD 28.00 mn in a Series C funding round, which will be utilized to enhance its platform and expand its services. The company intends to explore the introduction of new features and improvements aimed at facilitating a more seamless fundraising experience. Additionally, Qingsongchou plans to expand its geographic reach within China, targeting underserved regions where individuals may require financial support for healthcare-related needs.

## Funding rounds

- Series C, Jul 26, 2017, $28M — Detong Capital, IDG Capital, Tencent Investment, Tongdaoo, Daocin Capital
- Series B, Jun 1, 2016, $20M — Detong Capital, IDG Capital, Tencent Investment, Tongdaoo
- Series B, Jan 8, 2016, $15M — Detong Capital, IDG Capital
- Series A, Dec 17, 2014 — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C
- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Series B, Series C
- Tencent Investment — Series B, Series C
- Tongdaoo — Series B, Series C
- Daocin Capital (https://capitalatlas.ai/funds/daocin-capital) — Series C