# Qunjielong

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

- Industry: Consumer Services
- Headquarters: Nanning, China
- Website: www.qunjielong.com
- Total disclosed funding: $5M
- Latest round: Series A (Oct 25, 2019)
- Investors on record: 3

## About

Established in 2014 and based in Nanning, China, Qunjielong is a shopping service provider that provides group purchasing services for community scenarios. It has established two subsidiaries, namely Guangzhou Qunjielong Network Technology Co., Ltd. and Guangxi Qunjielong Network Technology Co., Ltd. In 2017, the group relay app was launched. The company was rated as the best e-commerce platform for bringing goods. In October 2019, Qunjielong raised USD 5 million in series A funding led by SIG Asia Investment.

The company is engaged in network technology development, technical services, technology promotion, graphic design and production, advertising design, marketing planning, enterprise management consulting, network technology services and other businesses. Its main product is the group relay applet, which is a WeChat community marketing tool with functions such as data statistics, online payment, logistics query, and promotion push.

The company generates revenue by providing management services for WeChat community marketing tools and related technologies.

## Funding rounds

- Series A, Oct 25, 2019, $5M — GSR Ventures, Zero2IPO Ventures, SIG Asia Investment

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- Zero2IPO Ventures (https://capitalatlas.ai/funds/zero2ipo-ventures) — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A