# Seven Kilometers

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/seven-kilometers

- Industry: Logistics & Distribution
- Headquarters: Xi'an, China
- Website: www.7gongli.com.cn
- Total disclosed funding: $6.1M
- Latest round: Series A (Jun 6, 2016)
- Investors on record: 3

## About

Seven Kilometers specializes in providing innovative technology solutions tailored for both businesses and individual consumers, addressing unique challenges in various sectors including retail and logistics.Founded in 2014 in Xi'an, China, Seven Kilometers focuses on technology and consumer services. The company has completed a total of 3 deals, with its most recent investment in March 2018, securing USD 5.00 mn in a Series A funding round from Qiming Venture Partners and Zhenshun Fund. The founder, Fei Wang, has a history in entrepreneurship, contributing to the company's strategic direction.Seven Kilometers offers a diverse range of products and services designed to meet the needs of its customers. Its core offerings include innovative solutions that enhance efficiency and productivity, especially in technology and consumer services. The products cater to both individual consumers and businesses, targeting markets primarily in Asia and Europe, and support various industries such as retail, logistics, and digital commerce. The company emphasizes user-friendly interfaces and robust functionality to deliver value across its client base.Revenue for Seven Kilometers is generated through a structured B2B and direct-to-consumer model. The company operates subscription-based services, allowing clients to access premium features on a recurrent basis. Partnerships with retailers and wholesalers further support a steady revenue flow, characterized by competitive pricing plans that attract a broad customer spectrum while reflecting the quality of its offerings. This strategic pricing structure aids in maintaining a consistent revenue stream and enhancing customer loyalty.Seven Kilometers aims to launch several new products designed to address specific market needs within the coming year. The company plans to expand its reach into additional markets, focusing on regions in Europe and Southeast Asia by 2025. The recent funding from March 2018 will be utilized to support product development and enhance market entry strategies, further solidifying the company's position in the global landscape.

## Funding rounds

- Series A, Jun 6, 2016, $5M — Qiming Venture Partners, Zhenshun Fund
- Angel, Jul 9, 2015, $1.1M — NewMargin Ventures, Zhenshun Fund

## Investors

- NewMargin Ventures (https://capitalatlas.ai/funds/newmargin-ventures) — Angel
- Zhenshun Fund (https://capitalatlas.ai/funds/zhenshun-fund) — Angel, Series A
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A