# Shenmachuxing.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenmachuxing-com

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.shenmachuxing.com
- Total disclosed funding: $10M
- Latest round: Series A (Apr 9, 2019)
- Investors on record: 2

## About

Shenmachuxing.com is a China-based company that specializes in blockchain technology and sports services, offering training programs, sports equipment wholesale, and facility management.Founded in 2018 in Shanghai, China, Shenmachuxing.com operates as a sports services provider leveraging blockchain technology. The company secured USD 10.00 mn in Series A funding on April 9, 2019, from DAOL Private Equity and Frees Fund.Shenmachuxing.com, through its brand 365WM Sports, delivers services in blockchain technology and sports, including specialized training programs like taekwondo and swimming, wholesale sports equipment, and management services for sports facilities such as badminton courts.Shenmachuxing.com generates revenue via a multi-faceted business model involving direct-to-consumer sales, B2B partnerships, and service subscriptions. It engages in structured transactions with educational institutions and fitness centers for training programs and sells sports equipment in bulk to retailers.With the recent USD 10.00 mn funding raised in April 2019, Shenmachuxing.com aims to enhance its service offerings and expand into new markets. Future initiatives may include the development of new training programs and an increase in its international presence across Asia.

## Funding rounds

- Series A, Apr 9, 2019, $10M — Frees Fund, DAOL Private Equity

## Investors

- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Series A
- DAOL Private Equity (https://capitalatlas.ai/funds/daol-private-equity) — Series A