Songcaige.com
Latest round
- Angel
Last raised
- Oct 2014
Total raised
- $0.8M
Investors
- 2
About Songcaige.com
Based in Beijing, China and established in 2014, Songcaige is a e-commerce platform facilitating the supply of ingredients to restaurants. Founded by Liu Wenhui, who previously worked at Alibaba Cloud for seven years, the company initially operated on a self-operated model. After realizing the high costs of self-operation, the company pivoted to a B2B2B model in March 2016, connecting restaurants with local vegetable vendors and service providers for efficient ingredient delivery. Songcaige provides a streamlined online platform for restaurants to order ingredients, which are then delivered by local vendors and service providers. The platform's services have significantly reduced the procurement time for restaurant owners, enabling them to complete orders within 10 minutes. The company's system also assists vendors in improving logistics efficiency and reducing costs. The company generates revenue by offering a marketplace where restaurants can place orders for ingredients, with the delivery and related services being provided by partnered vendors and service providers.
Who invested in Songcaige.com
2 investors across 1 round
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Funding rounds
Angel
Oct 31, 2014
Amount
$0.8M
Investors
Questions about Songcaige.com
Who invested in Songcaige.com?
Songcaige.com has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Songcaige.com raised?
Songcaige.com has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Songcaige.com last raise money?
Songcaige.com's most recent round on record is a Angel, in Oct 2014.
What does Songcaige.com do?
Based in Beijing, China and established in 2014, Songcaige is a e-commerce platform facilitating the supply of ingredients to restaurants.
Where is Songcaige.com headquartered?
Songcaige.com is headquartered in Beijing, China.
Which VCs invest in companies like Songcaige.com?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back logistics & distribution companies at Songcaige.com's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Angel
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