# Songcaige.com

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

- Industry: Logistics & Distribution
- Headquarters: Beijing, China
- Website: www.songcaige.com
- Total disclosed funding: $0.8M
- Latest round: Angel (Oct 31, 2014)
- Investors on record: 2

## About

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 received Pre-A round funding of CNY 20 million, led by Shenzhen Capital Group, with follow-up investments from Zhonghai Investment and Hua Chuang Shengjing.

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.

## Funding rounds

- Angel, Oct 31, 2014, $0.8M — Z&H Investment, Beijing Huachuang Shengjing Investment Management

## Investors

- Z&H Investment (https://capitalatlas.ai/funds/z-h-investment) — Angel
- Beijing Huachuang Shengjing Investment Management — Angel