# SUNMEI Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sunmei-group

- Industry: Business Support Services
- Headquarters: Shanghai, China
- Website: www.1615.cn
- Total disclosed funding: $20M
- Latest round: Series B (Dec 27, 2016)
- Investors on record: 3

## About

Based in Qingdao, China, and established in 2011, SUNMEI Group is a comprehensive company that integrated hotel, household products retail, catering, and culture and entertainment. It has more than 5,000 hotels, 200 Boladi KTV, 30 home retail, 300 catering stores, and the total number of stores has exceeded 5,500. The number of members exceeds 120 million. The company adopts the business model of from franchise, decoration, operation to service.

The company operates hotel, household products retail, catering, and culture and entertainment.

The company will use the funding to expand market share in oversea market, and accelerate intelligentization of hotel in third and fourth tier cities in China.

## Funding rounds

- Series B, Dec 27, 2016, $20M — CMB International Asset Management, Hongtai Aplus
- Series A, Mar 1, 2012 — Felicity Global Capital

## Investors

- Felicity Global Capital (https://capitalatlas.ai/funds/felicity-global-capital) — Series A
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series B
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series B