Thing Swell

SoftwareSeries AHangzhou, Chinathingswell.com

Latest round

Series A

Last raised

Mar 2025

Total raised

Undisclosed

Investors

3

About Thing Swell

Based in Hangzhou, China and founded in 2017, Thing Swell operates as an intelligent ready-mixed concrete solution provider, providing products and services around the production, transportation, and delivery of ready-mixed concrete. The founder and CEO, Yucheng Shou, graduated from Zhejiang University, and once served as president of Siemens and vice president of PTC. Thing Swell has developed a SaaS platform of intelligent commercial concrete Internet of things system, which can manage the whole concrete production and transportation process. It has five subsystems which are intelligent scheduling, intelligent production, intelligent recipe system, intelligent quality system and intelligent warehouse management system. The company serves for more than 20 customers including mixing station, commercial concrete product processing plant and scene construction of intelligent factory. The company generates revenue by providing digitalization and intelligence basic platform services for the commercial concrete industry.

Who invested in Thing Swell

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 4, 2025

    Amount

    Undisclosed

    Investors

    Locked

  2. Angel

    Sep 17, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Thing Swell

Who invested in Thing Swell?

Thing Swell has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Thing Swell raised?

Thing Swell has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Thing Swell last raise money?

Thing Swell's most recent round on record is a Series A, in Mar 2025.

What does Thing Swell do?

Based in Hangzhou, China and founded in 2017, Thing Swell operates as an intelligent ready-mixed concrete solution provider, providing products and services around the production, transportation, and delivery of ready-mixed concrete.

Where is Thing Swell headquartered?

Thing Swell is headquartered in Hangzhou, China.

Which VCs invest in companies like Thing Swell?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Thing Swell's stage. Their profiles are linked below.

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