# Weadoc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weadoc

- Industry: Consumer Services
- Headquarters: Hangzhou, China
- Website: www.weadoc.com
- Total disclosed funding: $27M
- Latest round: Series B (Sep 3, 2018)
- Investors on record: 3

## About

Weadoc is a technology company focused on providing efficient on-demand repair services for electronic devices, particularly smartphones and laptops, catering to the fast-paced needs of urban consumers.Founded in 2015 in Hangzhou, China, Weadoc specializes in on-demand electronic device repairs. The company has successfully completed 5 deals, with its most recent funding round being a Series B raising CNY 80 million on September 3, 2018, led by Sanxia Xintai Fund. The CEO and founder, Yuan Wang, has previously been involved in other ventures, contributing to the company's strategic direction.Weadoc offers on-demand repair services for electronic devices, focusing on smartphones and laptops. Their services include screen replacements, battery swaps, and software troubleshooting, targeting tech-savvy individuals and businesses in major Chinese cities like Beijing, Shanghai, and Shenzhen. The company aims to provide quick solutions to device malfunctions, ensuring minimal downtime for customers.Weadoc's revenue model is based on direct-to-consumer transactions through their online platform and mobile application, where customers can schedule repairs or visit service points. Payments are made upfront for various repair services, with clear pricing structures established for different types of repairs, enhancing transparency for consumers.Following its latest funding of CNY 80 million in September 2018, Weadoc plans to leverage the capital to expand its service offerings and enhance its technology stack. The company is looking to enter new markets within China while refining its existing services to improve customer experience. The funding will support ongoing product development and expansion efforts, with a focus on increasing accessibility in urban areas.

## Funding rounds

- Series B, Sep 3, 2018, $12M — MPC, Sanxia Xintai Fund
- Series B, Nov 28, 2017, $15M — Cowin Capital, MPC

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B
- MPC — Series B
- Sanxia Xintai Fund (https://capitalatlas.ai/funds/sanxia-xintai-fund) — Series B