# Weiche

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

- Industry: Retail
- Headquarters: Beijing, China
- Website: www.weiche.me
- Total disclosed funding: $33M
- Latest round: Series B (Apr 19, 2016)
- Investors on record: 6

## About

Weiche is a technology company specializing in innovative software solutions tailored for efficiency and productivity across various industries, primarily targeting businesses in North America, Europe, and the Asia-Pacific region.Founded in 2010 in Beijing, China, Weiche focuses on providing software applications that enhance operational efficiency. The company has secured a total of 4 deals, with its latest funding round being a Series C completed in April 2018, where it raised USD 152.00 mn from investor Delta Electronics, Inc, resulting in a current company valuation of USD 200.00 mn. The CEO is Lei Xu.Weiche specializes in offering software solutions that cater to specific needs within its target markets. Its core products include a variety of applications designed to enhance efficiency and productivity in multiple sectors, enabling seamless integration into existing workflows to optimize operations. The company serves small to medium-sized enterprises and larger corporations, with a growing demand particularly noted in North America and Europe, alongside a strong focus on customizing offerings for the Asia-Pacific market to meet local demands.Weiche primarily generates revenue through a subscription-based model, allowing clients to choose various tiers for access to its services. This model facilitates predictable recurring income essential for sustaining operations and further product development. Revenue transactions are conducted directly with clients, offering flexible billing cycles for annual or monthly plans. The company’s flagship products have been well-received, significantly contributing to its revenue stream while the pricing strategy accommodates diverse customer segments.Weiche plans to leverage its recent Series C funding, raised in April 2018, to enhance its product offerings and expand into new geographic regions. In the near future, the company is developing new software solutions aimed at increasing operational efficiencies, although specific release dates have not been disclosed. Additionally, Weiche targets expansion into new markets in the Asia-Pacific region by 2025, ensuring its products address unique local requirements to foster growth.

## Funding rounds

- Series B, Apr 19, 2016, $23M — Detong Capital, Zero2IPO Ventures, Enjoyor Technology Group, GRC, Haier Capital
- Series A, Oct 31, 2011, $10M — Zero2IPO Ventures, Sinovation Ventures
- Angel, Dec 1, 2010 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel, Series A
- Zero2IPO Ventures (https://capitalatlas.ai/funds/zero2ipo-ventures) — Series A, Series B
- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Series B
- Enjoyor Technology Group — Series B
- GRC (https://capitalatlas.ai/funds/grc) — Series B
- Haier Capital (https://capitalatlas.ai/funds/haier-capital) — Series B