# WeShine Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weshine-co

- Industry: Business Support Services
- Headquarters: Wuxi, China
- Website: www.wshoto.com
- Total disclosed funding: $16M
- Latest round: Series B (Feb 21, 2022)
- Investors on record: 4

## About

Established in 2015 and based in Shanghai, China, WeShine Co., Ltd. operates as a Wechat applet developer that provides a third-party management platform based on Enterprise WeChat. In 2021, the company has completed series A+ funding led by Tencent Investment, and followed by Sequoia Capital. There are more than 600 channel partners in the world, with branches in Guangzhou, Shenzhen, Beijing, Shanghai, Wuxi, Wuhan and other cities. As of 2022, the company has more than 1,000 employees.

The core product jiaoyu.qq.com provides SCRM, consulting, training, technology development, hardware and other services. As the Wecom service provider, the company helps enterprises to provide the customer service. At present, the company has served more than 150,000 enterprises and the total number of users exceeds 30,000.

In the future, the company will have more cooperation with Tencent in business opportunity transformation, technology research and development, resource sharing and so on.

## Funding rounds

- Series B, Feb 21, 2022, $0.5M — IDG Capital, ZWC Ventures
- Series A, Jan 29, 2021, $15M — Hong Shan, Tencent Investment
- Series A, Aug 18, 2020 — Hong Shan, Tencent Investment

## Investors

- Hong Shan — Series A
- Tencent Investment — Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B
- ZWC Ventures (https://capitalatlas.ai/funds/zwc-ventures) — Series B