# Wxhand

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

- Industry: Telecoms
- Headquarters: Hangzhou, China
- Website: www.wxhand.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Jun 30, 2015)
- Investors on record: 1

## About

Wxhand is an innovative company providing a comprehensive WeChat management platform specifically designed for educational institutions, enhancing communication and operational efficiency within universities.Wxhand is a technology company specializing in WeChat management for educational institutions. Founded in Hangzhou, China, the company received CNY 10 million in Seed funding from Qingsong Fund on June 30, 2015. The founder's history is not specified, and no significant pivots or changes in business strategy have been noted. The company has not reported any subsidiaries or parent companies.The company, known as ???? (Zhangshang Daxue), primarily offers a comprehensive WeChat management system tailored for educational institutions. Their core product facilitates the operation of official WeChat accounts for universities, allowing schools to efficiently manage communication, enhance engagement, and streamline operations. The platform includes over 60 applications designed to support various campus functionalities, such as keyword management, automated replies, customizable menus, and third-party integrations. This service is aimed at a diverse client base that includes over 2,900 educational institutions and serves more than 38 million end users, predominantly college students across China. By providing these solutions, the company addresses challenges in campus communication and operational efficiency, effectively bringing the entire campus experience online.The company generates revenue through a multi-faceted transaction structure focused on their WeChat management services. Institutions partner with ???? to access the platform and its various applications, which are offered at no cost, increasing the likelihood of widespread adoption among schools. The revenue model is further supported by the platform's advertising capabilities, where clients can engage with high-end advertisers to monetize their services. This transaction structure is designed to foster B2B relationships between the company and educational institutions while also facilitating interactions with advertisers looking to reach the student demographic. The company has facilitated over 30 million campus sponsorships, reinforcing its role as a vital intermediary in the educational advertising space.The latest funding of CNY 10 million raised in June 2015 will be utilized to enhance product offerings and expand market reach. Wxhand is exploring the development of new applications for its platform, aiming to launch these updates by the end of 2023. The company plans to expand its services into additional regions within China, focusing on lesser-served educational markets by 2024.

## Funding rounds

- Seed, Jun 30, 2015, $1.6M — Qingsong Fund

## Investors

- Qingsong Fund (https://capitalatlas.ai/funds/qingsong-fund) — Seed