# XBed Corporation

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

- Industry: Travel & Leisure
- Headquarters: Guangzhou, China
- Website: www.xbed.com.cn
- Total disclosed funding: $12M
- Latest round: Series B (Apr 10, 2018)
- Investors on record: 4

## About

Founded in 2015 and based in Guangzhou, China, XBed Corporation operates a mobile application that allows users to check-in, check-out, verify ID and book hotel. In December 2021, the company raised an undisclosed amount of strategic funding from returning investor. The founder and CEO Mr. Chuntian Li has 21 years of chain operation experience.

The company provides room reservation, check-in, payment, door opening, call room cleaning, check-out services for customers. Besides, the company has a self-developed XMS hotel self-operating system has the function of room status and reservations, manpower sharing, network-wide traffic, invoicing, invoicing, single room settlement, membership marketing.

The company plan to use the funding for the expansion of Xbed hotel and the further optimization iteration of XMS hotel self-operation system.

## Funding rounds

- Series B, Apr 10, 2018 — Qingsong Fund, QF Capital
- Seed, Dec 5, 2016, $7.2M — Gobi Partners, Shanghai Pudong Development Bank, QF Capital
- Angel, Jun 1, 2015, $4.9M — Qingsong Fund, QF Capital

## Investors

- Qingsong Fund (https://capitalatlas.ai/funds/qingsong-fund) — Angel, Series B
- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Angel, Seed, Series B
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed
- Shanghai Pudong Development Bank — Seed