# Xiamen Daotuo Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiamen-daotuo-technology-co

- Industry: Internet
- Headquarters: Xiamen, China
- Website: http://www.zuwome.com
- Total disclosed funding: $0.6M
- Latest round: Angel (Aug 15, 2016)
- Investors on record: 2

## About

Xiamen Daotuo Technology Co., Ltd. is a technology company focused on the rental and sharing economy, providing a platform that enables users to rent a variety of products conveniently and efficiently.Founded in 2015 in Xiamen, China, Xiamen Daotuo Technology Co., Ltd. operates a platform facilitating product rentals, primarily targeting urban areas. The company received CNY 3 million in Angel funding from PurpleSky Capital in August 2016, which supported its operational growth.Xiamen Daotuo Technology Co., Ltd. specializes in innovative technology solutions for the rental and sharing economy. Their platform allows users to rent various products, catering to short-term equipment rentals and peer-to-peer sharing. It aims to enhance convenience for consumers and connects individual users with local rental providers, focusing on urban markets across China.Xiamen Daotuo Technology Co., Ltd. generates revenue through transaction-based models, earning service fees from rentals facilitated on its platform. The company utilizes a commission-based pricing strategy, deriving income from each transaction completed, which is driven by volume as it seeks to attract individual consumers and local businesses.Xiamen Daotuo Technology Co., Ltd. plans to utilize its recent Angel funding of CNY 3 million to support the development of new rental categories and enhance its platform capabilities. The company aims to expand its services into additional metropolitan regions across China, targeting significant urban markets looking for flexible rental solutions.

## Funding rounds

- Angel, Aug 15, 2016, $0.5M — PurpleSky Capital
- Seed, Jan 12, 2016, $0.1M — Yuanlian Capital

## Investors

- Yuanlian Capital (https://capitalatlas.ai/funds/yuanlian-capital) — Seed
- PurpleSky Capital (https://capitalatlas.ai/funds/purplesky-capital) — Angel