# Yanker

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

- Industry: Consumer Services
- Headquarters: Beijing, China
- Website: www.yanker.com
- Total disclosed funding: $10M
- Latest round: Series A (Oct 15, 2019)
- Investors on record: 2

## About

Yanker is a technology firm that focuses on innovative solutions aimed at enhancing user engagement and operational efficiency for diverse industries.Founded in 2017, Yanker operates from Beijing, China. The company specializes in advanced technology solutions designed to improve business processes. In October 2019, Yanker raised USD 10 mn in Series A funding led by Yong Rong Asset Management, with participation from Cherubic Ventures, bringing the total amount raised to USD 10 mn. The firm has completed 4 deals to date.Yanker provides a variety of advanced technology products and services that cater to a broad client base. Their solutions are utilized by businesses in sectors such as retail, technology, and entertainment to enhance operational efficiency and customer engagement. Yanker's offerings are available to international customers across North America, Europe, and select Asia-Pacific countries, demonstrating their global market reach.Yanker's revenue is primarily generated through subscription models and direct sales to both consumers and businesses. Clients typically engage through annual or monthly subscriptions, ensuring continued access to Yanker's products. Collaborations with retailers and wholesalers further extend their market presence, allowing for tailored pricing plans that cater to different customer segments, thereby supporting sustained revenue growth.Yanker plans to leverage its recent Series A funding of USD 10 mn to expand its product offerings and enter new markets. The investment will support the development of upcoming solutions designed to enhance user experience. Additionally, Yanker targets expansion into regions including Europe and North America by 2022, aiming to solidify its global footprint.

## Funding rounds

- Series A, Oct 15, 2019, $10M — Cherubic Ventures, Yong Rong Asset Management

## Investors

- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Series A
- Yong Rong Asset Management — Series A