# Yeeuu

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

- Industry: Hardware
- Headquarters: Hangzhou, China
- Website: www.yeeuu.com
- Latest round: Series B (May 8, 2017)
- Investors on record: 4

## About

Yeeuu provides innovative smart locking solutions aimed at enhancing home security while ensuring user convenience. Their products integrate advanced technology to cater to modern security needs.Founded in 2014 and headquartered in Hangzhou, China, Yeeuu specializes in smart locking solutions that enhance home security. In May 2017, the company raised Series B funding from Qianshu Capital along with returning investors Peak Valley Capital and In Capital. The total amount raised during this round has not been disclosed. Yeeuu has successfully completed 3 deals since its inception.YEEUU LOCK specializes in advanced smart locking solutions designed to enhance home security while providing convenience for users. Their flagship product, the YEEUU Smart Lock, offers multiple access methods, including fingerprint recognition, app control, NFC, and traditional keys. This lock is designed to be compatible with a wide array of door cylinders worldwide, facilitating easy installation on standard doors without the need for extensive wiring or drilling. The YEEUU app further enhances usability by allowing homeowners to manage access permissions, track entry and exit activity, and receive smart alerts regarding door status. These products are targeted at tech-savvy homeowners and smart home enthusiasts, with a focus on markets such as the United States, Canada, and various European countries, reflecting a growing demand for innovative home security solutions.YEEUU generates revenue primarily through direct-to-consumer sales of its smart lock products, supplemented by partnerships with retailers and distributors. The company offers its smart locks at competitive pricing, with flagship products like the YEEUU Smart Lock and various lockbox models available for purchase. Customers can choose from different pricing tiers based on product features, such as app-enabled functionalities or advanced security options like fingerprint access. Revenue transactions are structured around individual sales, as well as potential subscription models for premium app features or extended warranties. The company's focus on cost-effective solutions for home security positions it favorably within the smart home market, appealing to a broad customer base seeking reliable and innovative security measures.Yeeuu plans to leverage its recent Series B funding from May 2017 to enhance its product line and expand its market reach. The company is currently designing new smart lock products, with an aim to introduce them to the market by the end of 2023. Yeeuu is also targeting expansion into additional geographic regions, particularly in Europe and Asia, within the next two years. These initiatives are aimed at capturing growing demand for smart home security solutions.

## Funding rounds

- Series B, May 8, 2017 — In Capital, Qianshu Capital, Beijing Peakvalley Capital Investment
- Angel, Sep 1, 2014 — Shunwei Capital

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel
- In Capital — Series B
- Qianshu Capital (https://capitalatlas.ai/funds/qianshu-capital) — Series B
- Beijing Peakvalley Capital Investment — Series B