# Yibaikuai

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

- Industry: Internet
- Headquarters: Nanjing, China
- Website: www.100kuai.top
- Total disclosed funding: $9.2M
- Latest round: Series A (Mar 2, 2016)
- Investors on record: 3

## About

Yibaikuai specializes in providing innovative digital solutions that enhance user experiences through a proprietary platform tailored for seamless online transactions, primarily serving small to medium-sized enterprises.Founded in 2016, Yibaikuai is based in Nanjing, China, where it operates as an independent entity. The firm has successfully executed 3 deals, with its most recent being a Series A funding round that raised CNY 50 million on March 2, 2016, from Fenghou Capital. There are no records of significant pivots in business strategy or organizational structure.Yibaikuai offers a range of innovative digital solutions designed to enhance user experience and address specific market needs. Their core product suite includes a proprietary platform that facilitates seamless online transactions, providing users with a streamlined interface for various services. This platform targets small to medium-sized enterprises looking to optimize their customer engagement and operational efficiency. The services cater to a diverse client base, including retailers and service providers across North America and Europe, focusing on consumers seeking convenient online solutions for purchasing goods and services.Yibaikuai generates revenue through a structured model that includes subscription services and direct-to-consumer sales. Clients typically engage with the company’s offerings via tiered subscription plans, which provide varying levels of access and features tailored to different user needs. These plans accommodate businesses of all sizes, allowing for scalable solutions that align with their operational goals. Additionally, the company collaborates with retailers to expand its market reach and enhance customer acquisition. The flagship products play a crucial role in establishing a loyal customer base, contributing materially to the firm's financial performance.Yibaikuai plans to leverage its recent Series A funding of CNY 50 million, raised in March 2016, to enhance its product offerings and expand into new markets. The company is currently developing new features for its platform, with a targeted release in the next 12 months. They aim to penetrate additional markets in Asia and Europe by 2025, focusing on enhancing user experience and operational efficiency for small to medium-sized enterprises.

## Funding rounds

- Series A, Mar 2, 2016, $7.6M — Fenghou Capital
- Angel, Jan 5, 2016, $1.5M — Jadestone Capital, Tingmei

## Investors

- Jadestone Capital (https://capitalatlas.ai/funds/jadestone-capital) — Angel
- Tingmei — Angel
- Fenghou Capital (https://capitalatlas.ai/funds/fenghou-capital) — Series A