# Yonglibao

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

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.yonglibao.com
- Total disclosed funding: $26M
- Latest round: Series B (Sep 25, 2015)
- Investors on record: 1

## About

Yonglibao is a technology company based in Shanghai, China, providing innovative solutions to enhance efficiency for both consumers and businesses across multiple markets.Yonglibao operates in the technology sector, focusing on developing products that cater to various consumer and business needs. The company is headquartered in Shanghai, China. It has engaged in 3 deals, with its most recent funding occurring on June 5, 2021, during a SERIES B round, where it raised CNY 100.00 mn from New Access Capital. The total amount raised to date is also CNY 100.00 mn.The company offers a range of products designed to address specific consumer and business needs within its target markets. Its core offerings include innovative solutions that enhance efficiency and usability, catering to both individual consumers and enterprises. The products are engineered to solve various challenges, from optimizing workflow processes to improving customer engagement. The company serves a diverse client base that includes small to medium-sized enterprises as well as larger corporations. These solutions are strategically marketed in regions such as North America and parts of Europe, where there is a growing demand for advanced technological products. The company’s products aim to deliver value through improved performance and user satisfaction.The company generates revenue through a structured transaction model focusing on direct sales and partnerships. Client engagements typically involve both B2B and B2C frameworks, allowing for flexibility in product distribution. Revenue streams are bolstered by subscription-based services, ensuring ongoing client retention and consistent cash flow. Flagship products may be offered under a tiered pricing plan that provides varying levels of access or functionality based on client needs. This model encourages long-term relationships with clients who seek to integrate the company's offerings into their operational frameworks. Additionally, the company collaborates with retailers and wholesalers to broaden its market outreach, enhancing revenue potential through diverse channels.Yonglibao's future growth strategy includes the development of new products designed for release in the upcoming quarters, although specific launch dates are not detailed. The company is looking to expand into additional markets, with a focus on regions with increasing demand for its products, particularly in Asia by the end of 2023. The recent funding from the SERIES B round will be utilized to support these initiatives, although specifics on the allocation are not provided. In June 2021, Yonglibao was suspended, which may impact its growth trajectory.

## Funding rounds

- Series B, Sep 25, 2015, $16M — New Access Capital
- Series A, Jan 22, 2015, $10M — New Access Capital

## Investors

- New Access Capital (https://capitalatlas.ai/funds/new-access-capital) — Series A, Series B