# Youchewei

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

- Industry: Software
- Headquarters: Beijing, China
- Total disclosed funding: $2.5M
- Latest round: Series A (Apr 20, 2017)
- Investors on record: 2

## About

Established in 2014 and based in Beijing, China, Youchewei operates as a community parking space sharing platform that allows parking space owner to share their spare parking space in their community. In April 2017, the company raised CNY 12 million in series A funding led by new investor Gobi Partners.

The company mainly provides a shared parking space service platform. It is based on renting parking spaces in batches from property management companies or third-party parking management companies to make full use of vacant parking spaces. Users can use the mobile app to book nearby vacant parking spaces online. After the reservation is successful, they will receive a text message reminder and scan the code to enter.

The company generates revenue by providing a shared parking space service platform.

## Funding rounds

- Series A, Apr 20, 2017, $1.7M — Gobi Partners
- Angel, Jun 12, 2015, $0.8M — Fenghou Capital

## Investors

- Fenghou Capital (https://capitalatlas.ai/funds/fenghou-capital) — Angel
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A