About 55km
55km is a company based in Shanghai (China) founded in 2013. It operates as a B2C. 55km has raised $1.44 million across 2 funding rounds from investors including Eagles Fund, Shanghai Xunli Asset Management and Huadan Angel. 55km operates in a competitive market with competitors including Huangbaoche, Koudai Dipei, Triploc, Zouzhe Lvxing and Backstreet Academy, among others.
- Headquarter Shanghai, China
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Sectors
Business Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.44 M (USD)
in 2 rounds
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Latest Funding Round
$1.44 M (USD), Series A
Nov 29, 2018
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Investors
Eagles Fund
& 2 more
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Employee Count
Employee Count
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Funding Insights of 55km
55km has successfully raised a total of $1.44M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.44 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.4M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series A - 55km | Valuation |
investors |
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| Sep, 2016 | Amount | Seed - 55km | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 55km
55km has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eagles Fund, Shanghai Xunli Asset Management and Huadan Angel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech focused VC firm investing in seed stage companies in China
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 55km
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 55km
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
55Km Comparisons
Competitors of 55km
55km operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Huangbaoche, Koudai Dipei, Triploc, Zouzhe Lvxing and Backstreet Academy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform to book tours/activities offered by peers
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| domain | founded_year | HQ Location |
Connects travelers with local hosts for seamless outbound tourism experiences.
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| domain | founded_year | HQ Location |
Offers travel planning services with peer-to-peer guides for personalized experiences.
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| domain | founded_year | HQ Location |
An online travel startup connecting travelers with local drivers for destination tours.
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| domain | founded_year | HQ Location |
Local tours and activities are booked via an online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 55km
When was 55km founded?
55km was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is 55km located?
55km is headquartered in Shanghai, China.
Is 55km a funded company?
55km is a funded company, having raised a total of $1.44M across 2 funding rounds to date.
What does 55km do?
55km operates with a B2C model, focusing on leveraging cutting-edge technology, digital platforms, local experiences, and hub for services. Operates a digital hub connecting users to local experiences and services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of 55km?
55km's top competitors include Huangbaoche, Backstreet Academy and Koudai Dipei.
Who are 55km's investors?
55km has 3 investors. Key investors include Eagles Fund, Shanghai Xunli Asset Management, and Huadan Angel.