About Franchisee
Franchisee is a Consumer company based in Liaoyuan (China) founded in 2018. Online platform offering promotional products and services to businesses. It operates in the Consumer, Business Services, and Retail sectors. Franchisee has raised $2.18 million across 2 funding rounds from investors including Hejun Group. Its focus areas include B2B E-Commerce, Services, Catering and Marketplace. Its competitors include Meican, FreshChefs and Xiaozufan; 1 of its 3 listed competitors has raised funding.
Company details
Franchisee was founded in 2018 in Liaoyuan, China, as an online platform accessible through the domain zgjmj.com.cn. Promotional products and services are delivered to businesses in the merchandise sector. Operations involve facilitating access to customizable items such as apparel and accessories, along with supporting services like design and distribution. The platform serves domestic clients primarily within Chinas promotional industry.
- Headquarters Liaoyuan, China
- SectorsConsumerBusiness Services Retail
- Website zgjmj.com.cn
- Total Equity Funding$2.18M (USD)
in 2 rounds
- Latest Funding Round$1.46M (USD), Seed
Jan 2020
- Investors
Funding Insights of Franchisee
Franchisee has successfully raised a total of $2.18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.46 million completed in January 2020. 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 $2.18M
- Total Rounds 2
- Last Round Seed — $1.46M
- First Round $718,240
(Jun 2019)
- Investors Count 1
All 2 funding rounds of Franchisee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $1.46M | Seed | – | – | – |
| Jun 2019 | $718,240 | Seed | – | Hejun Group | – |
1 investors in total: 1 institutional.
Investors in Franchisee
Franchisee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hejun Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| hejun.com |
Investor details for Franchisee
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of Franchisee
3 dated milestones of Franchisee across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Franchisee is founded.
- Funding First funding round of $718K.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Franchisee
Franchisee has 3 listed competitors in our database, 1 of them funded. They include Meican, FreshChefs and Xiaozufan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meican.com | 2011 | Beijing, China | $132.89M | Meals are ordered via an online platform for corporate clients. | ||
| freshchefs.cn | 2017 | Shanghai, China | Operates an online platform for catering and large-order delivery services. | |||
| xiaozufan.com | 2013 | Beijing, China | Operates an online platform for convenient food ordering tailored to office groups. |
Detailed competitors of Franchisee
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Frequently Asked Questions about Franchisee
Franchisee was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Franchisee is headquartered in Liaoyuan, China. It is registered at Liaoyuan, Jilin, China.
Franchisee is a funded company, having raised a total of $2.18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $718.24K, raised on Jun 2019.
Franchisee was founded in 2018 in Liaoyuan, China, as an online platform accessible through the domain zgjmj.com.cn. Promotional products and services are delivered to businesses in the merchandise sector. Operations involve facilitating access to customizable items such as apparel and accessories, along with supporting services like design and distribution. The platform serves domestic clients primarily within Chinas promotional industry.
Franchisee's top competitors include Meican, FreshChefs and Xiaozufan.
Franchisee has 1 investor. Key investors include Hejun Group.