About Grape Information Technology
Grape Information Technology was a Business Services company based in Shenzhen (China) founded in 2003 by Yang Weiquan. It operates as an an online platform for listing and accessing local services. It operates on a B2C model. Grape Information Technology has raised $26.02 million across 3 funding rounds from investors including Lakala, Legend Capital and Decent Capital. The company is recorded as dissolved. Its focus areas include Technology, E-commerce, Service Listings and Local Services. Its competitors include Yelp, DDMap, 19Lou, Ffan and 16pinpin.com and 1 more; 4 of its 6 listed competitors have raised funding.
Company details
Grape Information Technology, established in 2003, excels in leveraging cutting-edge technology, operating online marketplaces, service listings, and local services. An online platform for listing and accessing local services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Shenzhen, China
- Founders Yang Weiquan
- SectorsBusiness Services
- Website putao.cn
- Total Equity Funding$26.02M (USD)
in 3 rounds
- Latest Funding Round$15.02M (USD), Series B
Aug 2016
- InvestorsLakala
& 2 more
Funding Insights of Grape Information Technology
Grape Information Technology has successfully raised a total of $26.02M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15.02 million completed in August 2016. 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 $26.02M
- Total Rounds 3
- Last Round Series B — $15.02M
- First Round $1M
(Apr 2012)
- Investors Count 3
All 3 funding rounds of Grape Information Technology 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 |
|---|---|---|---|---|---|
| Aug 2016 | $15.02M | Series B | – | Lakala | – |
| Dec 2014 | $10M | Series A | – | – | |
| Apr 2012 | $1M | Angel Round | – | – |
3 investors in total: 3 institutional.
Investors in Grape Information Technology
Grape Information Technology has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Lakala, Legend Capital and Decent Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture Capital firm focused on multiple sectors | – | legendcapital.com.cn | Haidian, China | |
Investment activities are conducted by Decent Capital. | – | decentcapital.com | Atherton, United States | |
POS payment acceptance solution for businesses | 2005 | lakala.com | Beijing, China |
Investor details for Grape Information Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Grape Information Technology
1 people are tracked at Grape Information Technology (1 in leadership).
| Name | Role | Group |
|---|---|---|
Yang Weiquan | Founder | Leadership |
Complete people profiles for Grape Information Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Grape Information Technology
3 dated milestones of Grape Information Technology across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Grape Information Technology is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $15.0M.
Competitors of Grape Information Technology
Grape Information Technology has 6 listed competitors in our database, 4 of them funded. They include Yelp, DDMap, 19Lou, Ffan and 16pinpin.com, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yelp.com | 2004 | San Francisco, United States | $56M | 4,872 | Platform for discovering and sharing local businesses | |
| ddmap.com | 2005 | Shanghai, China | $40M | – | - | |
| 19lou.com | 2006 | Hangzhou, China | $12.6M | – | Online local listing platform | |
| ffan.com | 2004 | Shanghai, China | – | – | Online-to-offline retail is enabled through Ffan's platform for store pickups. | |
| 16pinpin.com | 2018 | China | – | – | A platform for local business and service listings is provided. | |
| xiaoquwuyou.com | 2012 | Shanghai, China | $20M | – | - |
Detailed competitors of Grape Information Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Local & Community Services
10 companies that operate in the same segment as Grape Information Technology (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Frequently Asked Questions about Grape Information Technology
Grape Information Technology was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Grape Information Technology is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Grape Information Technology is a funded company, having raised a total of $26.02M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Apr 2012.
Grape Information Technology, established in 2003, excels in leveraging cutting-edge technology, operating online marketplaces, service listings, and local services. An online platform for listing and accessing local services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Grape Information Technology has 3 investors. Key investors include Lakala, Legend Capital, and Decent Capital.