About Laiyaoyao
Laiyaoyao was a Consumer company based in Beijing (China) founded in 2011 by Chaoren Chen. It offers a restaurant recommendation app to help users discover dining options. It operates on a B2C model. Laiyaoyao has raised $2 million across 2 funding rounds from investors including Morningside China and Sequoia Capital. Its chief executive is Chaoren Chen. The company is recorded as dissolved. Its focus areas include Technology, Mobile Applications, Recommendation Services and Restaurant Suggestions. Its competitors include Yelp, Ricebook, OpenRice, SynchroLife and Kzhuo and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Laiyaoyao, based in Beijing, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, recommendation services, and restaurant suggestions. Offers a restaurant recommendation app to help users discover dining options. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Beijing, China
- Founders Chaoren Chen
- SectorsConsumer
- Website laiyaoyao.com
- Total Equity Funding$2M (USD)
in 2 rounds
- InvestorsMorningside China
& 1 more
Funding Insights of Laiyaoyao
Laiyaoyao has successfully raised a total of $2M across 2 strategic funding rounds. 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 $2M
- Total Rounds 2
- First Round $2M
(Jan 2011)
- Investors Count 2
All 2 funding rounds of Laiyaoyao 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 |
|---|---|---|---|---|---|
| Apr 2012 | – | Series B | – | – | |
| Jan 2011 | $2M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Laiyaoyao
Laiyaoyao has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Morningside China and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
VC and private equity investments are made in China-US companies. | – | morningside.com.cn | Shanghai, China |
Investor details for Laiyaoyao
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
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People of Laiyaoyao
1 people are tracked at Laiyaoyao (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chaoren Chen | Co-Founder and CEO | Leadership |
Complete people profiles for Laiyaoyao
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Laiyaoyao
3 dated milestones of Laiyaoyao across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Laiyaoyao is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series B,.
Competitors of Laiyaoyao
Laiyaoyao has 7 listed competitors in our database, 6 of them funded. They include Yelp, Ricebook, OpenRice, SynchroLife and Kzhuo, 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 | |
| ricebook.com | 2012 | Beijing, China | $53.5M | – | A social app for food discovery and e-commerce platform specializing in premium foods. | |
| openrice.com | 2012 | Hong Kong, China | – | – | Operates a digital platform for discovering restaurants and reading user reviews. | |
| synchrolife.org | 2017 | Hong Kong, China | $2.6M | – | Blockchain-based restaurant reviews are sourced and rewarded with cryptocurrency. | |
| kzhuo.com.cn | 2012 | Beijing, China | $30M | – | Online restaurant recommendation platform | |
| menyaer.com | 2013 | Shanghai, China | $1.6M | – | Operates a content and community-driven ecommerce platform for food products. | |
| chengmi.com | 2013 | Beijing, China | $2.3M | – | A mobile app providing restaurant recommendations. |
Detailed competitors of Laiyaoyao
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 Services for Restaurants
10 companies that operate in the same segment as Laiyaoyao (Services for Restaurants), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates a restaurant specializing in pizza. | 2015 | Mountain View, California, United States | USD 451.7 M | – | 665 | |
Catering equipment is provided by Airedale Group in the UK. | 1986 | Bradford, West Yorkshire, United Kingdom | – | USD 85.2 M | 493 | |
Collective catering and kitchen services for diverse settings are provided. | 1969 | Libercourt, Pas-de-calais, France | – | – | – | |
Offers handmade European comfort food using organic ingredients in multiple cafés. | – | Delhi, Delhi, India | – | USD 68.97 M | 3,138 | |
Bespoke hospitality services for corporate clients are designed and delivered. | 2000 | Reading, United Kingdom | – | USD 555.78 M | – | |
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally. | 1990 | Delhi, Delhi, India | – | – | – | |
Meal planning and cleaning services are provided to restaurants. | 2009 | Columbia, United States | – | – | – | |
Vivartia is recognized as a leading food and catering group in Greece. | 2006 | Spata, Attica, Greece | – | – | – | |
Cafe services, online food ordering, and delivery operations. | 2017 | Bengaluru, Karnataka, India | – | USD 1.68 B | 3,383 | |
Mobile ordering and payment services for restaurants are provided. | 2019 | Oslo, Oslo, Norway | – | USD 1.35 M | 55 |
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Frequently Asked Questions about Laiyaoyao
Laiyaoyao was founded in 2011.
Laiyaoyao is headquartered in Beijing, China.
Chaoren Chen is the current CEO of Laiyaoyao. They have also founded this company.
Laiyaoyao is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Jan 2011.
Laiyaoyao, based in Beijing, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, recommendation services, and restaurant suggestions. Offers a restaurant recommendation app to help users discover dining options. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Laiyaoyao's top competitors include Yelp, Kzhuo and SynchroLife.
Laiyaoyao has 2 investors. Key investors include Morningside China, and Sequoia Capital.