About Oh Plus Network Technology
Oh Plus Network Technology was a company based in Shanghai (China) founded in 2017 by Michael Lv. Oh Plus Network Technology has raised $72.4 million across 3 funding rounds from investors including Ant Group, China Renaissance Group and Sequoia Capital. The company is recorded as dissolved. Its competitors include Jushuitan, AiBee and Ubox; 3 of its 3 listed competitors have raised funding.
- Headquarters Shanghai, China
- Founders Michael Lv
- Website xingbianli.com
- Total Equity Funding$72.4M (USD)
in 3 rounds
- InvestorsAnt Group
& 5 more
Funding Insights of Oh Plus Network Technology
Oh Plus Network Technology has successfully raised a total of $72.4M across 3 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 $72.4M
- Total Rounds 3
- First Round $15M
(Sep 2017)
- Investors Count 6
All 3 funding rounds of Oh Plus Network 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 |
|---|---|---|---|---|---|
| Jun 2018 | Series A | – | – | ||
| Nov 2017 | $57.4M | Series A | – | Sequoia Capital | |
| Sep 2017 | $15M | Series A | – | Lightspeed China Partners |
6 investors in total: 5 institutional and 1 angel.
Investors in Oh Plus Network Technology
Oh Plus Network Technology has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ant Group, China Renaissance Group and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
M&A advisory, asset management firm, and private equity fund focused on multiple sectors | 2005 | huaxing.com | Chaoyang, China | |
Venture capital fund focused on multiple sectors | visionpluscapital.com | Hangzhou, China | ||
Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China. | lightspeedcp.com | |||
Payment processing solution for consumers, small and micro businesses | 2004 | antgroup.com | Hangzhou, China | |
TZ Tao Zhang | unknown_36fac77dabe74709b |
Investor details for Oh Plus Network Technology
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People of Oh Plus Network Technology
1 people are tracked at Oh Plus Network Technology (1 in leadership).
| Name | Role | Group |
|---|---|---|
Michael Lv | Founder | Leadership |
Complete people profiles for Oh Plus Network Technology
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Timeline of Oh Plus Network Technology
3 dated milestones of Oh Plus Network Technology across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Oh Plus Network Technology is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series A,.
Competitors of Oh Plus Network Technology
Oh Plus Network Technology has 3 listed competitors in our database, 3 of them funded. They include Jushuitan, AiBee and Ubox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jushuitan.com | 2014 | Hangzhou, China | $225.2M | SaaS-based ERP solutions are provided for e-commerce operations management. | ||
| aibee.com | 2014 | Haidian, China | $175.41M | Provider of voice recognition, language understanding, and data analysis services | ||
| ubox.cn | 2010 | Beijing, China | $85M | Smart vending machines with O2O features are produced by Ubox. |
Detailed competitors of Oh Plus Network Technology
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Frequently Asked Questions about Oh Plus Network Technology
Oh Plus Network Technology was founded in 2017.
Oh Plus Network Technology is headquartered in Shanghai, China.
Oh Plus Network Technology is a funded company, having raised a total of $72.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 2017.
Oh Plus Network Technology has 6 investors. Key investors include Ant Group, China Renaissance Group, Sequoia Capital, Vision Plus Capital, and Lightspeed China Partners.