About Starspeed
Starspeed is a company based in China founded in 2019 by Yao Jincheng and Yang Jun. It operates as a SaaS (Software-as-a-Service). Starspeed has raised $2.97 million across 1 funding round from investors including Inno Angel Fund and Eagles Fund. Starspeed offers products and services including Isolation Hotel Management Platform. Starspeed operates in a competitive market with competitors including Shenzhen Pudu Technology, IMEE and Hotel Information Technology, among others.
- Headquarter China
- Founders Yao Jincheng, Yang Jun
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Sectors
Travel & HospitalityConsumer Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name 星速购
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.97 M (USD)
in 1 rounds
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Latest Funding Round
$2.97 M (USD), Angel Round
Jun 07, 2021
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Investors
Inno Angel Fund
& 1 more
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Employee Count
Employee Count
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Products & Services of Starspeed
Starspeed offers a comprehensive portfolio of products and services, including Isolation Hotel Management Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing isolation hotels is provided efficiently.
Funding Insights of Starspeed
Starspeed has successfully raised a total of $2.97M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $2.97 million completed in June 2021. 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 1
- Last Round Angel Round — $3.0M
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First Round
First Round
(07 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Angel Round - Starspeed | 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 Starspeed
Starspeed has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Inno Angel Fund and Eagles Fund. 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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Early-stage venture capital investments are managed by the fund.
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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 |
| 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 Starspeed
| 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 - Starspeed
| 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 |
Starspeed Comparisons
Competitors of Starspeed
Starspeed 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 Shenzhen Pudu Technology, IMEE and Hotel Information Technology, 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 |
Indoor catering robots for delivery tasks are provided.
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| domain | founded_year | HQ Location |
Autonomous robots for hospitality delivery services are developed.
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| domain | founded_year | HQ Location |
Staff-less hotels are managed through automated check-in and services.
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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 Starspeed
When was Starspeed founded?
Starspeed was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Starspeed located?
Starspeed is headquartered in China.
Who is the current CEO of Starspeed?
Yao Jincheng is the current CEO of Starspeed. They have also founded this company.
Is Starspeed a funded company?
Starspeed is a funded company, having raised a total of $2.97M across 1 funding round to date. The company's 1st funding round was a Angel Round of $2.97M, raised on Jun 07, 2021.
What does Starspeed do?
A software solution for managing isolation hotels is provided by Starspeed. The platform is designed to streamline operations in the hospitality sector, focusing on specialized needs for isolation facilities. Efficient tools and features are included to support management tasks.
Who are the top competitors of Starspeed?
Starspeed's top competitors include Shenzhen Pudu Technology, IMEE and Hotel Information Technology.
What products or services does Starspeed offer?
Starspeed offers Isolation Hotel Management Platform.
Who are Starspeed's investors?
Starspeed has 2 investors. Key investors include Inno Angel Fund, and Eagles Fund.