About Weilai Network Technology
Weilai Network Technology is a company based in Jinan (China) founded in 2018. It operates as a B2C. Weilai Network Technology has raised $1.45 million across 1 funding round from investors including China Private Capital. Weilai Network Technology operates in a competitive market with competitors including BistroChat, Gurunavi, Suwei, FeedMe Guru and SemiTrip, among others.
- Headquarter Jinan, China
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.45 M (USD)
in 1 rounds
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Latest Funding Round
$1.45 M (USD), Seed
Jul 19, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Weilai Network Technology
Weilai Network Technology has successfully raised a total of $1.45M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.45 million completed in July 2019. 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 Seed — $1.5M
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First Round
First Round
(19 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - Weilai Network Technology | Valuation | China Private Capital |
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| 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 Weilai Network Technology
Weilai Network Technology has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include China Private Capital. 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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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 Weilai Network Technology
| 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 - Weilai Network Technology
| 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 |
Weilai Network Technology Comparisons
Competitors of Weilai Network Technology
Weilai Network Technology 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 BistroChat, Gurunavi, Suwei, FeedMe Guru and SemiTrip, 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 |
Restaurant booking and loyalty platform is offered through mobile apps.
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| domain | founded_year | HQ Location |
Provider of local restaurant reservations solution
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| domain | founded_year | HQ Location |
Provides a SaaS solution for restaurants and a mobile app for seamless customer food ordering.
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| domain | founded_year | HQ Location |
An online platform for discovering and booking dining experiences at partnered venues.
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| domain | founded_year | HQ Location |
Online platform for making restaurant table reservations.
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| domain | founded_year | HQ Location |
Operates a digital hub for seamless restaurant table bookings.
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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 Weilai Network Technology
When was Weilai Network Technology founded?
Weilai Network Technology was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Weilai Network Technology located?
Weilai Network Technology is headquartered in Jinan, China. It is registered at Jinan, Shandong, China.
Is Weilai Network Technology a funded company?
Weilai Network Technology is a funded company, having raised a total of $1.45M across 1 funding round to date. The company's 1st funding round was a Seed of $1.45M, raised on Jul 19, 2019.
What does Weilai Network Technology do?
Weilai Network Technology provides an online platform for making table reservations at partnered restaurants through hospitality and technology, food services, reservation systems, and online booking. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Weilai Network Technology?
Weilai Network Technology's top competitors include Gurunavi, BistroChat and Taybl.
Who are Weilai Network Technology's investors?
Weilai Network Technology has 1 investor. Key investors include China Private Capital.