About WEPLUS
WEPLUS is a company based in Shanghai (China) founded in 2016 by Allen Lau and Sampson Ho.. WEPLUS has raised $11.76 million across 1 funding round from investors including Gobi Partners, Share Capital and ECC Capital. WEPLUS operates in a competitive market with competitors including WeWork, MyDreamPlus, Krypton Space, Naked Hub and CIC, among others.
- Headquarter Shanghai, China
- Founders Allen Lau, Sampson Ho
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.76 M (USD)
in 1 rounds
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Latest Funding Round
$11.76 M (USD), Series A
Nov 01, 2016
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Investors
Gobi Partners
& 2 more
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Employee Count
Employee Count
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Funding Insights of WEPLUS
WEPLUS has successfully raised a total of $11.76M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.76 million completed in November 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 Total Funding
- Total Rounds 1
- Last Round Series A — $11.8M
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First Round
First Round
(01 Nov 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - WEPLUS | 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 WEPLUS
WEPLUS has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Gobi Partners, Share Capital and ECC 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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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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A venture capital firm based in Shenzhen, China, is operated.
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Founded Year | Domain | Location | |
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Early-stage tech and energy investments in China are focused on.
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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 WEPLUS
| 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 - WEPLUS
| 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 |
Weplus Comparisons
Competitors of WEPLUS
WEPLUS 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 WeWork, MyDreamPlus, Krypton Space, Naked Hub and CIC, 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 |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Managed shared workspaces are provided online for entrepreneurs and freelancers.
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| domain | founded_year | HQ Location |
Provides managed co-working spaces tailored for freelancers and enterprises to enhance productivity.
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| domain | founded_year | HQ Location |
Provider of managed co-working spaces
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for startups, corporations, and individuals.
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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 WEPLUS
When was WEPLUS founded?
WEPLUS was founded in 2016.
Where is WEPLUS located?
WEPLUS is headquartered in Shanghai, China.
Who is the current CEO of WEPLUS?
Allen Lau is the current CEO of WEPLUS. They have also founded this company.
Is WEPLUS a funded company?
WEPLUS is a funded company, having raised a total of $11.76M across 1 funding round to date. The company's 1st funding round was a Series A of $11.76M, raised on Nov 01, 2016.
Who are the top competitors of WEPLUS?
WEPLUS's top competitors include WeWork, MyDreamPlus and Naked Hub.
Who are WEPLUS's investors?
WEPLUS has 3 investors. Key investors include Gobi Partners, Share Capital, and ECC Capital.