WEPLUS

Shanghai, China Founded: 2016 • Age: 10 yrs

About WEPLUS

WEPLUS was 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. Its chief executive is Allen Lau. The company is recorded as dissolved. Its competitors include WeWork, MyDreamPlus, Krypton Space, Naked Hub and CIC and 4 more; 7 of its 9 listed competitors have raised funding.

  • Headquarters Shanghai, China
  • Founders Allen Lau, Sampson Ho
  • Website weplus.com
  • Social Facebook
Key Metrics
  • Total Equity Funding
    $11.76M (USD)

    in 1 rounds

  • Latest Funding Round
    $11.76M (USD), Series A

    Nov 2016

  • Investors

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 $11.76M
  • Total Rounds 1
  • Last Round Series A β€” $11.76M
  • First Round $11.76M

    (Nov 2016)

  • Investors Count 3

All 1 funding rounds of WEPLUS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2016$11.76MSeries A––
Valuation history

3 investors in total: 3 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in early-stage tech startups
–gobi.vcKuala Lumpur, Malaysia
A venture capital firm based in Shenzhen, China, is operated.
–sharecapital.cnShenzhen, China
Early-stage tech and energy investments in China are focused on.
–ecc-capital.comBeijing, China
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Investor details for WEPLUS

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 WEPLUS

2 people are tracked at WEPLUS (2 in leadership).

NameRoleGroup
Allen Lau
Co-Founder, CEOLeadership
Sampson Ho
Co-Founder, Managing DirectorLeadership
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Complete people profiles for WEPLUS

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of WEPLUS

2 dated milestones of WEPLUS, from founding to its latest funding, stage changes and deals.

  1. Founded WEPLUS is founded.
  2. Funding First funding round of $11.8M.

Competitors of WEPLUS

WEPLUS has 9 listed competitors in our database, 7 of them funded. They include WeWork, MyDreamPlus, Krypton Space, Naked Hub and CIC, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wework.com2010New York, United States$12.75B514
Flexible office and coworking spaces are provided by WeWork globally.
mydreamplus.com2015Beijing, China$194M–
Managed shared workspaces are provided online for entrepreneurs and freelancers.
krspace.cn2014Beijing, China$283.11M–
Provides managed co-working spaces tailored for freelancers and enterprises to enhance productivity.
nakedhub.com2015Shanghai, China$33M–
Provider of managed co-working spaces
cic.com1999Cambridge, United States–230
Managed co-working spaces are provided for startups, corporations, and individuals.
wujiespace.com2015Beijing, China$14M–
Co-working spaces and conference rooms are provided in Chinese cities.
5lmeet.com2015Beijing, China$91.35M–
Develops co-living and co-working spaces for modern lifestyles.
3wcoffee.com2013Beijing, China––
Co-working spaces and funding support are provided for startups.
nashwork.com2008Beijing, China$143.88M–
Operates a chain of managed co-working spaces for professionals.
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Detailed competitors of WEPLUS

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about WEPLUS

WEPLUS was founded in 2016.

WEPLUS is headquartered in Shanghai, China.

Allen Lau is the current CEO of WEPLUS. They have also founded this 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 2016.

WEPLUS's top competitors include WeWork, MyDreamPlus and Naked Hub.

WEPLUS has 3 investors. Key investors include Gobi Partners, Share Capital, and ECC Capital.

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