About Wesai
Wesai is a company based in Beijing (China) founded in 2015. It operates as a B2C. Wesai has raised $40.63 million across 3 funding rounds from investors including Tencent, 500 Lottery Network and Detong Capital. Wesai operates in a competitive market with competitors including Eventbrite, Ticket Master, Damai, Gewara and Hdb, among others.
- Headquarter Beijing, China
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Sectors
Media & Entertainment
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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
$40.63 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Tencent
& 7 more
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Employee Count
Employee Count
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Funding Insights of Wesai
Wesai has successfully raised a total of $40.63M 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(25 Mar 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - Wesai | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Wesai | Valuation |
investors |
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| Mar, 2016 | Amount | Series A - Wesai | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Wesai
Wesai has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, 500 Lottery Network and Detong 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 | |
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Venture Capital firm focused on multiple sectors
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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 Wesai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Wesai
| 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 |
Wesai Comparisons
Competitors of Wesai
Wesai 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 Eventbrite, Ticket Master, Damai, Gewara and Hdb, 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 |
Platform for discovering and purchasing tickets for events
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| domain | founded_year | HQ Location |
Events discovery and ticket booking platform
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| domain | founded_year | HQ Location |
Online event ticketing platform
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| domain | founded_year | HQ Location |
Online event ticketing services for concerts and sports are provided.
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| domain | founded_year | HQ Location |
Online platform for publishing and booking events and activities
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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 Wesai
When was Wesai founded?
Wesai was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Wesai located?
Wesai is headquartered in Beijing, China.
Is Wesai a funded company?
Wesai is a funded company, having raised a total of $40.63M across 3 funding rounds to date. The company's 1st funding round was a Series A of $40.63M, raised on Mar 25, 2016.
What does Wesai do?
Wesai, backed by 40626600.0 from Detong Capital, Legend Capital, Wanrong Capital, Tencent, China Media Capital, China Cultural Industry Investment Fund, Trends Media Group, 500 Durians, focuses on providing entertainment content, events, ticketing, and sports events. Functions as an event ticketing platform specialized in sports events. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of Wesai?
Wesai's top competitors include Eventbrite, Ticket Master and Damai.
Who are Wesai's investors?
Wesai has 8 investors. Key investors include Tencent, 500 Lottery Network, Detong Capital, Legend Capital, and Wanrong Capital.