About Wesai
Wesai was a Media & Entertainment company based in Beijing (China) founded in 2015. Functions as an event ticketing platform specialized in sports events. It operates on a B2C model. Wesai has raised $40.63 million across 3 funding rounds from investors including Tencent, 500 Lottery Network and Detong Capital. The company is recorded as dissolved. Its focus areas include Entertainment, Events, Ticketing and Sports Events. Its competitors include Damai, Gewara and Hdb; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Beijing, China
- SectorsMedia & Entertainment
- Website wesai.com
- Total Equity Funding$40.63M (USD)
in 3 rounds
- InvestorsTencent
& 7 more
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 $40.63M
- Total Rounds 3
- First Round $40.63M
(Mar 2016)
- Investors Count 8
All 3 funding rounds of Wesai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | Series A | – | – | ||
| Sep 2016 | Series A | – | – | ||
| Mar 2016 | $40.63M | Series A | – | – |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| dtcap.com | ||||
Venture Capital firm focused on multiple sectors | legendcapital.com.cn | Haidian, China | ||
| wr-capital.com | ||||
| chinamediacapital.com | ||||
Tech-focused VC firm investing primarily in China | chinacf.com | Beijing, China | ||
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
An online platform delivering the latest fashion news and trends. | 1993 | trends.com.cn | Chaoyang, China | |
Lottery games are offered via an online gambling platform. | 2001 | 500.com | Shenzhen, China |
Investor details for Wesai
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
Verified entity values are shown only after access is granted.
Timeline of Wesai
3 dated milestones of Wesai across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Wesai is founded.
- Funding First funding round of $40.6M.
- Funding Latest funding round, Series A,.
Competitors of Wesai
Wesai has 3 listed competitors in our database, 2 of them funded. They include Damai, Gewara and Hdb.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| damai.cn | 2004 | Beijing, China | $18.2M | Online event ticketing platform | ||
| gewara.com | 2007 | Shanghai, China | $52.49M | Online event ticketing services for concerts and sports are provided. | ||
| hdb.com | 2013 | Beijing, China | Online platform for publishing and booking events and activities |
Detailed competitors of Wesai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- 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 Wesai
Wesai was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Wesai is headquartered in Beijing, China.
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 2016.
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.
Wesai has 8 investors. Key investors include Tencent, 500 Lottery Network, Detong Capital, Legend Capital, and Wanrong Capital.