About Woqu Information Technology
Woqu Information Technology is a company based in Shanghai (China) founded in 2015. Woqu Information Technology has raised $185.67 million across 4 funding rounds from investors including Tencent, CICC and Qiming Venture Partners. Woqu Information Technology operates in a competitive market with competitors including When I Work, SINC, Toggl, Truein and Timely, among others.
- Headquarter Shanghai, China
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Sectors
Technology
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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
$185.67 M (USD)
in 4 rounds
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Latest Funding Round
$140 M (USD), Series D
Jan 08, 2021
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Investors
Tencent
& 4 more
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Employee Count
Employee Count
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Funding Insights of Woqu Information Technology
Woqu Information Technology has successfully raised a total of $185.67M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $140 million completed in January 2021. 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 4
- Last Round Series D — $140.0M
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First Round
First Round
(01 Aug 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series D - Woqu Information Technology | Valuation | CICC | |
| Nov, 2018 | Amount | Series B - Woqu Information Technology | Valuation | DCM Ventures , Qiming Venture Partners |
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| Feb, 2018 | Amount | Series A - Woqu Information Technology | Valuation |
investors |
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Investors in Woqu Information Technology
Woqu Information Technology has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, CICC and Qiming Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China.
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Founded Year | Domain | Location |
Investments & Acquisitions by Woqu Information Technology
Financial Statements - Woqu Information Technology
Woqu Information Technology Comparisons
Competitors of Woqu Information Technology
Woqu Information 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 When I Work, SINC, Toggl, Truein and Timely, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Employee scheduling and time tracking software
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| domain | founded_year | HQ Location |
Online platform for job tracking and location monitoring is provided.
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| domain | founded_year | HQ Location |
Time tracking software is provided for project planning and monitoring.
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| domain | founded_year | HQ Location |
Truein is focused on providing time and attendance solutions for contract and multi-site workforces.
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| domain | founded_year | HQ Location |
Timely is recognized for providing automatic time tracking solutions.
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Latest news on Woqu Information Technology
Frequently Asked Questions about Woqu Information Technology
Woqu Information Technology was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Woqu Information Technology is headquartered in Shanghai, China.
Woqu Information Technology is a funded company, having raised a total of $185.67M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15.8M, raised on Aug 01, 2017.
Shanghai Woqu Information Technology provides an AI-based contingent workforce management software solution. The companys solutions include HR management, attendance management, payment management, workforce scheduling, HR compliance, etc. The company serves industries such as retail, restaurant, manufacturing, etc.
Woqu Information Technology's top competitors include When I Work, Toggl and Truein.
Woqu Information Technology has 5 investors. Key investors include Tencent, CICC, Qiming Venture Partners, DCM, and Lightspeed China Partners.