About Worry-free
Worry-free is a company based in Shenzhen (China) founded in 2015.. Worry-free has raised $5.41 million across 2 funding rounds. Worry-free operates in a competitive market with competitors including Deliveroo, Dianda, Linqu, Kaishisong and Takeout Group, among others.
- Headquarter Shenzhen, China
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Sectors
Transportation, Automotive & Logistics
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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
$5.41 M (USD)
in 2 rounds
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Latest Funding Round
$3.93 M (USD), Series A
May 18, 2018
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Investors
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Employee Count
Employee Count
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Funding Insights of Worry-free
Worry-free has successfully raised a total of $5.41M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.93 million completed in May 2018. 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 2
- Last Round Series A — $3.9M
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First Round
First Round
(01 Jun 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - Worry-free | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Worry-free | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Worry-free
| 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 - Worry-free
| 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 |
Worry-Free Comparisons
Competitors of Worry-free
Worry-free 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 Deliveroo, Dianda, Linqu, Kaishisong and Takeout Group, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Online platform for delivery services
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Hyperlocal delivery from local restaurants and grocery stores within 3 km radius
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| domain | founded_year | HQ Location |
App-based solution for concierge hyperlocal delivery services
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| domain | founded_year | HQ Location |
Offers a cloud-based dispatching and ordering platform for the food delivery market.
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| domain | founded_year | HQ Location |
A mobile app for convenient ordering from local stores.
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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 Worry-free
When was Worry-free founded?
Worry-free was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Worry-free located?
Worry-free is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Is Worry-free a funded company?
Worry-free is a funded company, having raised a total of $5.41M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.48M, raised on Jun 01, 2017.
What does Worry-free do?
An online platform known as 51bangbang was established in 2015 in Shenzhen, China, to handle local pickup and delivery services. Requests for pickups from shops and convenience stores are processed through the app, where drivers are trained by the platform. Customer feedback is collected via ratings on the mobile application, available for iOS and Android as of December 2017. Operations focus on the logistics sector within urban areas.
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