About Yiweishi
Yiweishi is a Business Services company based in Shanghai (China) founded in 2014. On-demand laundry services including dry cleaning and ironing are provided. Yiweishi has raised $1.25 million across 2 funding rounds from investors including Xmfds. Its focus areas include Consumer, Local Services, Laundry and Asset-heavy. Its competitors include Duoxi, I Want Wash and Ppxiyi; 2 of its 3 listed competitors have raised funding.
Company details
Yiweishi was established in 2014 in Shanghai, China, within the consumer services sector. Operations are centered on a facility where laundry is processed on demand. Services encompass washing, dry cleaning, ironing, and related tasks for clothing items. The company serves customers primarily in the Shanghai region through its online domain, yiweishi.cn, facilitating convenient pick-up and delivery.
- Headquarters Shanghai, China
- SectorsBusiness Services
- Website yiweishi.cn
- Total Equity Funding$1.25M (USD)
in 2 rounds
- Latest Funding Round$781K (USD), Angel Round
Mar 2015
- Investors
Funding Insights of Yiweishi
Yiweishi has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $781 thousand completed in March 2015. 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 $1.25M
- Total Rounds 2
- Last Round Angel Round — $781,000
- First Round $468,000
(Feb 2015)
- Investors Count 1
All 2 funding rounds of Yiweishi 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 |
|---|---|---|---|---|---|
| Mar 2015 | $781,000 | Angel Round | – | – | |
| Feb 2015 | $468,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Yiweishi
Yiweishi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Xmfds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| xmfds.com |
Investor details for Yiweishi
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 Yiweishi
3 dated milestones of Yiweishi across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Yiweishi is founded.
- Funding First funding round of $468K.
- Funding Latest funding round, Angel Round, of $781K.
Competitors of Yiweishi
Yiweishi has 3 listed competitors in our database, 2 of them funded. They include Duoxi, I Want Wash and Ppxiyi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iduoxi.com | 2013 | Beijing, China | $8.51M | Laundry services are facilitated via an app-based O2O platform. | ||
| iwantwash.com | 2012 | Shanghai, China | $2.1M | Operates an online-to-offline platform for convenient laundry services. | ||
| ppxiyi.com | 2014 | Chengdu, China | Provides on-demand laundry services through a user-friendly platform. |
Detailed competitors of Yiweishi
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- Operating metrics
- Benchmarks
- Competitive positioning
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Frequently Asked Questions about Yiweishi
Yiweishi was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Yiweishi is headquartered in Shanghai, China.
Yiweishi is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $468K, raised on Feb 2015.
Yiweishi was established in 2014 in Shanghai, China, within the consumer services sector. Operations are centered on a facility where laundry is processed on demand. Services encompass washing, dry cleaning, ironing, and related tasks for clothing items. The company serves customers primarily in the Shanghai region through its online domain, yiweishi.cn, facilitating convenient pick-up and delivery.
Yiweishi's top competitors include Duoxi, I Want Wash and Ppxiyi.
Yiweishi has 1 investor. Key investors include Xmfds.