Urban youth community LEFULL receives undisclosed Series A in millions of USD
Founder: Luo Yi
Founded in: 2015
Financing status: Series A amounting to tens of millions in RMB (a few million in USD) in 2017
Urban youth community LEFULL on Saturday receives undisclosed Series A round in millions of USD to increase its efficiency in the management of an urban youth housing community.
LEFULL is an urban youth community that provides chic rental apartments with modern facilities for young people.
The community first helps real estate developers to complete the design and development of the apartments, and then follow up by providing value added services including leasing, store management, property cleaning, and some other community services. Then, it rents out these apartments based on its online platform and physical stores which can easily attract customers. It also provides consultation services.
Founded in 2015 in Beijing, LEFULL has so far opened 31 physical stores, and more than 13,000 apartments are under its management with an occupancy rate of 98 percent.
This Series A financing round was from Fosun Property, and the capital will be used to look for new partners to develop new apartments together, while improving its management efficiency through recruitment of new managers and establishing a standardized workflow.
Network monitoring services provider Yunzhihui receives USD 26 million for Series C
Founder: Liu Hongtao
Founded in: 2009
Financing status: RMB 179 million (USD 26 million) Series C financing in 2017
Network monitoring services provider Yunzhihui on Monday receives USD 26 million for its Series C round to enhance its network monitoring services.
Yunzhihui is a network monitoring services provider that helps its business customers monitor the performance of their websites based on its network monitoring tools. Its network monitoring services include providing monitoring tools to collect data from websites, and helps its customers analyze the data through different dimensions to make smarter business decisions.
Founded in 2009 in Beijing, its has a team with more than 200 members, and its research and development team amounts to over 120 members. It charges an average of RMB 1 million to each of its customers.
This Series C financing round was led by CBC Capital, and other investors include SIG and Sequoia Capital. Yunzhihui plans to use the fund to enhance its network monitoring services to improve its customers’ efficiency to make business decisions, as well as expanding its sales team to acquire a larger market share.
(Top photo from 58pic.com)