logo
logo

Weshine Raises $48M In Series B1, B2

Feb 24, 2022over 3 years ago

Amount Raised

$48 Million

Round Type

series b

Description

Weshine, which offers corporate account management solutions for business users on China’s ubiquitous messaging app WeChat, has closed 300 million yuan ($47.5 million) in its Series B1, B2 funding rounds led by investment firm IDG Capital.

Company Information

Company

Weshine

About

The startup has by far served over 150,000 enterprises, including more than 30,000 paying corporate users. Guangzhou-based Weshine, whose early investors include Tencent and Sequoia Capital China, provides clients with Software-as-a-Service (SaaS), consultancy, training, technological development, hardware, and related services to help them better utilise Tencent’s WeChat for business growth.

FundzWatch™ Score

69
Medium Activity

Buyer Intent Analysis

Get personalized insights on buying likelihood

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech