BOKA
Software and hardware service provider that provides internal system management solutions for companies in the beauty, hairdressing, and nail industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
$14.7m | Series B | ||
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 2 % | - | (16 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Shanghai Boka Software Technology Co., Ltd., operating as Boka Software, was established in Shanghai on June 9, 2004, by founder and CEO Wu Xinming. The company has carved out a niche by providing comprehensive, software-centric services primarily for the beauty and lifestyle sectors in China. It operates as a Software as a Service (SaaS) provider, delivering integrated solutions for beauty salons, hairdressers, nail salons, medical aesthetics clinics, and other lifestyle service businesses.
The company's business model is based on offering digital management and marketing support to a vast network of stores. Boka's product suite includes management software designed to streamline operations such as appointments, billing, inventory management, and customer relationship management. For instance, its "Smart Front Desk" product facilitates paperless operations and manages business workflows, while other systems are specifically tailored for establishments like yoga studios, focusing on appointment management. These solutions aim to enhance operational efficiency, digitize client interactions, and provide data-driven insights into business performance.
Over the years, Boka Software has secured significant financial backing. In September 2014, the company received a Series A investment of 30 million RMB. This was followed by a Series B round in August 2018, raising 100 million RMB from Koubei, an entity associated with Alibaba Group, highlighting investor confidence in its market position. By 2023, the company had served over 200,000 stores across China and obtained a national high-tech enterprise certification. Headquartered in Shanghai, Boka has expanded its presence with nearly 40 branch offices in major cities including Beijing, Guangzhou, and Shenzhen, ensuring localized and efficient service delivery to its clients nationwide.
Keywords: SaaS, beauty industry software, salon management, spa software, medical aesthetics clinics, lifestyle services, management software, digital solutions, appointment scheduling, CRM, inventory management, business workflow, POS system, China, client management, operational efficiency, B2B software, retail tech, salon POS