Weisheng

Weisheng

Leading the enterprise WeChat SCRM track to help make good use of enterprise WeChat for growth.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
*

CNY300m

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth--111 %67 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Weisheng
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Jiangsu Weisheng Network Technology Co., Ltd., operating under the brand Weisheng (微盛), was established in 2015. The company has positioned itself as a key service provider within the Tencent ecosystem, focusing on solutions for WeChat. Since its inception, Weisheng has garnered significant strategic investments, notably from a Tencent-affiliated company in 2018, followed by a Series A funding round in 2020 with backing from both Tencent and Sequoia. This financial support continued with an additional A+ round from the same investors in 2021 and a subsequent RMB 300 million in B1 and B2 rounds in 2022, which included a fourth capital increase from Tencent.

Weisheng's core business revolves around providing enterprises with a one-stop solution for customer operations based on WeCom (Enterprise WeChat). Its flagship product, Qiwei Guanjia (企微管家), is a SaaS-based Social Customer Relationship Management (SCRM) platform developed for WeCom. This platform enables businesses to manage customer interactions, automate marketing processes, and integrate various communication channels like advertising and live streaming to capture and nurture leads. The company serves a broad client base, having worked with over 150,000 enterprises, with more than 30,000 being paying users across more than 100 industries. Its revenue model is primarily subscription-based, offering access to its SCRM platform and value-added services.

The company's offerings are designed to enhance both external growth and internal efficiency for its clients. Externally, the SCRM product helps businesses build their private traffic pools, improve customer conversion rates, and create a closed loop for transaction services. Internally, it assists with the implementation of WeCom's native functions for meetings and documents, integrates with existing internal IT systems, and provides custom development to improve collaborative efficiency. Beyond the core software, Weisheng provides a suite of services including consulting, operational support, technical development, and training to help businesses fully leverage the WeCom ecosystem.

Keywords: Jiangsu Weisheng, wshoto, WeCom, Enterprise WeChat, SCRM, SaaS, Tencent ecosystem, private domain traffic, customer relationship management, marketing automation, lead generation, digital transformation, social commerce, WeChat marketing, client management, B2B services, Qiwei Guanjia, enterprise software, Chinese tech, Sequoia Capital

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