About this raise
SupChina, with a valuation of $41.5 million, is raising funds on Wefunder. It is a multimedia and business platform that helps the world understand China better by covering all the news about the country. The omni-platform covers China without fear or favor and lets the world know about its business, culture, politics, and society. SupChina reported a 55% year-over-year subscription revenue growth over the past three years, an 86% subscription renewal rate, and over 3 million monthly web, social, and video audiences. Anla Cheng founded SupChina in August 2015. The current crowdfunding campaign has a minimum target of $50,002 and a maximum target of $3.5 million. The campaign proceeds will be used for content, data and analytics, sales and marketing, technology and product development, and general admin expenses.
Investment Overview
Invested : $995,688
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/02/2022
- Close Date
- 11/01/2023
$50,002
$3,499,998
$500
Equity - Common
Seed
RegCF
$2.54
$41,453,216
Company & Team
Company
- Year Founded
- 2015
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +103% YoY
- $1,078,197
- Monthly Burn
- $165,906
-
Runway
- 0.4 months
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $8,580,800
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.