What is Meican?
Meican operates as a Software-as-a-Service (SaaS) provider, specializing in group catering technology. The company offers comprehensive catering solutions and delivery services tailored for corporate clients and their employees. Based in Beijing, China, Meican addresses the growing demand for efficient and streamlined corporate meal services, positioning itself as a key player in the enterprise food technology market. Its platform aims to simplify the complexities of group catering, from ordering to delivery, ensuring a seamless experience for businesses and their workforce.
How much funding has Meican raised?
Meican has raised a total of $133M across 3 funding rounds:
Series B
$10M
Series C
$23M
Series E
$100M
Series B (2014): $10M with participation from Kleiner Perkins Caufield & Byers and Nokia Growth Partners
Series C (2015): $23M led by Dianping, Nokia Growth Partners, and Kleiner Perkins
Series E (2021): $100M supported by Centurium Capital
Key Investors in Meican
Centurium Capital
Centurium Capital is a leading investment firm focused on opportunities in the healthcare, hard technology, consumer, and enterprise services sectors. The company aims to drive transformation by fostering sustainable business models and competitive advantages among industry leaders.
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
Nokia Growth Partners
Nokia Growth Partners is an investment firm focused on early-stage technology companies. They provide capital and strategic guidance to help portfolio companies scale and achieve market leadership.
What's next for Meican?
With its recent Series E funding round, Meican is poised for significant scaling and market penetration. The substantial capital injection, following previous rounds including Series B and C, indicates strong investor confidence in the company's business model and its potential for sustained growth. This funding will likely be directed towards enhancing its technological infrastructure, expanding its service offerings, and potentially broadening its geographical reach. The strategic investment suggests a focus on solidifying its market leadership and exploring new avenues for innovation in the corporate catering technology space.
See full Meican company page
