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Candao
Candao is a catering system service provider
About Candao
Candao, registered as 餐道信息科技有限公司, was established in Guangzhou, China, on April 18, 2014. The company operates as a provider of integrated O2O solutions for the restaurant and retail industries in China. Its history can be traced back to a call center business unit for telephone food ordering that began in 2000, which launched its first-generation takeaway management system in 2008 before being spun off as the Candao brand in 2014. The CEO and co-founder is Li Zhenhong, who holds a bachelor's degree from the Chinese University of Hong Kong and an EMBA from Shanghai Jiao Tong University-University of Southern California.
Candao's core business revolves around its Software-as-a-Service (SaaS) platform, which provides omni-channel management for catering businesses. The company develops food delivery management systems, order management platforms, and distribution and logistics analytics systems. It serves major domestic and international restaurant chains, including McDonald's, Burger King, Häagen-Dazs, and Yoshinoya, helping them manage their food delivery operations. The business model is designed to support the increasing trends of food delivery, retail integration, and intelligent data utilization in the catering industry. In April 2019, the company secured Series A funding amounting to $14.9 million from investors including Beyond Ventures, Innovation and Technology Fund, and MFund.
The platform offers a suite of services including a delivery management system, a data mid-end, BI data analysis, and system hosting. It aims to act as a valuable data platform for the catering and retail sectors, allowing clients to focus on their core competencies while Candao handles the digital and operational aspects of their delivery and takeaway services. By providing these tools, Candao enables its clients to improve efficiency, make data-driven marketing decisions, and ultimately increase revenue and expand their operations.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Guangzhou, China
- Employees
- 80
- Open positions
- None listed
- Dealroom signal
- 68.8/100
- Industry
- Food
- Sub-industry
- Food Logistics & Delivery
- Sector
- Food, Information Technology, Catering, Retail, Accommodation
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Apr 2019 | $15M | $60M | Gaw Capital · Beyond Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Candao is 1.3K monthly website visits, down 97.5% over the last three months. Candao's team grew 1.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Gaw Capital- BVBeyond Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Candao on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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