Weitang
Developing diabetes management platform
About Weitang
Weitang, formerly known as Boyibang, operated as a digital health entity with a specific focus on the diabetes management sector. The company was established in 2012 and was headquartered in Shanghai, China. Weitang's business model revolved around providing a comprehensive digital platform designed for both individuals with diabetes and their healthcare providers.
The core of Weitang's offering was a mobile and online application that enabled users to meticulously track crucial health data. This included monitoring blood sugar levels, logging food consumption, recording physical exercise, and managing medication schedules. The platform's objective was to empower patients with tools for better self-management and to provide clinicians with valuable data to support treatment. A clinical study highlighted the application's efficacy, demonstrating that its use led to significant improvements in key health markers like HbA1c and blood glucose, as well as enhanced patient knowledge and self-care practices.
The company secured capital to support its operations, including a Series A funding round of $5 million in September 2014, followed by a subsequent Series B round. Despite its promising start and the clinical validation of its platform, publicly available investment data indicates the company is now out of business.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jan 2016 | $10M | $40M | Yidu Tech | — |
| ANGEL✓Equity / VC | Oct 2013 | $700K | $2.8M | Wu Jiong | — |
Growth signals
Latest recorded traffic for Weitang is 150 monthly website visits, down 25% over the last three months.
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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.
Seed1 investor entered at this stage
- WJWu Jiong
Series A1 investor entered at this stage
Yidu Tech
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Weitang 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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