Investments
29Funds
1
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Latest Bixin Capital News
Feb 5, 2023
Flatfee Closes $1.33M Pre-Seed Round for a Managed Marketplace for Global Administrative Services News Provided By Share This Article We help you expand internationally Flatfee (flatfeecorp.com) announces the close of a $1.33 million pre-seed financing round by Bixin Ventures to support rapid international expansion. Flatfee is uniquely positioned to enable even the smallest companies to expand with budget certainty.” — Ning Zhang, Flatfee’s CEO PALO ALTO, CALIFORNIA, UNITED STATES, February 14, 2022 / EINPresswire.com / -- Flatfee (flatfeecorp.com) announces the close of a $1.33 million pre-seed financing round by Bixin Ventures to support rapid international expansion. Flatfee is a back-office support marketplace that enables small to mid-sized companies (SMBs) to expand operations globally. Its customers include e-commerce sellers, digital goods merchants, and other globally operating companies. Flatfee's CEO Ning Zhang said “[t]raditional law firms, accounting firms, and HR companies do not support the fast-growing small business community that is rapidly going global. Flatfee is uniquely positioned to enable even the smallest companies to expand with budget certainty.” The pace of globalization for the physical and digital goods increased during the pandemic. The labor supply struggled to keep up and meet this demand and there is a clear need for reliable service providers in foreign countries. SMBs find themselves selling or hiring internationally without reliable legal, accounting, and HR infrastructure as they expand in other countries. Flatfee is focused on this unmet need. Bixin Capital’s partner Mustafa Yilham said “Flatfee gives clients simple, practical, and affordable solutions to aid their global expansion without breaking the bank or wasting valuable time identifying supporting teams. At the same time, it is creating an innovative platform and standardized managed service processes for the service industry freelancers around the globe.” Visit our website www.flatfeecorp.com to learn about how you can use Flatfee to support international growth. Ning Zhang
Bixin Capital Investments
29 Investments
Bixin Capital has made 29 investments. Their latest investment was in Flatfee as part of their Seed VC on February 2, 2023.

Bixin Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/3/2023 | Seed VC | Flatfee | $0.9M | No | Bixin Capital, and KungHo Fund | 3 |
11/25/2022 | Seed VC | Midnight | $7.5M | Yes | Bixin Capital, FJ Labs, Forte Labs, Overwolf Developer Fund, Shima Capital, SNACKCLUB, Undisclosed Angel Investors, Undisclosed Investors, and Woodstock Fund | 11 |
10/14/2022 | Seed VC | Gritti | $1.7M | Yes | 6 | |
7/12/2022 | Series A | |||||
6/17/2022 | Seed VC |
Date | 2/3/2023 | 11/25/2022 | 10/14/2022 | 7/12/2022 | 6/17/2022 |
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Seed VC | Series A | Seed VC |
Company | Flatfee | Midnight | Gritti | ||
Amount | $0.9M | $7.5M | $1.7M | ||
New? | No | Yes | Yes | ||
Co-Investors | Bixin Capital, and KungHo Fund | Bixin Capital, FJ Labs, Forte Labs, Overwolf Developer Fund, Shima Capital, SNACKCLUB, Undisclosed Angel Investors, Undisclosed Investors, and Woodstock Fund | |||
Sources | 3 | 11 | 6 |
Bixin Capital Fund History
1 Fund History
Bixin Capital has 1 fund, including Bixin Ventures Proprietary Capital Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Bixin Ventures Proprietary Capital Fund | 1 |
Closing Date | |
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Fund | Bixin Ventures Proprietary Capital Fund |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
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