On December 21, Home Media exclusively learned that the soft decoration supply chain platform Quan 5.com has completed the B2 round of financing, with a total amount of over 100 million yuan, which is exclusively invested by Engage Capital. This is also the first time that Quan 5.com completed the second round of financing in 2020.

Zhou Zhisheng, founder of Quan 5.com, said that this financing will be used to further build the depth of the supply chain and the breadth of the market.

Quan 5.com was established in 2016. Previously, it completed 5 rounds of financing at one to two rounds a year. Old shareholders include Southern Raytai, Oriental Fortune, Xianfeng K2VC, Galaxy  Capital, Zhen Fund, Meijiabang, Fosun RZ Capital etc.

Since 2018, Quan 5.com has started to grow rapidly and achieved profitability. In 2019, the company's GMV reached 450 million, an increase of 66.67% from the previous year's 270 million, and achieved a profit of 4.8 million; in 2020, the GMV is expected to exceed 550 million.

At present, Quan 5.com has developed from soft-fitting supply chain to a one-stop service provider of home soft-fitting solutions, and has begun to empower small B through the supply chain to help the industry to upgrade to the new retail direction.

Currently, there are more than 5,000 whole-house premium service installation companies, including many head-installation companies; nearly 100 offline experience stores with an area of more than 2,000 square meters have been opened to serve the growing small B channels more closely.