inDeco
inDeco领筑智造
inDeco (领筑智造) is a Beijing-based provider of one-stop internet-enabled commercial-space renovation solutions, founded in 2016 under parent company Yige Gongzhuang (Beijing) Co., Ltd. It positions itself as an "industrial internet" player using data and technology to restructure the traditional public-decoration supply chain, offering integrated services spanning spatial design, material matching, product selection, and construction-process management.
The company emerged as a notable venture-backed name in China's internet public-decoration sector during 2018–2020, raising what was then the industry's largest disclosed financing: a nearly RMB 110 million combined Series A and B in 2018–2019 led by Source Code Capital, with ZhenFund, Nest.Bio Ventures, and others participating, followed by a $20 million Series C in April 2020 led by Eight Roads (斯道资本) with strategic follow-ons from BASF and Saint-Gobain. Source Code Capital, whose partner Xingchen Zhang has held a board seat, has backed inDeco across multiple rounds. As of early 2020, the team numbered roughly 260, with R&D staff at about 20%.
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Coverage
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The company serves nearly 1,000 clients, with 70% being post-Series A companies or those generating annual revenue exceeding RMB 20 million.
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Source Code Capital portfolio company inDeco raises $20 million Series C, with existing backer Source Code Capital increasing its stake
It raised three rounds of funding in just a year and a half, totaling 240 million yuan.
Unlocking Real Estate Aftermarket Potential Through Industrial Internet | Source Code Capital Insights
Three converging waves: post-property traffic shifting from B2C-led to B2B-led, "one-stop procurement" reducing decision points, and prefabrication comprehensively reshaping the industry chain.
Internet public-decoration company **inDeco** announced the completion of a nearly 110 million yuan Series A and B financing round, with **Source Code Capital** leading the Series A.
In two years, it has served nearly 1,000 enterprises.
