Ucommune was initiated by Mr. Mao Daqing, a well-known real estate person. Sequoia Capital, Zhen Fund, Sinovation Ventures, Yirun Investment, Qingchuang Technology Control, Noah Wealth and other investment institutions have invested together. Many well-known domestic investors have invested in Ucommune.

Founded and founded by entrepreneurs.

On March 14, 2016, Ucommune announced that it had successfully completed an A+ round of financing of approximately RMB 200 million, with a valuation of nearly RMB 4 billion.