Founded in December 2015 by Mark Yang and Anna Xu, Hike Capital goes beyond traditional financing, acting as a mentor to new entrepreneurs and providing strategic guidance. The firm's expertise in strategic management, gained from the founders' success in the Internet development field, enables them to assist startups in navigating industry trends and achieving success. Hike Capital focuses on investments ranging from Pre-A to Series C rounds, primarily in information technology, consumer upgrade, and transportation companies. Notable companies backed by Hike Capital include Guazi.com, CHJ Automotive, Flash EX, Baby English, Huohua, and Downstairs.