# Ancun.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ancun-com

- Industry: Business Support Services
- Headquarters: Hangzhou, China
- Website: www.ancun.com
- Total disclosed funding: $29M
- Latest round: Series A (Oct 30, 2016)
- Investors on record: 2

## About

Ancun.com is a technology company that enhances operational efficiency and customer engagement through innovative software solutions and consulting services tailored for various industries.Ancun.com, founded in 2008 in Hangzhou, China, focuses on providing advanced software solutions for data management and analytics. The company raised CNY 200 million in a Series A funding round on October 30, 2016, led by Yiyi Angel and joined by Yiling Capital. Ancun has one recorded deal and has achieved a current valuation of CNY 3,000 million.Ancun specializes in a range of products and services aimed at enhancing operational efficiency and customer engagement across various industries. Their core offerings include advanced software solutions designed for data management and analytics, which are essential for businesses to make informed decisions based on real-time insights. These solutions cater to sectors such as retail, finance, and healthcare, where precise data processing and analysis are critical for improving service delivery and operational workflows. In addition, Ancun provides tailored consulting services to assist clients in implementing and optimizing these software solutions, ensuring they meet specific organizational needs. Their products are primarily marketed in North America and Europe, targeting a diverse clientele that spans small to medium-sized enterprises and large corporations looking to enhance their data capabilities.Ancun generates revenue through a multifaceted transaction structure that includes subscription-based services and direct partnerships with clients. The company engages in B2B transactions, offering its software solutions as a subscription service, allowing clients to access and use the software on a recurring basis. This model ensures clients receive continuous updates and support, enhancing their experience and satisfaction. Ancun also forms partnerships with various industry stakeholders, which helps expand its market reach and integrate its services into broader business ecosystems. While specific pricing plans or revenue figures are not disclosed, flagship products in their suite are expected to command competitive pricing reflective of the value provided to clients.Ancun.com plans to leverage its recent Series A funding of CNY 200 million, raised on October 30, 2016, to support future growth initiatives. The company aims to develop and launch new software products designed for enhanced data analytics by Q4 2023, targeting the retail and finance sectors for initial releases. Additionally, Ancun seeks to expand its operations into Southeast Asia and Europe, aiming for market entry by the end of 2024. By investing in these new product developments and geographical expansions, Ancun intends to strengthen its market position and enhance its service offerings.

## Funding rounds

- Series A, Oct 30, 2016, $29M — Yiyi Angel, Yiling Capital

## Investors

- Yiyi Angel — Series A
- Yiling Capital (https://capitalatlas.ai/funds/yiling-capital) — Series A
