# Beijing Decibel Financial Services Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-decibel-financial-services-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.fenbeitong.com
- Total disclosed funding: $292M
- Latest round: Series C (Feb 17, 2022)
- Investors on record: 16

## About

Established in 2015 and based in Beijing, China, Beijing Decibel Financial Services Technology Co., Ltd. operates a system-as-a-software platform that focuses on business expenditure and reimbursement for enterprises and their employees. The company is headquartered in Beijing and has branches located in Shanghai, Shenzhen, Guangzhou, Hangzhou and Chengdu. In February 2022, it raised USD 140 million in series C+ funding led by DST Global.

The company's platform offers budget management, report analysis and expenditure approval through a mobile application and website. And it connects OA, HRM, CRM, financial system and ERP. Its solutions include business travel, benefits, corporate procurement, imprest, payment to public and expense reimbursement solutions. The company has many clients, such as De Zhuang, Haidilao and Landspace.

## Funding rounds

- Series C, Feb 17, 2022, $140M — Emergence Capital, Eight Roads Ventures, DST Global, Whale Rock Capital Partners, Ribbit Capital, Glade Brook Capital Partners, D1 Capital Partners, BitRock Capital, GL Ventures, Stau, P7 Ventures
- Series C, Mar 16, 2021, $93M — Eight Roads Ventures, IDG Capital, Tencent Investment, Ribbit Capital, Glade Brook Capital Partners, GL Ventures
- Series B, Mar 10, 2020, $36M — Eight Roads Ventures, IDG Capital, Ribbit Capital, China Growth Capital, Glade Brook Capital Partners, CreditEase Wealth Management, BitRock Capital
- Series B, Jul 17, 2019, $12M — Bojiang Capital Management Group
- Series A, Sep 1, 2017, $6.2M — IDG Capital, China Growth Capital, CreditEase Wealth Management
- Series A, Jan 1, 2016, $4.6M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A, Series B
- CreditEase Wealth Management (https://capitalatlas.ai/funds/creditease-wealth-management) — Series A, Series B
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B, Series C
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series B, Series C
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series B, Series C
- BitRock Capital (https://capitalatlas.ai/funds/bitrock-capital) — Series B, Series C
- Tencent Investment — Series C
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series C
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series C
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C
- Whale Rock Capital Partners — Series C
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series C
- Stau — Series C
- P7 Ventures — Series C