# Beijing Laiya Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-laiya-network-technology-co

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.laiye.com
- Total disclosed funding: $201M
- Latest round: Series C (Apr 18, 2022)
- Investors on record: 13

## About

Beijing Laiya Network Technology Co., Ltd. is a Chinese company specializing in AI-driven intelligent automation solutions aimed at enhancing workforce efficiency across various sectors.Founded in 2015, Beijing Laiya Network Technology Co., Ltd. is based in Beijing, China, and focuses on intelligent automation solutions. The company has secured a total of USD 70.00 mn through its funding efforts, with the latest round being the Series C led by Hopu Investment Management. The firm has completed a total of 8 deals to date. Yichuan Hu is the founder of the company, contributing extensive experience to its innovative approach.Laiye specializes in intelligent automation solutions designed to enhance workforce efficiency through AI-driven tools and platforms. Its core product offerings include a comprehensive Work Execution System (WES), which integrates Robotic Process Automation (RPA) and AI capabilities to optimize operations across various industries, including healthcare, banking, logistics, and retail. The platform enables organizations to streamline workflows, reduce operational risks, and improve employee productivity by equipping each worker with AI Agents that assist in task completion. Laiye’s solutions cater to a diverse client base, including Fortune Global 500 companies and regional enterprises, and are marketed across multiple geographical areas, notably in Asia, Europe, and North America.Laiye generates revenue primarily through a subscription-based model, providing access to its suite of intelligent automation products and services. Clients typically enter into service agreements, which may involve tiered pricing structures based on the scale of deployment and the specific features utilized. Among its flagship offerings are its AI Agents and RPA solutions, which are packaged to meet various business needs, such as process automation and intelligent document processing. The company’s transactions often reflect long-term partnerships that include ongoing support and updates, ensuring that clients can effectively leverage Laiye’s technology for their operational requirements. Revenue is further supported by the firm’s commitment to client success, including performance guarantees that can enhance customer satisfaction and retention.Beijing Laiya Network Technology Co., Ltd. plans to enhance its product lineup with upcoming releases in AI-driven automation tools slated for early 2024. The company is targeting expansion into European markets and North America, aiming for a presence in these regions by late 2024. The funds from the Series C round will be allocated towards product development and market entry strategies, enabling the firm to capitalize on its recent acquisition by Sky 9 Capital.

## Funding rounds

- Series C, Apr 18, 2022, $70M — Lightspeed Venture Partners, Hopu Investment Management, VMS Group, Youshan Capital, Luminous Ventures
- Series C, Apr 21, 2021, $50M — Lightspeed Venture Partners, Hong Shan, Wu Capital, Ping An Global Voyager Fund, Shanghai Artificial Intelligence Industry Investment Fund
- Series C, Feb 24, 2020, $42M — Lightspeed Venture Partners, Cathay Capital, Wu Capital, Luminous Ventures
- Series B, Jun 27, 2019, $35M — Lightspeed Venture Partners, Cathay Capital
- Series B, Dec 21, 2017 — Lightspeed Venture Partners, Hong Shan, Wu Capital
- Series A, Dec 13, 2016 — Lightspeed Venture Partners, Hong Shan, Microsoft
- Angel, Sep 15, 2015, $4M — Lightspeed Venture Partners, Hong Shan, ZhenFund, Pros & Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Angel, Series A, Series B, Series C
- Hong Shan — Angel, Series A, Series B, Series C
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel
- Pros & Partners (https://capitalatlas.ai/funds/pros-partners) — Angel
- Microsoft — Series A
- Wu Capital — Series B, Series C
- Cathay Capital — Series B, Series C
- Luminous Ventures — Series C
- Ping An Global Voyager Fund (https://capitalatlas.ai/funds/ping-an-global-voyager-fund) — Series C
- Shanghai Artificial Intelligence Industry Investment Fund — Series C
- Hopu Investment Management — Series C
- VMS Group — Series C
- Youshan Capital (https://capitalatlas.ai/funds/youshan-capital) — Series C