# Beijing Shihui Technology Co.

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

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.nicetuan.net/
- Total disclosed funding: $372M
- Latest round: Series C (Nov 30, 2020)
- Investors on record: 13

## About

Based in Beijing, China, Beijing Shihui Technology Co., Ltd. specializes in providing advanced technology solutions that enhance operational efficiency and customer engagement across various sectors, primarily catering to small and medium-sized enterprises.Beijing Shihui Technology Co., Ltd. is a technology firm founded in 2018 in Beijing, China. The company focuses on developing innovative products that address market needs and has completed a total of 8 deals. The firm raised USD 750.00 mn in its latest funding round on March 28, 2022, with notable investors including Alibaba Group and DST Global. The CEO and founder, Peng Wang, has a history in the technology sector.The company offers a suite of innovative products designed to address specific market needs in various sectors. Their core offerings include advanced technology solutions that enhance operational efficiency and customer engagement for businesses. These products are engineered to solve challenges such as workflow automation, data analytics, and customer relationship management, primarily catering to industries like retail, healthcare, and logistics. Their solutions are marketed and deployed in North America, Europe, and parts of Asia, reflecting a commitment to serving a diverse range of end-users across different regions.The company's revenue generation model is structured around a combination of subscription-based services and direct sales of its flagship products. Clients engage in transactions through annual subscriptions or one-time purchases, providing a steady revenue stream while fostering long-term relationships. The firm’s revenue is driven by a blend of recurring subscriptions and transactional sales, ensuring robust financial health aligned with growth strategies.In March 2022, Beijing Shihui Technology Co., Ltd. discontinued its operations.

## Funding rounds

- Series C, Nov 30, 2020, $196M — CDH Investments, Qiming Venture Partners, China International Capital Corporation, Alibaba Group, Joy Capital, Jeneration Capital, Shanhai Capital, INCE Capital, Cygnus Equity, Jiyuan Capital
- Series C, Jul 29, 2020, $80M — CDH Investments, Minyin Capital, INCE Capital, Jiyuan Capital
- Series C, May 30, 2020, $81M — Qiming Venture Partners, Joy Capital, INCE Capital, Cygnus Equity, Jiyuan Capital
- Angel, Aug 21, 2018, $15M — Qiming Venture Partners, ZhenFund, Joy Capital, Beijing WoAiXiaoCheng Technology Company Limited

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Angel, Series C
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel
- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Angel, Series C
- Beijing WoAiXiaoCheng Technology Company Limited — Angel
- INCE Capital (https://capitalatlas.ai/funds/ince-capital) — Series C
- Cygnus Equity (https://capitalatlas.ai/funds/cygnus-equity) — Series C
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series C
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C
- Minyin Capital (https://capitalatlas.ai/funds/minyin-capital) — Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series C
- Alibaba Group — Series C
- Jeneration Capital (https://capitalatlas.ai/funds/jeneration-capital) — Series C
- Shanhai Capital (https://capitalatlas.ai/funds/shanhai-capital) — Series C