# Beijing Togo Technology Co.

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

- Industry: Transportation Services
- Headquarters: Beijing, China
- Website: www.mytogo.com
- Total disclosed funding: $64M
- Latest round: Series B (Oct 8, 2018)
- Investors on record: 4

## About

Beijing Togo Technology Co., Ltd. is a technology firm focused on developing software solutions that enhance operational efficiency in businesses across multiple sectors, primarily through ERP and CRM systems.Founded in 2015 and headquartered in Beijing, China, Beijing Togo Technology Co., Ltd. specializes in software solutions for enterprises. The company has completed 6 investment deals, with its most recent funding round being Series B on October 8, 2018, where it raised USD 10.00 mn led by SIG Asia Investment, along with other investors such as Crescent Point and ZhenFund. The founder, Jiri Diblik, has a history of entrepreneurship, although details about prior ventures are not specified.The company specializes in innovative software solutions designed to streamline operational efficiency for businesses in various sectors. Their core product offerings include a robust enterprise resource planning (ERP) system and a customer relationship management (CRM) platform, both aimed at enhancing productivity and fostering better client engagement. The ERP system integrates key business functions such as inventory management, financial tracking, and supply chain optimization, enabling organizations to make data-driven decisions. The CRM platform assists businesses in managing customer interactions, facilitating sales processes, and improving customer satisfaction. These products primarily target mid-sized enterprises in North America and Europe, particularly in manufacturing, retail, and professional services.The company's revenue model is structured around a subscription-based framework, where clients pay recurring fees for access to its software solutions. Transactions typically occur annually, with clients selecting from various pricing tiers based on their operational size and required features. Mid-sized enterprises may opt for a standard subscription offering essential functionalities, while larger organizations might invest in premium plans including advanced analytics and custom integrations. Additionally, the company engages in B2B partnerships, collaborating with industry-specific distributors to expand market reach, ensuring a steady flow of revenue from both direct sales and partner channels.Following the Series B funding round in October 2018, which raised approximately USD 10.00 mn, Beijing Togo Technology Co., Ltd. plans to utilize these funds to enhance its product offerings and expand into new geographic markets. Upcoming product releases include advanced features for both the ERP and CRM platforms, aimed at improving user experience and functionality. The company is targeting expansion into South America and Southeast Asia by 2023, focusing on mid-sized enterprises in those regions.

## Funding rounds

- Series B, Oct 8, 2018, $10M — SIG Asia Investment, Crescent Point, ZhenFund
- Series B, Jan 2, 2018, $26M — SIG Asia Investment, Crescent Point, ZhenFund
- Series B, Oct 26, 2017, $22M — SIG Asia Investment, ZhenFund
- Series A, Apr 5, 2017, $5.8M — ZhenFund, Vc.cn

## Investors

- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A, Series B
- Vc.cn — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series B
- Crescent Point (https://capitalatlas.ai/funds/crescent-point) — Series B