# Beijing Yufu Technology Services Co.

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

- Industry: Business Support Services
- Headquarters: Beijing, China
- Website: www.yufuid.com
- Total disclosed funding: $1.5M
- Latest round: Angel (Apr 1, 2016)
- Investors on record: 2

## About

Beijing Yufu Technology Services Co., Ltd. specializes in Identity as a Service (IDaaS) solutions, providing secure identity management tailored for various industries, enhancing user experience and access control.Founded in 2015 in Beijing, China, Beijing Yufu Technology Services Co., Ltd. offers IDaaS solutions. The company has completed 2 deals, with its latest funding round being an Angel round on May 4, 2017, where it raised CNY 10.000 mn from investors Frees Fund and MPC. The company is led by CEO Yang Shi.Beijing Yufu Technology Services Co., Ltd. specializes in providing comprehensive Identity as a Service (IDaaS) solutions for industries such as finance, healthcare, and retail. Their platform enhances identity management processes, ensuring secure access while improving user experience. Key features include single sign-on (SSO), multi-factor authentication (MFA), and user provisioning, addressing identity verification and access control challenges faced by enterprises. The company targets mid-sized to large organizations, primarily marketing its products in North America and Europe, where regulatory standards demand scalable identity solutions.The revenue model of Beijing Yufu Technology Services Co., Ltd. is based on a subscription plan, allowing clients to access identity management solutions regularly. Clients engage in annual or monthly subscriptions, with pricing linked to user numbers and service levels. Larger enterprises may choose premium packages that offer advanced features and support. Collaborations with software vendors and integration service providers further enhance revenue opportunities through referrals and bundled offerings, fostering long-term B2B relationships.Beijing Yufu Technology Services Co., Ltd. plans to expand its product offerings with new features aimed at enhancing the current IDaaS solutions, though specific details and timelines for these releases have not been disclosed. The company intends to explore new markets, particularly in regions with high regulatory demands, by 2025. The CNY 10.000 mn raised in the Angel funding will be utilized to support these initiatives and facilitate market expansion efforts.

## Funding rounds

- Angel, Apr 1, 2016, $1.5M — Frees Fund, MPC

## Investors

- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Angel
- MPC — Angel