# BizArk

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bizark

- Industry: Internet
- Headquarters: Nanjing, China
- Website: www.thebizark.com
- Total disclosed funding: $42M
- Latest round: Series B (Sep 29, 2015)
- Investors on record: 2

## About

BizArk is a company dedicated to providing innovative business solutions through advanced software platforms that enhance project management, CRM, and data analytics for businesses of all sizes.Founded by Neil Zhou, BizArk operates out of Nanjing, China, specializing in software solutions that streamline business operations. The company raised CNY 15.000 mn in its latest funding round, a Series B, which took place on 28 September 2017, securing investment from Jolmo Capital. BizArk has successfully completed four deals since its inception.BizArk specializes in innovative solutions designed to streamline business operations across various sectors. Central to their offerings are advanced software platforms that facilitate project management, customer relationship management (CRM), and data analytics. These tools are designed to improve efficiency and enhance decision-making capabilities for businesses ranging from small startups to large enterprises. The platforms aim to address common challenges such as resource allocation, client engagement, and performance tracking. They are particularly well-suited for industries like technology, retail, and manufacturing, with a client base that includes both B2B and B2C companies across North America and Europe. By providing tailored solutions that can be customized to meet specific business needs, BizArk positions itself as a key player in the competitive business services market.BizArk generates revenue primarily through a subscription-based model, offering multiple tiers of service to accommodate various customer needs. Clients typically engage with the company through annual or monthly subscriptions that provide access to its suite of software products. Additionally, the company may offer premium services such as personalized support and advanced analytics tools, enhancing the value proposition for clients. Revenue streams are bolstered by partnerships with other businesses that integrate BizArk's solutions into their own offerings, creating a robust network of service providers. The pricing structure is designed to be competitive and transparent, allowing clients to select the plan that best fits their operational requirements. These strategic business transactions foster long-term relationships with clients, ensuring steady revenue growth.BizArk plans to launch new product features aimed at enhancing their existing software suite, with expected releases scheduled for late 2023. The company is targeting expansion into the Southeast Asian market by the end of 2024, leveraging recent investments to support this growth strategy. The funding from the Series B round will be utilized to enhance product development, marketing efforts, and to establish a foothold in the new geographic regions.

## Funding rounds

- Series B, Sep 29, 2015, $2.4M — Jolmo Capital
- Series A, Aug 30, 2010, $40M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Jolmo Capital (https://capitalatlas.ai/funds/jolmo-capital) — Series B