# Chenengdai

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

- Industry: Financial Services
- Headquarters: Ningbo, China
- Website: www.chenengdai.com
- Total disclosed funding: $2M
- Latest round: Angel (Apr 22, 2015)
- Investors on record: 2

## About

Chenengdai is a technology firm that focuses on providing innovative software solutions to enhance operational efficiencies across various sectors, including healthcare, finance, and manufacturing.Chenengdai operates from Ningbo, China, and specializes in software applications designed for workflow optimization and data management. The company received funding in the Series A round on November 20, 2016, raising RMB 100 million (approximately USD 15.43 mn) co-led by Shenzhen JingYi Investment Management Co., Ltd. The founder's background is not detailed; however, the company has successfully completed a total of 3 deals.Chenengdai offers a suite of software applications aimed at improving collaboration, streamlining workflows, and optimizing data management for industries such as healthcare, finance, and manufacturing. These products have gained traction among small to medium-sized enterprises and large corporations, with significant market reach across North America, Europe, and parts of Asia.The company's revenue model is based on a subscription pricing structure, allowing clients to pay a recurring fee for access to its software solutions and support services. Clients typically engage in annual contracts with various service tiers, securing a stable revenue stream that facilitates ongoing investment in product development and customer service enhancements.Following the Series A funding round in November 2016, Chenengdai plans to leverage the RMB 100 million raised to enhance its product offerings and expand into new markets. The company is working on launching new features and software solutions expected to roll out in the coming years, as well as targeting increased penetration in the Asian market by 2025.

## Funding rounds

- Angel, Apr 22, 2015, $2M — Peeli Ventures, Feima

## Investors

- Peeli Ventures (https://capitalatlas.ai/funds/peeli-ventures) — Angel
- Feima — Angel