# Foremast

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.foremast.cn
- Latest round: Angel (May 1, 2014)
- Investors on record: 1

## About

Foremast specializes in providing innovative software solutions designed to enhance operational efficiency in logistics and supply chain management across various industries.Founded in 2014 and headquartered in Shanghai, China, Foremast focuses on developing advanced software platforms for supply chain management. The company has executed a total of 1 deal to date, with its most recent deal taking place on May 1, 2014. The company is led by Huajie Wang, who serves as both the Founder and CEO.Foremast focuses on delivering innovative solutions designed to optimize operational efficiency across various sectors. Their core product offerings include advanced software platforms tailored for supply chain management and logistical operations. These platforms provide end users with tools for real-time tracking, inventory management, and data analysis, facilitating seamless integration with existing systems. Targeted primarily at businesses in the manufacturing and retail sectors, Foremast has established a client base that spans multiple geographical markets, including North America and Europe. By addressing specific pain points in logistics and supply chain processes, the company aims to enhance productivity and reduce operational costs for its customers.Foremast generates revenue through a structured transactional model that includes both subscription-based services and partnership agreements. Clients engage with the company by subscribing to its software platforms, which offer various pricing tiers based on the scale and complexity of the services utilized. This includes access to premium features and continuous updates, ensuring that clients receive ongoing support and enhancements. Additionally, Foremast collaborates with industry partners to extend their market reach, facilitating direct sales to end consumers in retail and wholesale environments. The company’s flagship products serve as key revenue drivers, showcasing the potential for long-term client relationships and sustained financial growth.Foremast plans to leverage its recent Angel funding round from May 2014 to accelerate the development of new software products aimed at enhancing operational efficiency. Specific markets targeted for expansion include Europe and North America, with plans to enter these regions by the end of 2024. The company aims to utilize its funding to support product development and marketing initiatives, ensuring a robust entry into these strategic markets.

## Funding rounds

- Angel, May 1, 2014 — Fenghou Capital

## Investors

- Fenghou Capital (https://capitalatlas.ai/funds/fenghou-capital) — Angel