# Grosfairy

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

- Industry: Food
- Headquarters: Shanghai, China
- Website: www.grosfairy.com
- Total disclosed funding: $1M
- Latest round: Angel (Apr 1, 2015)
- Investors on record: 1

## About

Grosfairy specializes in providing advanced technological solutions aimed at enhancing operational efficiency across various sectors, focusing on data analytics, process automation, and workflow management.Grosfairy, headquartered in Shanghai, China, operates as a technology solutions provider that enhances business operations. The company was founded by Ling Cao, who has a background in technology entrepreneurship. Grosfairy raised CNY 6.000 mn in an Angel funding round from Qingcong Capital on April 27, 2016, marking its entry into the investment landscape. The total capital raised to date stands at CNY 6.000 mn, with two notable deals reported.Grosfairy offers a range of technological solutions that improve operational efficiencies across multiple sectors. Its product portfolio includes software platforms that support data analytics, process automation, and workflow management. These solutions are tailored to address the specific challenges faced by businesses in healthcare, finance, and logistics, and are marketed across North America, Europe, and select Asian markets.The revenue model of Grosfairy is based on a subscription framework, enabling clients to access their software solutions for a recurring fee. This model generates a consistent income through annual or monthly subscriptions, which vary according to the level of service and features provided. Clients engage in agreements that include both standard and premium service tiers, with the latter offering enhanced functionalities and support. Additionally, Grosfairy collaborates with other technology providers to extend its market reach and service offerings, driving revenue through these structured transactions.Grosfairy is focused on launching new products designed to enhance operational capabilities, with specific release dates to be announced. The company aims to expand into new geographical markets, including additional regions in Asia and Europe, by the end of 2023. The recent funding of CNY 6.000 mn will be utilized to support these initiatives, enabling Grosfairy to invest in product development and market entry strategies.

## Funding rounds

- Angel, Apr 1, 2015, $1M — Qingcong Capital

## Investors

- Qingcong Capital (https://capitalatlas.ai/funds/qingcong-capital) — Angel