# Guangzhou Lvji Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guangzhou-lvji-technology-co

- Industry: Software
- Headquarters: Guangzhou, China
- Website: www.lvji.cn
- Total disclosed funding: $23M
- Latest round: Series D (Jun 21, 2019)
- Investors on record: 5

## About

Guangzhou Lvji Technology Co., Ltd. specializes in advanced tourism solutions, focusing on electronic guided tours and management systems for tourist attractions, enhancing visitor experiences and operational efficiency.Founded in 2013, Guangzhou Lvji Technology Co., Ltd. operates from Guangzhou, China, providing innovative solutions in the tourism sector. The company has successfully completed 7 deals, with its latest funding round being an IPO on January 17, 2020, raising HKD 747.72 million. Weizhong Zang is the founder of the company, contributing his expertise to its development.Guangzhou Lvji Technology Co., Ltd. specializes in developing advanced tourism solutions centered around its core offerings of electronic guided tours and comprehensive management systems for tourist attractions. The primary products include a user-friendly mobile application that provides detailed information and navigation for visitors, and a robust platform for park operators that enhances operational efficiency and visitor experience. These solutions cater to both tourists seeking seamless navigation and operators needing effective management and data analysis tools. The company serves a diverse client base, including cultural and historical sites, theme parks, and outdoor recreational areas, predominantly in markets across Asia, with notable expansion efforts in regions such as Southeast Asia and beyond.The revenue generation model of Guangzhou Lvji Technology Co., Ltd. is primarily based on a subscription structure for its software solutions, where clients such as tourism boards and park operators pay for access to the electronic guide and management systems. The pricing for these subscriptions varies based on deployment scale and included services, driving increased visitor engagement and satisfaction. Partnerships with travel agencies and direct sales to tourism operators are key to the company's revenue streams, supporting continuous growth in the smart tourism industry.Guangzhou Lvji Technology Co., Ltd. plans to leverage the HKD 747.72 million raised during their IPO in January 2020 to enhance its product offerings and expand into new geographic markets. The company is focusing on launching new features for its mobile application designed to improve user experience and is targeting expansion into Southeast Asia by the end of 2023. These initiatives aim to strengthen their position in the rapidly evolving tourism sector and facilitate the introduction of innovative solutions for clients.

## Funding rounds

- Series D, Jun 21, 2019 — Guangdong Technology Financial Group
- Series B, Mar 20, 2018, $19M — Qianhai Ark Capital, Pufeng Fund
- Series A, Jul 7, 2017, $3.7M — QF Capital, Beijing Jizhi Investment Management

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Series A
- Beijing Jizhi Investment Management — Series A
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series B
- Pufeng Fund — Series B
- Guangdong Technology Financial Group (https://capitalatlas.ai/funds/guangdong-technology-financial-group) — Series D