# Hangzhou Xunant Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hangzhou-xunant-network-technology-co

- Industry: Logistics & Distribution
- Headquarters: Hangzhou, China
- Website: www.xyitech.com
- Total disclosed funding: $4.4M
- Latest round: Series B (Nov 15, 2021)
- Investors on record: 5

## About

Hangzhou Xunant Network Technology Co., Ltd. is a technology firm focused on providing advanced software solutions to enhance business efficiency and data management across diverse industries.Founded in 2015 in Hangzhou, China, Hangzhou Xunant Network Technology Co., Ltd. develops innovative technological solutions tailored for various business needs. The company has successfully completed 2 funding rounds, with the latest being a Series A round in November 2021, raising USD 4.40 mn from investors including Gobi Partners, Panda Capital, Sequoia Capital, and Unity Ventures.Hangzhou Xunant Network Technology Co., Ltd. specializes in providing advanced technological solutions designed to address specific industry needs. The company’s core offerings include innovative software platforms that enhance operational efficiency and data management for businesses across various sectors. Their products are tailored for a diverse clientele, including small and medium enterprises, as well as large corporations seeking to streamline processes and improve data analytics capabilities. These solutions have been released over the past few years, targeting markets in North America, Europe, and parts of Asia, demonstrating a strong commitment to expanding their global reach. End users benefit from the intuitive interface and robust functionality, which facilitate seamless integration into existing systems and drive productivity enhancements.Hangzhou Xunant Network Technology Co., Ltd. generates revenue through a combination of subscription-based models and direct service agreements with clients. The company's flagship products are offered under tiered pricing plans, allowing businesses to choose packages that best fit their operational requirements. Transactions typically involve annual subscriptions for software services, complemented by optional add-on features that enhance functionality. In addition, the company engages in B2B partnerships, providing customized solutions to meet specific client needs, which reinforces its market position. This structure enables Hangzhou Xunant Network Technology Co., Ltd. to maintain a steady revenue stream while fostering long-term relationships with its customers across various industry sectors.In November 2021, Hangzhou Xunant Network Technology Co., Ltd. raised USD 4.40 mn in Series A funding, which will be utilized for market development and product deployment. The company plans to launch new innovative products in the upcoming year, aimed at expanding its offerings in the North American and European markets. Additionally, it aims to penetrate emerging markets in Southeast Asia by 2023.

## Funding rounds

- Series B, Nov 15, 2021 — Unity Ventures, RTX Corporation
- Series A, Aug 20, 2021, $4.4M — Hong Shan, Gobi Partners, Unity Ventures, Panda Capital

## Investors

- Hong Shan — Series A
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Series A, Series B
- Panda Capital (https://capitalatlas.ai/funds/panda-capital) — Series A
- RTX Corporation — Series B