# Lebot

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.leyantech.com
- Total disclosed funding: $43M
- Latest round: Series D (Apr 25, 2021)
- Investors on record: 12

## About

Based in China, Lebot is a technology firm specializing in AI-driven solutions, serving e-commerce and various industries with innovative automation technologies aimed at improving operational efficiency and customer interactions.Founded in 2016 and headquartered in Shanghai, China, Lebot is a technology company focused on developing AI applications. In April 2021, the company secured CNY 200.000 mn in Series C funding led by Alibaba Group, marking a significant milestone in its financial development. The company has completed a total of 7 deals thus far, establishing a strong presence in the tech landscape. The founders, Chen Chenglong and Libin Shen, have a history of innovation in the technology sector.Leyantech specializes in providing AI-driven SaaS solutions tailored for e-commerce and various vertical industries. Their core offerings include intelligent customer service automation, smart work order management, and intelligent marketing tools designed to enhance operational efficiency and customer engagement. The intelligent customer service robots are programmed to handle customer inquiries 24/7, effectively managing peak traffic during promotional events and ensuring no conversion opportunities are missed, thereby contributing to a continuous increase in Gross Merchandise Value (GMV). The company serves a diverse client base of over 60,000 businesses across multiple sectors, including apparel, food, home goods, and stationery, with significant market presence in regions such as China and global e-commerce platforms. Leyantech's solutions streamline operations and allow human employees to focus on more precise operational tasks, thus improving overall service efficiency.Leyantech operates on a subscription-based revenue model, with clients engaging various services through long-term contracts or annual subscriptions. The company’s flagship products, including their intelligent customer service robots and smart work order systems, enhance client operations and customer interactions. Clients benefit from tailored service packages that encompass a range of tools from customer management systems to intelligent marketing solutions, each designed to optimize performance and reduce operational costs. The structure of transactions typically involves direct partnerships with businesses looking to integrate advanced AI solutions, ensuring a steady revenue stream through recurring fees associated with the SaaS model. The commitment to continuous improvement and innovation in AI technology further solidifies Leyantech's position in the market, attracting ongoing business from a growing clientele.Lebot is focused on expanding its offerings and market presence. The company is working on new AI-driven products aimed at enhancing customer service and operational efficiency, with several releases planned for late 2022 into 2023. Additionally, they are targeting expansion into Southeast Asian markets, aiming to establish a foothold by 2024. The recent funding of CNY 200.000 mn will be utilized to support the development of these new products and facilitate entry into new geographic regions, strengthening their competitive position.

## Funding rounds

- Series D, Apr 25, 2021 — China International Capital Corporation, YF Capital, Ameba Capital, Ivy Capital, Blue Lake Capital, Monad Ventures, Sky 9 Capital, ZWC Ventures, Yuema Capital, Shanghai Artificial Intelligence Industry Investment Fund
- Series C, Sep 18, 2020, $22M — Sky 9 Capital
- Series C, May 19, 2020, $21M — YF Capital, Eastern Bell Capital, Ivy Capital, Kunlun Fund, Blue Lake Capital, ZWC Ventures
- Series A, Jun 1, 2019 — YF Capital, ZWC Ventures
- Series A, Feb 8, 2017 — Monad Ventures
- Angel, May 26, 2016 — Ameba Capital

## Investors

- Ameba Capital (https://capitalatlas.ai/funds/ameba-capital) — Angel, Series D
- Monad Ventures (https://capitalatlas.ai/funds/monad-ventures) — Series A, Series D
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A, Series C, Series D
- ZWC Ventures (https://capitalatlas.ai/funds/zwc-ventures) — Series A, Series C, Series D
- Eastern Bell Capital — Series C
- Ivy Capital (https://capitalatlas.ai/funds/ivy-capital) — Series C, Series D
- Kunlun Fund (https://capitalatlas.ai/funds/kunlun-fund) — Series C
- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Series C, Series D
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series C, Series D
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series D
- Yuema Capital — Series D
- Shanghai Artificial Intelligence Industry Investment Fund — Series D