# LotusFlare

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

- Industry: Telecoms
- Headquarters: Palo Alto, US
- Website: www.lotusflare.com
- Total disclosed funding: $6M
- Latest round: Series A (Sep 1, 2015)
- Investors on record: 3

## About

LotusFlare is a technology company providing AI-native business support systems for communications and media service providers, enhancing operational efficiency and customer experience while facilitating digital service monetization.Founded in 2014 and headquartered in Palo Alto, US, LotusFlare specializes in AI-native business support systems. The company was co-founded by Sam G, Shao Xia, and Terry Guo. In 2015, LotusFlare raised USD 6 mn in a Series A round led by Social Capital with participation from Compound Ventures and GV. The latest funding represents the total amount raised by the company, totaling USD 6 mn from 2 deals.LotusFlare DNO™ Cloud serves as a comprehensive, AI-native business support system (BSS) tailored for communications and media services providers. The platform empowers communication service providers (CSPs) by streamlining operations, enhancing customer experiences, and enabling monetization of various digital services. Key offerings include eSIM connectivity solutions for resellers and IoT solution providers, along with an experience layer that integrates with customer engagement channels such as mobile apps and retail outlets. This innovative approach improves the customer journey and facilitates the rapid deployment of new digital services, such as launching a digital fiber business in just four months. LotusFlare operates in multiple geographical markets, targeting CSPs across North America, Europe, and Asia.LotusFlare generates revenue through a structured model emphasizing partnerships and subscription-based services. Clients engage in B2B transactions, subscribing to the LotusFlare DNO™ Cloud platform for access to its services. The transaction structure allows for dynamic scaling according to client needs and includes offerings such as eSIM and digital fiber solutions. By partnering with resellers and travel applications, LotusFlare creates avenues for revenue generation through API monetization and enhanced connectivity services. Pricing plans are flexible, catering to the specific needs of each client, ensuring accessibility and scalability of solutions.LotusFlare is focused on developing new products and expanding its market reach. They aim to design and launch additional functionalities within the LotusFlare DNO™ Cloud platform in the upcoming year. Plans for geographical expansion include targeting new markets in South America and the Middle East by the end of 2025. The recent funding from September 2015 will be utilized to support these initiatives, enhancing product development and market penetration.

## Funding rounds

- Series A, Sep 1, 2015, $6M — Compound Ventures, GV, Social Capital

## Investors

- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Series A
- GV (https://capitalatlas.ai/funds/gv) — Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A