# Mabang ERP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mabang-erp

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.mabangerp.com
- Total disclosed funding: $46M
- Latest round: Series B (Aug 2, 2021)
- Investors on record: 4

## About

Established in 2010 and based in Shanghai, China, Mabang ERP is a software company that focused on the research and development of ERP (Enterprise resource planning) software. In 2010, it released the Mabang ERP1.0 version. In 2012, it released the Mabang ERP2.0 version. In 2014, it released the Mabang ERP3.0 version. In 2016, the company released the Mabang WMS (warehouse management system) and raised pre-A funding from Dark Horse Ventures, Plum Ventures and individual investor. In 2020, it has launched the Amazon-specific version of Mabang ERP and the Southeast Asia-specific version. The company’s partners include Votobo.com, 5YOHO and Million Sellers Club.

The company engages in research and developing ERP software and providing e-commerce solutions. Its main products include Mabang EPR3.0, WMS and SCM (Supply Chain Management), etc. Mabang EPR3.0 provides management services such as orders, logistics, merchandise, sales reports, etc. The company has successfully cooperated with VOGOCM, Shopee and Xiong Zheng Culture, etc.

The company’s revenue is generated by SaaS subscriptions and value-added services including ERP to e-commerce customers. In 2021, the company's monthly revenue has exceeded RMB 10 million.

In the future, the company will promote the globalization strategy and industrial chain layout. It will further layout in Europe, America and some emerging markets such as Southeast Asia.

## Funding rounds

- Series B, Aug 2, 2021, $46M — SBVA, Raycloud
- Series A, Mar 29, 2021 — Meridian Capital
- Angel, Nov 1, 2015 — Beijing Dark Horse Exhibition Cci Capital

## Investors

- Beijing Dark Horse Exhibition Cci Capital (https://capitalatlas.ai/funds/beijing-dark-horse-exhibition-cci-capital) — Angel
- Meridian Capital — Series A
- SBVA (https://capitalatlas.ai/funds/sbva) — Series B
- Raycloud — Series B