# Microseer

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

- Industry: Outsourcing
- Headquarters: Shanghai, China
- Website: www.viphrm.com
- Total disclosed funding: $30M
- Latest round: Series B (Oct 25, 2016)
- Investors on record: 7

## About

Microseer is a human resources technology company providing a cloud-based platform that integrates AI, Big Data, and Cloud services to streamline HR processes such as payroll and recruitment.Shanghai Microseer Digital Technology Co., Ltd. specializes in HR solutions through a cloud platform. Founded in Shanghai, China, the company has pivoted to enhance its product offerings over time. Microseer raised USD 30 mn in Series B funding on October 25, 2016, with investors including JD Finance and IDG Capital Partners. The founder's details remain unspecified.Microseer operates a comprehensive human resources shared service cloud platform, integrating AI, Big Data, and Cloud technologies. Its core offerings address HR needs like payroll, benefits, and recruitment, with key products including an ERP system tailored for the HR service industry and the SaaS solution IKnow. The company also offers features like a welfare mall and SmartHR services targeted at various enterprises across China.Microseer generates revenue through a subscription-based model for its software services, catering to corporate clients needing comprehensive HR management solutions. Their pricing structure features various subscription tiers, designed to accommodate the diverse requirements of organizations. The ERP system and SmartHR service contribute to a recurring revenue stream, positioning Microseer within the HR tech market.Microseer plans to leverage its recent USD 30 mn Series B financing to enhance its product line and explore new market opportunities. The company aims to launch several new HR solutions by late 2024, targeting expansion into Southeast Asian markets. This funding will support the development of innovative features within their existing platform to meet evolving client needs.

## Funding rounds

- Series B, Oct 25, 2016, $30M — IDG Capital, Yonghua Capital, China Growth Capital, JD Technology Group, Empower Investment
- Series A, Dec 1, 2014 — IDG Capital, Yonghua Capital, China Growth Capital, Empower Investment
- Angel, Feb 1, 2011 — Edge Ventures, Shanghai CCI Investment

## Investors

- Edge Ventures (https://capitalatlas.ai/funds/edge-ventures) — Angel
- Shanghai CCI Investment — Angel
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series A, Series B
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A, Series B
- Empower Investment (https://capitalatlas.ai/funds/empower-investment) — Series A, Series B
- JD Technology Group — Series B
