# MZDATA

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

- Industry: Software
- Headquarters: Beijing, China
- Website: www.mzdata.top
- Total disclosed funding: $7.8M
- Latest round: Series A (Oct 8, 2021)
- Investors on record: 2

## About

Founded in 2019 and based in Beijing, China, MZDATA specializes in big data service applications for retail and related industries. The company was established by Cheng He, a former general manager of JD.com’s big data division with over 15 years of experience in the field. In the same year, the company built a dedicated data middle platform for the retail and food service sectors. It was later recognized as a national high-tech enterprise. In 2019, the Company completed the construction of data middle office exclusive to the retail and restaurant industries. In October 2021, it closed USD 7.75 million in series A funding co-led by new investors 01VC and MPC. The company's service category is digital industry solutions. The company utilizes an intelligent big data strategy engine to provide its clients with big data technologies and platforms, scenario-based data strategies and applications. The company's products are categorized into 3 series, which are smart store system, consumer services, and data middleware. The main target customers of the company are convenience stores, fast food stores, fresh food stores, and other different categories of retail stores. MZDATA generates revenue through the licensing of its software platforms, customized implementation projects, and ongoing service contracts with retail businesses. Income is primarily derived from B2B agreements for digital transformation and analytics deployment.

## Funding rounds

- Series A, Oct 8, 2021, $7.8M — 01VC, MPC

## Investors

- 01VC (https://capitalatlas.ai/funds/01vc) — Series A
- MPC — Series A