# QBTech

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

- Industry: Insurance
- Headquarters: Shenzhen, China
- Website: www.qibaozz.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Jul 1, 2019)
- Investors on record: 3

## About

QBTech is a technology firm focused on delivering innovative software solutions aimed at enhancing operational efficiency for businesses across various industries, including technology, healthcare, and finance.Founded in 2016 and headquartered in Shenzhen, China, QBTech specializes in software development. The company has undergone strategic pivoting to cater to a broader market. Xinze Li serves as CEO, leading the firm through various funding rounds, including an Angel round in February 2021, where they raised CNY 50.000 mn from PreAngel Fund and South China Venture Capital, bringing the total amount raised to CNY 50.000 mn.QBTech offers a comprehensive suite of software applications designed for project management, data analytics, and customer relationship management. These solutions are tailored for various clients, ranging from small to medium-sized enterprises to large corporations, distributed across North America, Europe, and parts of Asia, showcasing the company's commitment to providing diverse functionalities that address specific market needs.The company generates revenue through a subscription-based model, allowing clients to access its software suite for a recurring fee. This model promotes long-term client relationships with annual agreements that ensure predictable income. QBTech's flagship products are available with tiered pricing options to accommodate varying operational needs, while also catering to individual users and small business owners through direct-to-consumer transactions.Looking ahead, QBTech plans to introduce new software products in the coming year, aiming to expand its offerings in the operational efficiency sector. The firm is targeting expansion into new geographic regions, with specific focus on increasing its presence in North America and Europe by the end of 2022. The recent funding from the Angel round will be instrumental in supporting these initiatives, enabling QBTech to enhance product development and market entry strategies.

## Funding rounds

- Series A, Jul 1, 2019 — BlueRun Ventures
- Angel, Mar 10, 2017, $7.2M — South China Venture Capital, PreAngel Fund

## Investors

- South China Venture Capital (https://capitalatlas.ai/funds/south-china-venture-capital) — Angel
- PreAngel Fund (https://capitalatlas.ai/funds/preangel-fund) — Angel
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A