# Qijia Youdao Network Technology(Beijing)Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qijia-youdao-network-technology-beijing-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.xinrenxinshi.com
- Total disclosed funding: $65M
- Latest round: Series D (May 23, 2022)
- Investors on record: 5

## About

Founded in 2015 and based in Beijing, China, Qijia Youdao Network Technology(Beijing)Co., Ltd. previous named Xinrenxinshi, is a network technology company that provides human resource management Software as a Service (SaaS) solutions. The company has served more than 30 industries, and 2,100 enterprises. The company's founder is Xinglong Chang, and who served as Head of the Mobile Internet Business Search Department in  Baidu. The company's team members are from internet corporations, such as BAT, Expedia, and Meituan. Moreover, the company has two R&D centers in Beijing, and Wuhan, and has 8 additional offices in China. The company's software launched in 2015 and raised Sequoia Capital, and then the company raised series B funding and series C funding in 2018.

The company provides human resource management software. The software includes multiple modules, such as payroll, recruitment, performance, training, e-contracting, open interconnection, and talent management. The software also assists clients with data pre-processing because the software supports data analysis, data integration, and data Robotic Process Automation (RPA). Moreover, the software can connect personnel, operations, finance, and also connect platforms, such as Dingding, Enterprise Wechat, and Fishu.

The company will use the series D1 funding to expand market share, R&D and upgrade products.

## Funding rounds

- Series D, May 23, 2022, $45M — Gaocheng Capital, Hangzhou Raycloud Technology
- Series B, Feb 24, 2017, $12M — Hong Shan, Alpha Startups
- Series A, Jan 7, 2016, $8.1M — Hong Shan
- Angel, Jun 15, 2015 — Xiaochang Shuimu Investment, Alpha Startups

## Investors

- Xiaochang Shuimu Investment — Angel
- Alpha Startups (https://capitalatlas.ai/funds/alpha-startups) — Angel, Series B
- Hong Shan — Series A, Series B
- Gaocheng Capital (https://capitalatlas.ai/funds/gaocheng-capital) — Series D
- Hangzhou Raycloud Technology — Series D