# Rongcard Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rongcard-co

- Industry: Business Support Services
- Headquarters: Wuxi, China
- Website: www.rongcard.com
- Total disclosed funding: $14M
- Latest round: Series B (Jun 22, 2022)
- Investors on record: 11

## About

Established in 2013 and based in Wuxi, China, Rongcard Co., Ltd. is a internet of things security solution provider, providing data encryption, digital certificate, authentication authorization and other security integration services. The company also established wholly-owned subsidiaries, holding companies in Shenzhen, Nanjing, Beijing and Wuhan. There are more than 100 research and development staffs in the company. In April 2019, the company became a member of the China LoRa Application Alliance. In 2018, the company obtained the certification from three public security eID network identity service providers.

The products provided by the company include electronic ID for citizens network (eID), mobile shield, digital car key, digital currency wallet and cloud-based letter innovation focus. The company has developed e-signature-level e-identity applications for relevant departments of the Ministry of Public Security. The company cooperates with authoritative financial digital certificate authorities to provide advanced identity authentication technology for mobile phones that fully replaces multi-factor authentication systems such as SMS verification and biometrics.

The company will focus on the technology development, product construction, marketing, qualification, own test and verification environment, etc.

## Funding rounds

- Series B, Jun 22, 2022 — Fortune Capital, New Investment Group, Tuohua Capital, Shenzhen Junpeng Industrial, Suzhou Yongxin Fangzhou Investment, Beijing Xianfeng Yuanchuang Equity Investment, Jinhong Weiye Management, Youda Venture Capital
- Series A, Jul 7, 2020, $14M — Fortune Capital, Zhengxuan Capital, Zhongjinshi Ventures
- Angel, Jul 11, 2014 — Addor Capital

## Investors

- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Angel
- Fortune Capital — Series A, Series B
- Zhengxuan Capital (https://capitalatlas.ai/funds/zhengxuan-capital) — Series A
- Zhongjinshi Ventures — Series A
- New Investment Group (https://capitalatlas.ai/funds/new-investment-group) — Series B
- Tuohua Capital — Series B
- Shenzhen Junpeng Industrial — Series B
- Suzhou Yongxin Fangzhou Investment (https://capitalatlas.ai/funds/suzhou-yongxin-fangzhou-investment) — Series B
- Beijing Xianfeng Yuanchuang Equity Investment — Series B
- Jinhong Weiye Management — Series B
- Youda Venture Capital — Series B