# Shanghai AccuMed Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-accumed-technology

- Industry: Medical Devices & Equipment
- Headquarters: Shanghai, China
- Website: www.accu-med.cn
- Latest round: Angel (May 10, 2016)
- Investors on record: 1

## About

Shanghai AccuMed Technology Ltd. provides innovative software solutions designed to enhance operational efficiency and streamline business processes across various industries.Founded in 2016 in Shanghai, China, Shanghai AccuMed Technology Ltd. specializes in delivering software tools that address industry challenges. The company has engaged in three deals, with the latest being a Series A funding round on March 11, 2021, where it raised CNY 10.000 mn from Sanze Investment Management, bringing the total amount raised to CNY 10.000 mn.The company specializes in providing innovative solutions aimed at addressing specific industry challenges through its core product offerings. These products are designed to enhance efficiency and streamline operations for businesses in various sectors. Notably, the company offers a suite of software tools that facilitate project management and communication, which have been well received by enterprises seeking to improve team collaboration and productivity. Released in 2021, these solutions target mid to large-sized organizations across North America and Europe, particularly in industries such as technology, manufacturing, and healthcare. The company's client base includes a diverse range of end users, from project managers to executive teams, who utilize these tools to optimize workflows and achieve strategic objectives.The company's revenue model is primarily based on a subscription service that provides clients with access to its suite of software products. Transactions are structured to facilitate ongoing revenue through annual or monthly subscriptions, allowing clients to select from various pricing tiers based on their organizational needs. For instance, enterprises may opt for a flagship package that encompasses advanced analytical tools, while smaller teams might choose a more basic plan. The company also engages in strategic partnerships with other businesses, enhancing its market reach and service offerings. Overall, the revenue generated from these subscriptions reflects the growing demand for digital solutions that improve operational efficiency and collaboration in the workplace.In March 2021, Shanghai AccuMed Technology Ltd. raised CNY 10.000 mn in a Series A funding round, which will support the development and launch of new software products designed to enhance project management capabilities. The company is also planning to expand its presence in Europe and North America by 2023, targeting newly emerging markets within these regions to increase its client base. The recent funding will be utilized to bolster research and development efforts and expand marketing initiatives aimed at reaching potential clients in these priority regions.

## Funding rounds

- Angel, May 10, 2016 — Legend Star

## Investors

- Legend Star (https://capitalatlas.ai/funds/legend-star) — Angel