# Shanghai Bingjian Information Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-bingjian-information-technology-co

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.icekredit.com
- Total disclosed funding: $132M
- Latest round: Series C (Apr 12, 2021)
- Investors on record: 11

## About

Shanghai Bingjian Information Technology Co., Ltd. is a Chinese company specializing in artificial intelligence-driven solutions for enterprise-level risk management, catering to various sectors such as finance, supply chain, and government.Founded in 2015, Shanghai Bingjian Information Technology Co., Ltd. is headquartered in Shanghai, China. The company focuses on offering advanced risk management solutions for personal finance and small enterprises. The firm's founder, Lingyun Gu, has a history in the tech sector. In April 2021, the company raised RMB 228 million in a Series C funding round led by Guochuang Zhongding Capital, with participation from Ally Capital and Oriental Fortune Capital, bringing the total amount raised to RMB 228 million across multiple deals.?????? specializes in providing advanced artificial intelligence-driven solutions tailored for enterprise-level services across various sectors, including finance, supply chain, and government. The company’s flagship offerings include comprehensive risk management solutions designed for personal finance, small and micro-enterprises, and supply chain finance. These services encompass a full spectrum of risk control processes, from customer acquisition and application assessment to monitoring and post-loan management. By leveraging big data, cloud computing, and AI technologies, the firm creates tailored risk assessment models and automated decision-making frameworks that enhance operational efficiency and reduce financial risks for clients. Its clientele includes banks and financial institutions, small and medium-sized enterprises, and government agencies, primarily within the Chinese market, where the demand for sophisticated risk management solutions is on the rise.The revenue structure of ?????? is based on the provision of customized services and solutions, typically operating on a B2B model. The company engages with financial institutions and enterprises through service contracts that may involve subscriptions for ongoing support, partnerships for collaborative projects, and direct service fees for specific solutions. Each client engagement begins with detailed assessments of their needs, leading to the deployment of tailored risk management systems, often accompanied by training and support. Pricing structures for services are defined based on the scope and complexity of the solutions implemented, with potential options for tiered pricing based on service levels or contract duration. The integration of proprietary models and systems for financial risk assessment platforms serves as a cornerstone of the company’s offerings, contributing to its revenue generation through both upfront fees and ongoing service agreements.Shanghai Bingjian Information Technology Co., Ltd. plans to leverage recent funding to enhance its product offerings and expand its market presence. The company is actively developing new AI-driven solutions aimed at improving risk management across various industries. Specific geographic regions targeted for expansion include Southeast Asia and Europe, expected to be pursued by 2023. The funding raised in April 2021 will be utilized to support product development, market entry strategies, and to reinforce its existing operational frameworks.

## Funding rounds

- Series C, Apr 12, 2021, $35M — Oriental Fortune Capital, Ally Capital, Guochuang Zhongding Capital
- Series C, Nov 23, 2020, $30M — Shanghai Guohe Capital, Yunqi Partners, Cyber Creation Ventures (CCV), Shanghai Guoxin Venture Capital Investment
- Series B, Sep 6, 2019, $47M — Shanghai Guohe Capital, Yunqi Partners, Youzu.com, Frees Fund, Cyber Creation Ventures (CCV)
- Series A, Oct 1, 2016, $16M — Lingfeng Capital, Cyber Creation Ventures (CCV)
- Angel, Jun 17, 2015, $3.3M — Yunqi Partners, Frees Fund, Weilie Capital

## Investors

- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Angel, Series B, Series C
- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Angel, Series B
- Weilie Capital (https://capitalatlas.ai/funds/weilie-capital) — Angel
- Lingfeng Capital (https://capitalatlas.ai/funds/lingfeng-capital) — Series A
- Cyber Creation Ventures (CCV) (https://capitalatlas.ai/funds/cyber-creation-ventures-ccv) — Series A, Series B, Series C
- Shanghai Guohe Capital (https://capitalatlas.ai/funds/shanghai-guohe-capital) — Series B, Series C
- Youzu.com — Series B
- Shanghai Guoxin Venture Capital Investment — Series C
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series C
- Ally Capital (https://capitalatlas.ai/funds/ally-capital) — Series C
- Guochuang Zhongding Capital (https://capitalatlas.ai/funds/guochuang-zhongding-capital) — Series C