# ShangHai eRoad Software CO.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-eroad-software-co

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.ersoft.cn
- Total disclosed funding: $57M
- Latest round: Series C (Jul 6, 2020)
- Investors on record: 9

## About

Based in Shanghai, China and established in 2004, ShangHai eRoad Software CO.,LTD operates as a human resource services provider that provides human resource management solutions and cloud computing services for enterprises. The company's business covers more than 480 cities and more than 20 countries. It has about 700 employees and the core research team comes from SAP, Kronos and Microsoft. The company has many partners, such as HRoot, Huawei and SPD Bank, and many branches located in Beijing, Chengdu, Guangzhou, Shenzhen and Hong Kong. Tianyang Wang is the CEO of the company, and once served as the global vice president of enterprise management software company - SAP. Qing Miu is the co-founder of the company, and once served as the general manager of Kronos Greater China, the vice president of Compuware Gomez Asia and the managing director of QAD Greater China. In June 2017, it promoted payroll artificial intelligence big data analysis products - payroll intelligence. 

The company provides HR digital solutions and related products for many industries, such as internet, finance, retail chain, advanced manufacturing and auto parts. Its products include a HRM cloud platform - people+, a payroll tax management platform -Yixin, a intelligent big data platform - Xinzhi, shared services and employee care - Yijiankang. People+ connects various employee base data and behavioral data by labeling system to help management and HR make smarter decisions about people and organizations. The company's services are divided into payroll social security services, total reward and customer success services. Payroll social security services include payroll accounting, tax return, payroll escrow and social security management.

## Funding rounds

- Series C, Jul 6, 2020, $28M — China Renaissance
- Series C, Jan 6, 2020 — SIG Asia Investment, Hillhouse Investment, Eastern Bell Capital, Ivy Capital
- Series C, Jul 8, 2019, $29M — SIG Asia Investment, Hillhouse Investment
- Series B, Oct 26, 2018 — Hillhouse Investment
- Series A, Feb 1, 2017 — Shenghui Jingchen Investment
- Series A, Oct 11, 2016 — Ivy Capital, Shanghai Haideliye Investment, Jiangsu Xincheng Venture Investment, YC Capital

## Investors

- Ivy Capital (https://capitalatlas.ai/funds/ivy-capital) — Series A, Series C
- Shanghai Haideliye Investment — Series A
- Jiangsu Xincheng Venture Investment — Series A
- YC Capital — Series A
- Shenghui Jingchen Investment (https://capitalatlas.ai/funds/shenghui-jingchen-investment) — Series A
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B, Series C
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series C
- Eastern Bell Capital — Series C
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series C