# Shanghai Guao Electronic Technology Co.

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

- Industry: Hardware
- Headquarters: Shanghai, China
- Website: www.gooao.cn
- Total disclosed funding: $22M
- Latest round: Series D (Aug 7, 2013)
- Investors on record: 7

## About

Established in 1996 and based in Shanghai, China, Shanghai Guao Electronic Technology Co., Ltd. operates as a developer and manufacturer of financial equipment, offering overall solutions for smart financial systems and financial software information products. The company was rated as a National High-Tech Enterprise and a National Quality and Reputation Dual Guarantee Demonstration Unit. It is a shortlisted supplier for banks such as ICBC, ABC, and CCB, and is a software supplier for CITIC Construction Investment Securities, Huatai Securities, and GF Securities. In August 2013, Shanghai Guao Electronic Technology Co., Ltd. raised CNY 56 million of series D funding. In September 2016, it was listed on the Shenzhen Stock Exchange.

GOOAO provides financial market and trading technology platforms, trading systems and currency anti-counterfeiting services based on technologies such as image recognition, artificial intelligence, blockchain, and the Internet of Things. The company's products include paper and coin exchange machines, teller machines, banknote storage machines, smart bank service robots, banknote counting machines, currency identification instruments and other hardware products, as well as QWIN option market making software, QWIN option strategy trading system software, and QWIN OTC option management system software.

The company generates revenue by developing financial equipment products.

## Funding rounds

- Series D, Aug 7, 2013, $9.1M — Shandong High-tech Investment Corporation, Hiway Capital, Shenzhen Nalanda Investment Fund Management
- Series C, Dec 15, 2012, $2.4M — Dingfeng Asset Management
- Series B, Jun 15, 2011, $5.8M — Leading Capital
- Series A, Sep 28, 2010, $4.5M — Yonghua Capital, Shanghai Funing Investment Management

## Investors

- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series A
- Shanghai Funing Investment Management — Series A
- Leading Capital — Series B
- Dingfeng Asset Management (https://capitalatlas.ai/funds/dingfeng-asset-management) — Series C
- Shandong High-tech Investment Corporation (https://capitalatlas.ai/funds/shandong-high-tech-investment-corporation) — Series D
- Hiway Capital (https://capitalatlas.ai/funds/hiway-capital) — Series D
- Shenzhen Nalanda Investment Fund Management — Series D