# Shanghai Houhan Information Science & Technology Co.

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.famulei.com
- Latest round: Series C (Mar 19, 2019)
- Investors on record: 9

## About

Shanghai Houhan Information Science & Technology Co., Ltd is a Chinese technology firm specializing in innovative digital solutions aimed at enhancing operational efficiencies for both consumers and businesses.Founded in 2014 and headquartered in Shanghai, China, Shanghai Houhan Information Science & Technology Co., Ltd focuses on delivering advanced digital solutions. The company has completed a total of 8 deals, with its most recent funding round occurring on March 29, 2021. The financial details of this acquisition were not disclosed.Famulei specializes in providing innovative solutions tailored to meet the needs of modern consumers and businesses. Their core product offerings include a suite of digital tools designed to enhance user engagement and streamline operations for various sectors. These solutions address key challenges such as improving customer interaction, optimizing workflow efficiencies, and facilitating seamless communication. Famulei's products are utilized by a diverse clientele, ranging from small to medium enterprises to large corporations seeking enhanced operational capabilities. While specific geographical markets have not been outlined, the company's products are deployed across multiple international markets, serving clients who prioritize advanced digital solutions.The revenue model of Famulei is built on strategic partnerships and subscription-based services, ensuring consistent cash flow and fostering long-term client relationships. Transactions typically occur through a direct-to-consumer approach, where clients subscribe to Famulei's flagship products on a recurring basis. This structure guarantees continuous updates and support, enhancing client loyalty and satisfaction. Pricing plans for these services cater to various business sizes, with tailored packages designed to meet the needs of different sectors. The offerings leverage proprietary technology, which serves as a cornerstone of their market value proposition, ensuring competitiveness across diverse customer demographics.Looking ahead, Shanghai Houhan Information Science & Technology Co., Ltd plans to expand its product line with new offerings aimed at enhancing user engagement and operational efficiency, though specific release dates are yet to be announced. The company is also targeting expansion into new geographic markets, with plans to identify and penetrate additional sectors by the end of 2023. Recent funding, resulting from the acquisition by VSPN in March 2021, will support these growth initiatives as the company seeks to innovate and broaden its market presence.

## Funding rounds

- Series C, Mar 19, 2019 — Chen Hai Capital
- Series C, Dec 20, 2017 — Beichenxing Investment Management
- Series C, May 17, 2017 — Nanshan Capital, Chen Hai Capital
- Series B, Aug 18, 2016 — Oriental Fortune Capital, China Renaissance
- Series A, Dec 30, 2015 — Shanghai Kuailu Investment Group, Autobot Capital Partners, Yuerong Capital
- Angel, Dec 28, 2014 — Prometheus Capital

## Investors

- Prometheus Capital (https://capitalatlas.ai/funds/prometheus-capital) — Angel
- Shanghai Kuailu Investment Group — Series A
- Autobot Capital Partners (https://capitalatlas.ai/funds/autobot-capital-partners) — Series A
- Yuerong Capital (https://capitalatlas.ai/funds/yuerong-capital) — Series A
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series B
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series B
- Nanshan Capital (https://capitalatlas.ai/funds/nanshan-capital) — Series C
- Chen Hai Capital (https://capitalatlas.ai/funds/chen-hai-capital) — Series C
- Beichenxing Investment Management (https://capitalatlas.ai/funds/beichenxing-investment-management) — Series C