# Shanghai Shangping Technology Co.

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

- Industry: IT Infrastructure
- Headquarters: Shanghai, China
- Latest round: Series A (Jun 20, 2023)
- Investors on record: 2

## About

Established in 2021 and based in Shanghai, China, Shanghai Shangping Technology Co., Ltd. is a business support services company that operates as a digital operations platform. In January 2022, the company raised angel funding from new investor Everest. In June 2023, it raised series A funding led by new investor Sage Ventures. Other returning investor Everest also participated in the round. Yiming Xu, the company's CTO, has served as an expert in Alibaba's big data engine, technical director of Kyligence's core engine technology, and a data mining engineer at Microsoft.

The company has a self-developed product ProXVerse platform has the function of multi-source heterogeneous real-time process data fusion, process and task mining, consistency checking, root cause analysis core modules.

In 2022, the company's operating income was nearly CNY 10 million.

## Funding rounds

- Series A, Jun 20, 2023 — Everest VC, Sage Ventures
- Angel, Jan 25, 2022 — Everest VC

## Investors

- Everest VC (https://capitalatlas.ai/funds/everest-vc) — Angel, Series A
- Sage Ventures (https://capitalatlas.ai/funds/sage-ventures) — Series A