# Shanghai Witsion Information Technology Co.

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

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.witsion.com
- Total disclosed funding: $5.5M
- Latest round: Series A (Sep 24, 2015)
- Investors on record: 2

## About

Shanghai Witsion Information Technology Co., LTD. provides innovative information technology solutions to enhance operational efficiency and data management for businesses across various sectors.Founded in 2009 in Shanghai, China, Shanghai Witsion Information Technology Co., LTD. specializes in information technology solutions. The company's recent funding round occurred in May 2018, raising CNY 10.5 million. The current CEO is ??? ?.Witsion ???? focuses on delivering comprehensive information technology solutions designed to enhance operational efficiency and data management for businesses. The company’s core product offerings include advanced data integration tools, analytics software, and cloud-based solutions tailored to streamline business processes across various sectors, such as finance, healthcare, and logistics. Key products that drive revenue include proprietary analytics platforms and cloud services, which are integral to client operations across targeted industries.In the most recent fiscal year, which was 2017, Witsion ???? reported revenue of CNY 24,324,648.4 and an EBITDA of CNY 3,181,632.6. Revenue generation primarily occurs through B2B transactions, including subscription-based services for software offerings.As of May 2018, Witsion is planning to utilize the CNY 10.5 million raised in funding to expand its product offerings and enhance market reach. Upcoming projects include the launch of new analytics software aimed at the healthcare sector, expected by the end of 2019. The company is targeting expansion into Southeast Asia and select regions in Europe by 2020.

## Funding rounds

- Series A, Sep 24, 2015, $5.5M — CBC Capital, Beijing Zhonghai Venture Capital Investment

## Investors

- CBC Capital (https://capitalatlas.ai/funds/cbc-capital) — Series A
- Beijing Zhonghai Venture Capital Investment (https://capitalatlas.ai/funds/beijing-zhonghai-venture-capital-investment) — Series A