# Shanghai Yiwei Software Systems Co.

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.foneplatform.com
- Total disclosed funding: $5.3M
- Latest round: Series B (Apr 14, 2021)
- Investors on record: 7

## About

Established in 2015 and based in Shanghai, China, Shanghai Yiwei Software Systems Co., Ltd. is an enterprise data processing and analysis platform. The platform collects structured data within the enterprise, then stores the data in a unified manner, and then performs secondary processing and mining according to the specific needs of the business department, and finally displays it visually. In May 2024, the firm closed a strategic investment.

Relying on the data management, business modeling, and real-time computing capabilities of the underlying platform, it provides companies with application products such as budget management, management reports, sales plans or forecasts, commission or rebate management, etc. FONE connects the back-end data with the front-end applications, supports the company's mid-office strategy, aggregates and manages the company's cross-domain data, and can plan the company's data panorama from a business perspective. The self-developed data platform-FONE RedData, helps enterprises aggregate various data sources of the enterprise, configure business rules to build business models, transform enterprise data into business insights, and support business decision-making. Based on FONE RedData, Yiwei has launched many solutions such as comprehensive budgeting, financial analysis, and dealer rebates.

The company’s revenue is generated by providing a data collaborative processing platform.

The company will use the strategic investment for product research and development, marketing services and ecological cooperation.

## Funding rounds

- Series B, Apr 14, 2021 — IDG Capital
- Series B, Feb 9, 2021 — Oriza Prior, Firstlight Capital
- Series B, Dec 31, 2018 — China Growth Capital, Keyin Fund
- Series A, May 1, 2017, $4.3M — Hong Shan
- Angel, Jul 1, 2016, $0.9M — AA Investment

## Investors

- AA Investment (https://capitalatlas.ai/funds/aa-investment) — Angel
- Hong Shan — Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series B
- Keyin Fund (https://capitalatlas.ai/funds/keyin-fund) — Series B
- Oriza Prior (https://capitalatlas.ai/funds/oriza-prior) — Series B
- Firstlight Capital — Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B