# Shu Ming

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shu-ming

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.shumingdata.com
- Total disclosed funding: $15M
- Latest round: Series A (Mar 9, 2021)
- Investors on record: 2

## About

Founded in 2017 and based in Shanghai, China, Shu Ming is a big data service company that focuses on artificial intelligence big data service. It obtained the certificate of high-tech enterprise in 2020 and the certificate of information security management system in 2021. The company has cooperated with UnionPay, PING AN BANK, and other enterprises. In March 2021, it raised CNY 100, million in series A funding co-led by For Future Capital and Zeyue Capital. 

Shu Ming's main business category is to provide customers with predictive analytics of user consumption behavior through artificial intelligence algorithm technology. It owns independent intellectual property rights of SaaS cloud services and core algorithms. The AI algorithm model is based on the theory of federated learning, decision tree, deep neural network, and other independent research and development. It also has an app, ZHIXI, which provides users with information and membership product recommendation services. Shu Ming have served large commercial banks, insurance companies, and other financial institutions, and head enterprises in the fields of gaming, wedding, decoration, education, and life services.

## Funding rounds

- Series A, Mar 9, 2021, $15M — Lake Ventures, For Future Capital

## Investors

- Lake Ventures — Series A
- For Future Capital (https://capitalatlas.ai/funds/for-future-capital) — Series A