# Spicy Bra Information Technology (Shanghai) Co.

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

- Industry: Retail
- Headquarters: Shanghai, China
- Website: www.o2bra.com.cn
- Total disclosed funding: $0.2M
- Latest round: Series B (Feb 1, 2017)
- Investors on record: 6

## About

Spicy Bra specializes in providing innovative software solutions designed to enhance operational efficiency for enterprises. Their focus spans multiple industries including manufacturing, logistics, and healthcare, facilitating improved data analytics and project management.Founded in 2014 in Shanghai, China, Spicy Bra Information Technology (Shanghai) Co., Ltd. develops software solutions aimed at streamlining business operations. The company has successfully closed 4 investment deals, with their most recent funding round being an Angel round in March 2018, raising CNY 1.3 mn from investors including PreAngel Fund and PurpleSky Capital. Daini Xu serves as both the Founder and CEO, leading the company since its inception.Spicy Bra specializes in innovative software solutions that enhance operational efficiency across various sectors. Their core offerings include advanced platforms that streamline business processes, improve data analytics, and support effective project management. Targeted primarily at mid to large-sized enterprises in manufacturing, logistics, and healthcare, these solutions are marketed in North America, Europe, and parts of Asia, aiming to optimize resource allocation and decision-making for their clients.The company's revenue is generated through subscription models and direct sales. Clients engage through annual licenses for their software solutions, selecting from tiered pricing plans that cater to different organizational needs. This B2B focus supports a steady revenue stream, reinforced by partnerships with resellers and integrators to broaden market reach.Spicy Bra is focused on expanding its offerings and entering new markets. The company is planning to launch new products designed to enhance product capabilities, with specific release dates to be determined. Additionally, they aim to penetrate emerging markets in Southeast Asia and Europe by 2020, leveraging insights gained from the latest Angel funding round of CNY 1.3 mn raised in March 2018. This funding will support the development of new products and facilitate market entry strategies.

## Funding rounds

- Series B, Feb 1, 2017 — Puhua Capital
- Series A, Jun 30, 2015 — SIG Asia Investment, 01VC, PurpleSky Capital, YC Partners
- Angel, Feb 13, 2014, $0.2M — PurpleSky Capital, PreAngel Fund

## Investors

- PurpleSky Capital (https://capitalatlas.ai/funds/purplesky-capital) — Angel, Series A
- PreAngel Fund (https://capitalatlas.ai/funds/preangel-fund) — Angel
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- 01VC (https://capitalatlas.ai/funds/01vc) — Series A
- YC Partners — Series A
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series B