# Suzhou Fresh Orange Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-fresh-orange-technology-co

- Industry: Consumer Products
- Headquarters: Suzhou, China
- Website: www.ixiancheng.com
- Total disclosed funding: $300M
- Latest round: Series C (Jul 31, 2020)
- Investors on record: 11

## About

Based in Suzhou, China, Suzhou Fresh Orange Technology Co., Ltd. operates an online platform that specializes in streaming video content, focusing on adult entertainment for a diverse audience.Suzhou Fresh Orange Technology Co., Ltd. provides a platform for adult entertainment streaming. The company was founded in 2018 in Suzhou, China. The latest significant funding round was Series C, raising USD 200.000 mn, led by Huanju Group. The company has completed a total of 10 deals, with the most recent on July 12, 2021, when it discontinued its operations.The company specializes in providing an online platform that delivers streaming video content, primarily focusing on adult entertainment. Their core product offerings include a user-friendly website and mobile application that allow users to access a wide range of video content tailored for both male and female audiences. The primary aim of these services is to create an engaging and accessible environment for users seeking adult-themed entertainment. The company’s client base includes individual consumers across diverse demographics, particularly in markets such as North America, Europe, and parts of Asia, where there is a significant appetite for digital adult entertainment.The company's revenue model is structured around subscription services, allowing users to access premium content through tiered pricing plans. These plans typically offer a range of features that may include ad-free viewing, exclusive content, and enhanced user experience options, appealing to a broad audience. Transactions with clients occur directly through the platform, where users can select their subscription tier and make payments online. The company also engages in partnerships that may involve revenue-sharing agreements with content creators, enhancing their offerings while generating additional income streams.As of the most recent update in July 2021, Suzhou Fresh Orange Technology Co., Ltd. has discontinued its operations, thus there are no upcoming products, market expansions, or uses for recent funding to discuss. Previous initiatives for growth have not been detailed since the company's cessation.

## Funding rounds

- Series C, Jul 31, 2020 — Oriza Holdings, BAI Capital, Xiang He Capital
- Series C, Jun 10, 2020, $200M — Legend Capital, GSR Ventures, Oriza Holdings, Tongcheng Network Technology Co., Ltd., Huanju Group, BAI Capital, Engage Capital, Welight Capital
- Series B, Aug 29, 2019, $100M — Legend Capital, ZhenFund, BAI Capital, Engage Capital
- Series A, Jun 17, 2019 — Oriza Holdings, BAI Capital, Welight Capital
- Series A, May 27, 2019 — GSR Ventures, ZhenFund, Engage Capital
- Angel, Dec 20, 2018 — Tencent Investment, Tongcheng Network Technology Co., Ltd.

## Investors

- Tencent Investment — Angel
- Tongcheng Network Technology Co., Ltd. — Angel, Series C
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A, Series C
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A, Series B
- Engage Capital (https://capitalatlas.ai/funds/engage-capital) — Series A, Series B, Series C
- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Series A, Series C
- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Series A, Series B, Series C
- Welight Capital (https://capitalatlas.ai/funds/welight-capital) — Series A, Series C
- Legend Capital — Series B, Series C
- Huanju Group — Series C
- Xiang He Capital (https://capitalatlas.ai/funds/xiang-he-capital) — Series C