# Wingspan Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wingspan-technology

- Industry: Healthcare
- Headquarters: Xian, China
- Website: http://www.wingspan.cn
- Total disclosed funding: $7.9M
- Latest round: Series B (Dec 13, 2017)
- Investors on record: 5

## About

Wingspan Technology specializes in developing software solutions aimed at enhancing operational efficiency across various sectors, including manufacturing, logistics, and healthcare.Wingspan Technology, founded in 2009 and headquartered in Xian, China, focuses on delivering tailored software solutions. The company has successfully completed three deals, with its most recent funding round occurring on December 13, 2017, where it raised CNY 20 million in a Series B round from Langsheng Investment. The founder's detailed background is not available, and there are no reported pivots in their business strategy or mentions of subsidiaries.Wingspan Technology offers innovative software solutions designed to address specific challenges faced by clients in manufacturing, logistics, and healthcare. Their flagship product, a cloud-based platform launched in 2021, has gained traction among mid-sized enterprises, enabling users to streamline processes and manage resources effectively. The company serves a diverse clientele across North America and Europe, including manufacturers, distributors, and healthcare providers, all leveraging technology for improved business outcomes.The company's revenue model is primarily subscription-based, allowing clients to access its software solutions through annual or monthly payment plans in a B2B context. This structured approach enables tailored solutions that align with specific business requirements, supporting various subscription tiers. Revenue is further bolstered by additional services such as training and technical support, fostering long-term partnerships with clients.In the wake of the CNY 20 million funding raised in December 2017, Wingspan Technology aims to enhance its product offerings and expand into new markets. The company is currently designing new products aimed at further improving operational efficiency, with anticipated launches in 2023. Additionally, Wingspan Technology plans to target growth in regions such as Southeast Asia and South America by 2025, aligning its resources to establish a strong presence in these emerging markets.

## Funding rounds

- Series B, Dec 13, 2017, $3M — Langsheng Investment
- Series A, Dec 13, 2016 — SAIF Partners, NLVC, MPC
- Angel, Sep 1, 2014, $4.9M — SAIF Partners, SB China Venture Capital

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Angel, Series A
- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Angel
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- MPC — Series A
- Langsheng Investment (https://capitalatlas.ai/funds/langsheng-investment) — Series B