# Xforceplus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xforceplus

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.xforceplus.com
- Total disclosed funding: $100M
- Latest round: Series C (Jun 1, 2021)
- Investors on record: 12

## About

Established in 2015 and based in Shanghai, China, Xforceplus is a company that focuses on supply chain information collaboration and value added tax invoice management cloud platform.

The company's product is a value added tax invoice management platform, Piaoyitong, which uses artificial intelligence, big data, cloud computing, blockchain and other technologies to provide enterprises with value-added tax declaration, electronic invoice, supply chain settlement coordination, and tax invoice management and other services. The company's customers include companies in the real estate, large consumer, logistics and other industries, such as Vanke Group, Walmart, McDonald's, Debon, etc.

## Funding rounds

- Series C, Jun 1, 2021 — Huatai Securities, MSA Capital, Dragoneer Investment Group
- Series C, Oct 10, 2019, $100M — Temasek Holdings, Hillhouse Investment, Eastern Bell Capital
- Series C, Feb 19, 2019 — IDG Capital, Hillhouse Investment, Jolly Capital
- Series B, Sep 4, 2018 — IDG Capital, Eastern Bell Capital, DHVC, Gaodun.com
- Series A, Nov 10, 2017 — Hillhouse Investment
- Angel, Dec 25, 2015 — Yonghua Capital, Ivy Capital

## Investors

- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Angel
- Ivy Capital (https://capitalatlas.ai/funds/ivy-capital) — Angel
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A, Series C
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B, Series C
- Eastern Bell Capital — Series B, Series C
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series B
- Gaodun.com — Series B
- Jolly Capital (https://capitalatlas.ai/funds/jolly-capital) — Series C
- Temasek Holdings — Series C
- Huatai Securities — Series C
- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Series C
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series C