# Yao123.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yao123-com

- Industry: Pharmaceuticals
- Headquarters: Shanghai, China
- Website: www.yao123.com
- Total disclosed funding: $62M
- Latest round: Series B (Apr 26, 2019)
- Investors on record: 6

## About

Yao123.com is a technology company focused on delivering innovative software solutions that enhance operational efficiency for mid to large-sized enterprises in various industries.Founded in 2015 and headquartered in Shanghai, China, Yao123.com specializes in technology solutions that streamline operations. The company's founder, ?? ?, has experience in the tech industry, contributing to its growth. In April 2019, Yao123.com raised CNY 300 million in a Series B funding round led by GTJA Investment Group, with participation from several other investors, marking a pivotal moment for the firm as it expanded its financial backing. To date, Yao123.com has completed a total of 2 deals, with the most recent deal occurring on April 26, 2019.Yao123.com specializes in delivering innovative technology solutions aimed at enhancing operational efficiency across various industries. Its core offerings include an advanced software platform that integrates seamlessly with existing systems to automate workflows and optimize resource management. This technology addresses critical pain points such as time-consuming manual processes and data silos, facilitating better decision-making and increased productivity for end-users. The primary customer base consists of mid to large-sized enterprises in sectors like manufacturing, healthcare, and logistics, with active marketing in North America and Europe. The company continuously improves its offerings through regular updates and enhancements.Yao123.com's revenue model is primarily structured around subscription-based services, where clients pay a recurring fee for access to the software platform and its associated features. Revenue is generated through tiered pricing plans that cater to various business sizes and needs, ensuring flexibility and scalability for clients. Enterprise clients may engage in long-term contracts with additional support and customization options, while smaller businesses can opt for a basic subscription package. Transactions are typically direct-to-consumer, with clients engaging directly through the company’s sales team to negotiate terms based on specific requirements. The flagship product, known for its capabilities and user-friendly interface, plays a significant role in driving consistent revenue streams.Yao123.com plans to enhance its product lineup with upcoming releases that will further facilitate operational efficiencies. The company is targeting expansions into new markets, specifically aiming to enter additional regions in Europe and North America by 2023. The CNY 300 million raised in the latest Series B funding round will be utilized to support these initiatives, allowing for increased development and marketing efforts to promote its technology solutions. The funds will also facilitate the development of new product features aimed at enhancing customer satisfaction and operational performance.

## Funding rounds

- Series B, Apr 26, 2019, $45M — GTJA Investment Group, YF Capital, Ample Harvest Finance, Langsheng Investment, V-Capital, Galaxy Yuanhui Investment
- Series A, Jul 5, 2017, $18M — YF Capital, Langsheng Investment

## Investors

- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A, Series B
- Langsheng Investment (https://capitalatlas.ai/funds/langsheng-investment) — Series A, Series B
- GTJA Investment Group (https://capitalatlas.ai/funds/gtja-investment-group) — Series B
- Ample Harvest Finance (https://capitalatlas.ai/funds/ample-harvest-finance) — Series B
- V-Capital (https://capitalatlas.ai/funds/v-capital) — Series B
- Galaxy Yuanhui Investment — Series B