# Zhejiang Gangwei Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhejiang-gangwei-network-technology-co

- Industry: Materials
- Headquarters: Hangzhou, China
- Website: www.prcsteel.com
- Total disclosed funding: $10M
- Latest round: Series A (Jul 8, 2014)
- Investors on record: 2

## About

Zhejiang Gangwei Network Technology Co., Ltd. specializes in innovative technology solutions that improve operational efficiency across various industries, focusing on real-time analytics and cloud-based software platforms.Founded in 2006 and headquartered in Hangzhou, China, Zhejiang Gangwei Network Technology Co., Ltd. provides technology solutions to enhance operational processes. The firm has engaged in three investment deals, the most recent being a Series B round where it raised USD 20.00 mn on October 26, 2015, from investors CCS Supply Chain Management Corp and Rui Capital.The company primarily offers a range of innovative technology solutions designed to enhance operational efficiency and streamline processes across various industries. Their core product suite includes a cloud-based software platform that integrates seamlessly with existing systems, providing real-time analytics and reporting tools tailored to the needs of businesses in sectors such as finance, healthcare, and logistics. These solutions address critical challenges related to data management and operational transparency, ultimately improving decision-making and resource allocation. The company serves a diverse client base, including small to medium-sized enterprises (SMEs) and large corporations, with notable penetration in markets such as North America, Europe, and Asia-Pacific.The company generates revenue through a subscription-based model that allows clients to access their technology solutions on a tiered pricing structure. This model includes various plans that cater to different business sizes and requirements, ensuring flexibility for clients ranging from startups to established enterprises. Additionally, strategic partnerships with key industry players enable the company to expand its reach and enhance service offerings. Transactions generally occur directly between the firm and its clients, facilitating streamlined processes that foster customer loyalty and retention. This direct-to-consumer approach is complemented by the company's flagship products, which have gained significant traction in the market, further solidifying the firm's position in its industry.Zhejiang Gangwei Network Technology Co., Ltd. plans to leverage its recent Series B funding of USD 20.00 mn, raised in October 2015, to enhance its product offerings and explore new market opportunities. The company is focused on developing new products aimed at improving operational efficiencies across various sectors and expects to launch these products within the next year. Additionally, there are plans to expand into North American and European markets by 2024, positioning the firm for greater market penetration.

## Funding rounds

- Series A, Jul 8, 2014, $10M — BAI Capital
- Angel, Jan 1, 2013 — Easy Capital Partners

## Investors

- Easy Capital Partners (https://capitalatlas.ai/funds/easy-capital-partners) — Angel
- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Series A
