# Zhen Zero Technology

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: https://onecontract.hand-china.com
- Total disclosed funding: $23M
- Latest round: Series A (Jan 4, 2023)
- Investors on record: 4

## About

Based in Shanghai, China, and founded in 2021 by CEO Weihu Xie, CTO Wei Chen and Ming Yuan, Shanghai Zhenling Technology Co., Ltd. d.b.a. Zhen Zero Technology is a software firm that provides contract value lifecycle management system for businesses to manage digital and intelligent contracts, reduce management costs, and strengthen business risk prevention capabilities. In June 2022, Shanghai Zhenling Technology Co., Ltd. raised CNY 53 million in a Series A funding led by Yunqi Partners, with participation from Blue Lake Capital.

The company provides a Yinuo Smart contract cloud platform for enterprises to provide professional contract management through a contract simulation life cycle, contract performance life cycle, and integrating third-party capabilities to enhance enterprise contract business execution efficiencies, strengthening the enterprise contract risk prevention ability, and reducing management costs. The platform offers a wide range of features, including Contract templates, Contract formulation, Contract approval, Contract signing, Contract Changes, analyze contract texts to assist in risk prevention, Contract Performance, and Contract ends warning. In addition, the platform also allows users to co-edit, text contrast, text retrieval, and semantic recognition contracts.

Zhen Zero Technology plans to use its proceeds from June 2022 funding for product development to extend the value management of the performance phase of the contract.

## Funding rounds

- Series A, Jan 4, 2023, $10M — Redpoint Ventures, Blue Lake Capital, Yunqi Partners
- Series A, Jun 15, 2022, $7.9M — Blue Lake Capital, Yunqi Partners
- Angel, Nov 4, 2021, $4.7M — Blue Lake Capital, Plum Ventures

## Investors

- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Angel, Series A
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A