Guan Data announced its completion of round-C financing of 280 million yuan ($44.16 million) on Tuesday, which was led by Tiger Global and followed by shareholders including Sequoia China, Linear Capital, Xianghe Capital and Unicorn Capital Partners.
Su Chunyuan, the company’s founder and CEO, introduced that this round of financing will be mainly used in three major directions, including deepening the intelligent analysis product matrix, upgrading the customer success system, and the long-term construction of industrial and user ecology.
The company was established in September 2016, positioning itself as a one-stop data analysis and business intelligence platform provider, offering customers “AI + BI” intelligent analysis and decision-making related products and solutions.
The company has launched a one-stop intelligent analysis platform for business users, taking analysis and decision-making as its core competence. At the bottom of the enterprise IT architecture, the company connects the core data sources such as ERP, POS, CRM, mini programs, finance and supply chains, and presets a series of analysis models commonly used in the industry, so that users can analyze the data and make decisions for business scenarios.
At the operational level, the company has doubled the number of customers and its revenue by 2021, with the customer retention rate exceeding 90%, and ARR revenue with subscription model as the core has increased by several times.
At present, the company has entered nearly 10 industries such as retail and consumption, finance, high technology and internet, and its benchmark customers include more than 400 enterprises such as Unilever, LVMH, China Merchants Bank, Bank of Ningbo, ANTA, Genki Forest, Xiaohongshu, MXBC, Yangtze River Pharmaceutical Group and China Resources.