Data Grand

About Data Grand

Data Grand, also known as 达而观信息科技(上海)有限公司, is a Chinese software developer established in 2015 by Chen Yunwen. The company specializes in intelligent text processing, leveraging a combination of Robotic Process Automation (RPA), Natural Language Processing (NLP), Optical Character Recognition (OCR), and Knowledge Graph technologies. It provides enterprise-level solutions for automating and optimizing business processes.

The company's core offerings include an Intelligent RPA platform that integrates AI capabilities to handle complex workflows beyond simple data-based tasks. Its product suite features a studio for building automations with a drag-and-drop interface, a console for deploying and monitoring tasks, and software robots for execution. Data Grand's NLP services are built on a large annotated corpus, enabling functions like automatic document extraction, content review, and risk assessment for contracts and financial documents. Additionally, its OCR platform extracts text from images and scanned documents. A key product is the 'Caozhi Large Model', which, combined with RPA, creates 'Digital Employees' capable of understanding complex language, planning tasks, and utilizing a knowledge management system to improve performance over time.

Data Grand serves a wide range of industries, including banking, finance, accounting, telecommunications, and manufacturing. Its solutions are applied to various business scenarios such as financial report analysis, loan approvals, risk compliance, intelligent marketing, and supply chain management. The business model is primarily B2B, providing these software products and solutions to other enterprises to enhance their digital transformation and operational efficiency.

Since its founding, Data Grand has achieved significant financial milestones. The company has raised a total of approximately $164 million over seven funding rounds. Its first seed round was in January 2016, and the most recent was a Series C round in March 2022, which raised about $91.8 million. This Series C financing set a new record in China's NLP and knowledge graph sector. The company's investors include prominent firms such as CITIC, China Merchants Securities, Shenzhen Capital Group, Legend Star, SAIF Partners, and CBC Capital.