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Yunxi Technology
Intelligent digital service provider based in Hangzhou
About Yunxi Technology
Established in 2016 by founder and CEO Bao Zhigang, Yunxi Technology has emerged as a significant player in China's digital transformation landscape. Zhigang, a veteran with nearly two decades of experience in the enterprise IT services market, including a senior vice president role at Yonyou Network, brings a deep understanding of corporate internet transitions to the company's helm. He is joined by co-founders Li Yuanjia (CTO), a former Huawei product manager and big data scientist, and Chen Xinyu, the chief architect with a background as a postdoctoral researcher at the Chinese University of Hong Kong.
Yunxi Technology operates as a digital service provider, specializing in what it terms a "business + data" dual middle-platform system. This system integrates cloud computing, big data, and AI technologies to offer businesses comprehensive digital innovation services. The company's business model targets large, industry-leading clients with project-based solutions and personalized services, while also developing SaaS-based solutions for mid-sized customers. Revenue is generated by providing these end-to-end marketing digitalization solutions.
The company's core offering is a digital middle-platform (PaaS) combined with a suite of full-link marketing digital SaaS applications. This includes a digital middle-platform PaaS,全-channel sales, marketing intelligence, and smart IoT solutions designed to help clients create online, omni-channel business scenarios. The platform, which has evolved to version XLightning 5.0, is designed to be a flexible internet architecture that supports real-time, omni-channel transactions. Key product lines include "Shujian" for large enterprises and "Shuying," a SaaS service for retail chains. This technology helps businesses achieve full-scenario online operations, utilize data for intelligent operations, retain customers, and increase repurchase rates.
Yunxi Technology serves a diverse client base across sectors such as consumer goods, automotive, real estate, and retail chains. Notable clients include industry leaders like Procter & Gamble, Mengniu Group, Haier Group, SAIC Motor, and Country Garden. The company has secured substantial financial backing through multiple funding rounds, totaling over $200 million. Its investors include prominent names like Sequoia Capital China, Tencent Investment, and Yunfeng Capital, a private equity firm backed by Alibaba's founder. As a strategic partner of Alibaba Cloud, Yunxi Technology leverages this relationship to enhance its technological offerings.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Oct 2021 | $100M | $400M | Undisclosed | ↗ |
| SERIES BOther financing | Oct 2019 | $49M | $198M | Sequoia · Xianghe Capital · HongShan | — |
Growth signals
Latest recorded traffic for Yunxi Technology is 320 monthly website visits, down 84% over the last three months. Yunxi Technology's team grew 0% over the past year.
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Global footprint
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