SaaS startups have become the darling of Venture Capital investors, especially in Shanghai. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 5 VC funded SaaS startups in Shanghai .
With the use of mobile, IoT, and web-based collaboration platforms that collect, display, monitor, and analyze real-time production data, Black Lake Technologies, a rapidly expanding and venture-backed business, is changing manufacturing organizations. We make it simple for manufacturing employees, from top management to assembly line workers, to communicate, analyze data, draw conclusions, and act right away. The company's clients, whose output Black Lake facilitates, range from medium-sized businesses to Fortune 500 giants. GSR, BAI, GGV, ZhenFund, China Growth Capital, and IDG are some of its investors; to far, more than CNY 100 million has been raised.
The shadowy coffee industry is brought to light by Coffee Exchange. Our goal is to offer a free market, business-to-business (B2B), digital platform for trading coffee where participants can make purchasing and selling decisions based on contemporaneous, accurate information. Coffee Exchange uses technology to simplify the exchange of green coffee from the farm gate to the consumer's smartphone. For all of the above coffees, CEx offers appraisal of the coffee, logistics, customs clearance, quality checks, marketing support, and final delivery. By streamlining and condensing the supply chain, the Coffee Exchange market enhances the price paid to coffee growers and lowers the cost to coffee roasters. With the help of our technology, complex problems like order consolidation, freight tracking, sample management, quality control, data analytics, and the distribution of advertising and marketing materials may be solved. More than 1100 coffee roasters in China participate in Coffee Exchange's active trade relationships with a few key coffee growers in Ethiopia, Rwanda, Ecuador, Colombia, Guatemala, and El Salvador. Our platform is now being tested in the USA, and it will soon be made available in the UK and South Korea.
On Haiou Electric Cloud Information Technology Co., Ltd., often known as "European cloud," the top cross-platform cloud services and solutions provider for e-commerce systems. The company's primary areas of interest include research and development (R&D) and the management of large-scale e-commerce systems, including back-end supply chains, e-commerce websites, and omnichannels including PC, cellular, and physical shops. It creates premium O2O, B2C, and B2B smart electronics based on the SaaS cloud service model business platform, with sophisticated Internet e-commerce concept, to offer the best strategic consulting services to assist transform the established industry and usher in the "Internet Plus" age. European Cloud was founded on March 3 of 2015 and received the "2015 Shanghai Pudong New Area e-commerce innovation pilot firms" award in July of that same year. They adhere to the tenet "Let the world focus on business and no longer worry about electronics," with the main concepts of "producing social value" and "sharing, ultimate, and execution." They adhere to the "First Spirit" idea and place a high value on goods and services. The entire team is motivated and effective, moving quickly and firmly in the direction of well-defined goals.
Tezign is the fast-growing tech startup in China. With the vision Technology Empowers Imagination, Tezign aims to build the digital infrastructure of content experience. Tezign helps medium to large enterprises to achieve one-stop content creation, management, generation and optimization with advanced AI and data intelligence technology.Tezign is also the first Chinese mainland technology company to systematically launch Digital Asset Management (DAM) solutions. Tezign has partnered with over 8000 of brands in different industries such as Alibaba, ByteDance, Unilever, Shiseido, Bayer, Budweiser, Ant Financial, Ping An, Nestle, Tencent, Loreal etc. Tezign is backed by world recognized investors including Temasek, Sequoia Capital, Hearst Ventures, Linear Capital, among others. Tezign has been a unicorn in ConTech industry. In 2017, Tezign and Tongji University jointly founded the Design A.I. Laboratory and graduate program for applied research to bring machine learning and A.I. technology to content creation and experience design. Tezign was awarded as TOP.1 in China in the list of The Information 50 startups, Fast Company top 50 of China's best innovative companies, and Forbes High Growth Gazelle.
Software as a service solutions for business collaboration are created by Xforceplus. The company offers supply chain collaboration and invoice management software that is internet-based and cloud-based, covering supply chain settlement, real-time electronic accounts, tax reporting, tax analysis, electronic invoicing, and other related areas. This enables businesses to boost tax revenue, release capital vitality, and ensure financial security.
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