Lixiaoyun, a China-based B2B SaaS vendor that provides CRM SaaS, harvested hundreds of millions of CNY from its Series B+ funding.
The round was led by Telstra Ventures, with participation from Fortune Capital, Pegasus Capital, and Legend Capital.
Leap Capital served as Lixiaoyun’s exclusive financial advisor for this funding round. The money will flow into R&D, platform construction, and marketing.
Company: Shanghai Weiwenjia Information Technology Co., Ltd.
Round: Series B+
Funding Month: June 2022
Lead Investors: Telstra Ventures
Additional Investors: Fortune Capital, Pegasus Capital, and Legend Capital
Company Website: https://www.lixiaoyun.com/
Software Category: CRM SaaS
About the Company: Founded in 2014, Lixiaoyun, a Chinese B2B SaaS vendor, expanded its business into thousands of cities in China, serving tens of thousands of companies and millions of salesmen. It has also entered the partner ecosystem of Tencent Cloud, linking with more than 40 million SMEs and over one billion WeChat users. Its products meet the needs of pre-sales, sales, and after-sales processes. With its accumulated industry know-how, Lixiaoyun will deliver more and more precise services. Lixiaoyun aims to improve companies’ sales productivity with its whole process SaaS solutions. Lixiaoyun makes enterprise sales more successful as its mission, it is committed to using artificial intelligence (AI), big data, and other new-generation technological innovations to provide a full-process intelligent sales process from "finding customers - screening customers - managing customers to depositing digital assets" for the diversified sales ecology of enterprises.