Keyfunc, which supplies enterprises with a virtual efficiency making plans and research platform, introduced on Thursday that it has finished A-round financing totaling just about 100 million yuan ($15.8 million), led through an internet-focused strategic investor and adopted through Xinchao Challenge Capital, Gobi Companions China and Yongyou Commercial Funding.
Wang Hualin, CEO of Keyfunc, mentioned that the contemporary budget will probably be used to extend funding in R&D and draw in extra skill within the box of undertaking mission control (EPM).
Lately, with expanding pageant amongst EPM merchandise, shoppers’ call for and expectancies for merchandise are bettering. Builders now not most effective want to meet quite a lot of control wishes inside enterprises, but additionally to assist enterprises succeed in forward-looking perception and adapt to speedy marketplace adjustments.
Keyfunc’s core product – a trade control platform – contains budgeting, consolidated statements, control document research and different programs, which will understand gross sales forecasts, amoeba control, multi-dimensional benefit and loss research, money glide research, trade simulation and extra. Keyfunc specializes in growing an research and control machine integrating trade and finance for enterprises.
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Following the of entirety of pre-A around financing in March final yr, Keyfunc’s trade has been expanded to production, intake, belongings, cyber web services and products, animal husbandry and different industries. Its shoppers come with fiberglass maker China Jushi, Hailide New Subject material and family merchandise maker TOTO. On the similar time, Keyfunc launched a “consolidated commentary control platform” within the first part of final yr, which empowered undertaking control and clever decision-making.