Cloudpense completes multi-million-yuan Series B funding

Cloudpense, a smart expense management SaaS service provider, has received tens of millions yuan in Series B round of funding. The investor is Zizhu Xiaomiao Seedlings Investment, a wholly-owned subsidiary of Shanghai Zizhu High-tech Park.

Cloudpense, a smart expense management SaaS service provider, has received tens of millions yuan in Series B round of funding. The investor is Zizhu Xiaomiao Seedlings Investment, a wholly-owned subsidiary of Shanghai Zizhu High-tech Park.

Registered in Zizhu High-tech Park in 2015, Cloudpense is an excellent example of small and medium-sized science-and-technology innovation enterprises in the park. Previously, the company had received investment from well-known institutions and enterprises such as JD Finance, Recruit, and iVista Capital.

Fang Zhenghao, Investment Director of Seedlings Investment, said: “We believe that expense management and financial management are the general needs of medium and large enterprises, and the market value is in the billions. Cloudpense is outstanding in terms of the number of cases in large and medium-sized enterprises, word-of-mouth by major clients, adherence to SaaS product ideas, product performances. The company is expected to become the leading SaaS service providers. “

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/cloudpense-completes-multi-million-yuan-series-b-funding/.

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