Founded Year

2016

Stage

Series C - II | Alive

Total Raised

$171.05M

Valuation

$0000 

Last Raised

$50M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-86 points in the past 30 days

About TUNGEE

TUNGEE provides intelligent sales solutions using big data and AI within the sales and technology sector. The company offers a comprehensive suite of services that include lead mining, business opportunity engagement, customer relationship management, and order analysis to help enterprises improve sales efficiency and performance. The company's solutions cater to a broad range of industries, including manufacturing, e-commerce, and financial services, by enabling digital transformation and sales process optimization. It was founded in 2016 and is based in Guangzhou, China.

Headquarters Location

5th Floor, Qinglan Street No.26, Xiaoguwei Street Panyu District

Guangzhou, Guangdong,

China

400 088 0046

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Expert Collections containing TUNGEE

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TUNGEE is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,309 items

A

Artificial Intelligence (AI)

9,151 items

Latest TUNGEE News

Tungee Completes $47.14 Million in Round B+ Financing, Led by Cathay Capital Private Equity

Dec 15, 2021

Tungee Completes $47.14 Million in Round B+ Financing, Led by Cathay Capital Private Equity (Source: Unifinn) On Wednesday, Tungee, one of the leading companies in the fields of intelligent sales SaaS in China, announced the completion of a B+ round of financing valued at 300 million yuan ($47.14 million). Its leading investor was Cathay Capital Private Equity, and co-investors were GGV, in addition to all previous shareholders Sequoia China, Qiming Venture Partners and Unity Ventures. Tungee said these funds would be used to invest in production and research, business expansion and service system upgrades while further promoting product R&D. Founded in 2016, Tungee is positioned as an intelligent sales service provider. It offers universal SaaS products and related solutions, and is committed to using big data and AI to help enterprises improve sales efficiency and sales performance. It now has over 1,000 staff, and has established branches all over China. Tungee’s products have been applied in a dozen industries, helping more than 10,000 enterprises take their operations into the digital realm and upgrade their sales teams. Well-known customers include Alibaba Cloud and China Merchants Bank, and their services can be found in financial, taxation, logistics, e-commerce and other industries. In terms of financing, according to the data of CVSource Investment, the company has obtained five rounds of financing since its establishment five years ago, roughly once each year. Alibaba Group joined its A-round of financing in 2018.

TUNGEE Frequently Asked Questions (FAQ)

  • When was TUNGEE founded?

    TUNGEE was founded in 2016.

  • Where is TUNGEE's headquarters?

    TUNGEE's headquarters is located at 5th Floor, Qinglan Street No.26, Xiaoguwei Street, Guangzhou.

  • What is TUNGEE's latest funding round?

    TUNGEE's latest funding round is Series C - II.

  • How much did TUNGEE raise?

    TUNGEE raised a total of $171.05M.

  • Who are the investors of TUNGEE?

    Investors of TUNGEE include Unity Ventures, Qiming Venture Partners, HongShan, GGV Capital, Cathay Capital and 6 more.

  • Who are TUNGEE's competitors?

    Competitors of TUNGEE include Xiaoshouyi and 1 more.

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