Source: Guandata (ID: GuandataAIBI)
On February 22, 2022, Guandata announced the completion of RMB 280 million in Series C financing, led by Tiger Global, with participation from existing shareholders including Sequoia Capital China, Linear Capital, Xianghe Capital, and Unicorn Capital Partners.
Su Chunyuan, Founder & CEO of Guandata, said that this round of financing will be mainly used for three directions: deepening the intelligent analytics product matrix, upgrading the customer success system, and building key industries and user ecosystems.
Since its establishment in September 2016, Guandata has been deeply engaged in the data analytics and business intelligence (Analytics & BI) market.
Compared to most reporting-based BI products on the market that primarily target IT users, Guandata's one-stop intelligent analytics platform is positioned for all enterprise employees. Through agile, scenario-based, and intelligent analytics capabilities, it enables a wide range of business users to use data for refined management and agile decision-making, capturing certain opportunities in a rapidly changing business environment.
Based on the mission of "Let business use data, make decisions smarter," Guandata insists on long-term innovation in products and technology, and on providing long-term value to customers. It is accelerating its journey to become the preferred choice for leading brands across industries.
In the five years since its founding, Guandata has entered nearly 10 industries including retail and consumer goods, finance, high-tech, and internet. It has served more than 400 industry-leading customers, including Unilever, LVMH, China Merchants Bank, Bank of Ningbo, Anta, Genki Forest, Xiaohongshu, Mixue Bingcheng, Yangtze River Pharmaceutical, and China Resources Group, continuously leading the best practices of data-driven decision-making across industries.
Looking ahead to the next five years, Guandata recently released its latest vision. All "far travelers" of Guandata will continue to adhere to long-termism, striving to become the "global leader in intelligent decision-making, enabling 10 million users to enjoy the value of data."
Great Products Lead the Future
Three Differentiators: Cloud-Native, Big Data, AI-Enhanced
Since its inception, Guandata has conducted long-term R&D innovation in cloud-native, big data, and AI technologies, planning and releasing products to the high standards of Fortune 500 and industry-leading customers.
After five years of continuous iteration and extensive customer validation, Guandata recently released two milestone products: Guandata Analytics Cloud 1.0, based on cloud-native and an application marketplace, and the enterprise-level intelligent analytics platform 4.0, based on a big data architecture.
Guandata Analytics Cloud 1.0 is a new-generation BI SaaS that leads industry innovation.
Analytics Cloud 1.0 adopts a managed service model, providing new economy and new brands with low-cost, more worry-free, and faster-response products, along with higher-level security assurance services.
Through the cloud application marketplace, it offers scenario-based applications including typical analytics scenarios for new brands, meeting the needs of new economy and high-growth enterprises for agile deployment of data analytics applications and elastic expansion as business needs evolve.
Guandata Intelligent Analytics Platform 4.0 is a domestic replacement for foreign products in the enterprise BI market, and is becoming a new choice for BI selection and upgrade among industry-leading enterprises.
The newly released Analytics Platform 4.0, based on a new-generation data technology architecture, has surpassed previous-generation BI products on many key indicators after five years of refinement. It supports second-level response for 1 billion rows of data, cluster computing with more than 100 nodes, and three-dimensional analytics needs for 1,000 to 10,000+ different users.
Guandata's R&D team, based on a decade of experience developing products for one-third of the Fortune 500, integrates enterprise-level requirements of IT governance and business autonomy. It deeply encapsulates complex underlying computations in the backend, and enables business users to implement business data analytics needs simply, quickly, and agilely in the frontend, allowing IT to empower business and business to drive growth.
A Long-Term Partner Trusted by Customers
Two Keywords: CSM 2.0 and Data Analytics Methodology
Continuously generating value for customers is the only reason for Guandata's existence. Internally, the third Friday of every month is designated as the company-wide "Customer Success Day."
All core executives, relevant line leaders, and the customer success team start at 9 a.m. to review the recent usage of all customers, discuss key anomalies and action plans, and share typical excellent data application practices, using whether customers use the product well and whether it continuously generates business value as the company's most important value evaluation anchor.
In 2022, Guandata will upgrade its customer success system to CSM 2.0. Centered on the mission of "Let business use data," we are fully promoting the upgrade of customer success standards, using active BI usage as a key success indicator for evaluating project implementation, and assisting customers in continuously tracking the value data brings to business.
In 2022, Guandata will also release a data analytics methodology of "Let business use data," refining and sharing best practices of data-driven decision-making across industries.
Combining the different needs of customers at different stages, Guandata's CSM 2.0 plan, combined with the data analytics methodology, ranges from the Quick Win Plan, Spark Plan, Deep Cultivation Plan, Prairie Fire Plan, to the Summit Plan, enabling business users to use data well and make decisions quickly, frequently, broadly, autonomously, and deeply.
Recognition from Authoritative Institutions and Global Top Capital
One Goal: Future Leader, Leading Continuous Industry Innovation
With its hardcore product and technology strength, excellent customer reputation, and continuous innovation and iteration capabilities, Guandata has in recent years received numerous recognitions and honors from third-party authoritative institutions and organizations such as the World Economic Forum, Forbes China, Deloitte, KPMG, and FastCompany.
At the same time, over the past five years, Guandata has repeatedly won the favor of top domestic and international capital. In this round of financing, Tiger Global, a globally renowned SaaS and technology investment institution, led as a new investor, with all existing shareholders following.
Wang Pengfei, Global Partner at Tiger Global, said:
Tiger Global is very optimistic about China's data analytics and business intelligence market, especially teams driven by product technology and with a good customer reputation. They can continuously build value barriers over the long term and continuously generate real business value.
We are delighted to see that over the past few years, Guandata has become a rapidly rising and customer-trusted brand in China's BI industry. Centered on the concept of "Let business use data," it continuously drives product and service innovation, bringing customers a different value experience. We believe Guandata will surely become a leader in the BI field.
Ji Yue, Partner at Sequoia Capital China, said:
The global data analytics and business intelligence (Analytics & BI) field has always been a huge and rapidly growing market. In China, as digitalization becomes the core growth engine for various industries, the capability of data-driven decision-making is also accelerating to become the core competitiveness of enterprise operations. The domestic market is ushering in huge opportunities.
In the next five years, we continue to be optimistic about Chunyuan and his team's adherence to long-termism. Based on customers' actual needs, they continuously innovate in products and services. We believe Guandata can help a wide range of Chinese enterprise users use data well, make good decisions, and become more advanced organizations.
Zhang Zhaohua, Investor at Unicorn Capital Partners, said:
With the comprehensive acceleration of industry digital transformation, enterprises urgently need data-oriented analytics solutions to help their internal diversified decision-making and complex multi-level needs. We continue to be optimistic about the Guandata team's continuous iteration of products and services, becoming a long-term partner trusted by customers, and promoting the development of the intelligent analytics and decision-making industry.
Wang Huai, Founding Partner at Linear Capital, said:
As the earliest angel lead investor in Guandata, over the past few years we have been delighted to witness every key iteration of Guandata's founder, core team, and business;
From 2021 to 2022, Guandata has achieved huge milestones in both financing and SaaS business. We believe the Guandata team will continue to build the best products at a higher dimension and on a broader battlefield, promoting and leading the rapid development of the entire industry.
Yang Liu, Co-Founding Partner at Xianghe Capital, said:
Since Xianghe led Guandata's Series B round, we are glad to see that with its agile, easy-to-use, and enterprise-grade BI products, Guandata has not only become the number one brand in the retail and consumer industry, but has also successfully expanded into major industries such as finance, high-tech, and central state-owned enterprises.
We are delighted to see the core team of Guandata continuously iterating and upgrading, being comprehensive, compound, and extremely competitive. We firmly believe that Guandata will become a leading enterprise in China's BI field under the leadership of Chunyuan.
Regarding this financing, Su Chunyuan, Founder & CEO of Guandata, said:
As we unfold the next five years, I thank all investors for giving us more resources and companionship on the path of long-termism, and for making our pursuit of long-term vision more steadfast;
I am grateful to every customer and every user over the years for their valuable feedback and unconditional trust. These reminders keep us humble and forge ahead;
Finally, I want to thank every far traveler of Guandata who is candid, hardcore, and mutually supportive. "The world's magnificent and extraordinary views often lie in dangerous and distant places." In the era of data intelligence, let us climb the peak together and achieve extraordinary things.
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