Undisclosed investors have supplied series D funding for the Sunshine Insurance and Xiaomi-backed bookkeeping and taxation software developer.
Huisuanzhang, a China-based online accounting platform developer backed by insurance firm Sunshine Insurance and consumer electronics producer Xiaomi, raised $80m in series D funding from undisclosed investors on Saturday.
Founded in 2014 as an affiliate of accounting group Beijing Kungeek Technology, Huisuanzhang has built a corporate finance software tool which helps organisations with tasks including business registration, taxes, bookkeeping and licence management.
The company’s customers include some 850,000 small, medium and micro-sized enterprises operating across more than 20 industries including…
