The Sunyard-backed fiscal and accounting software startup raised $14.2m in funding, with GGV Capital leading the round.
Venture capital firm GGV Capital has led a RMB100m ($14.2m) series A-plus round for Rongyisuan, a China-based business finance software developer backed by enterprise software supplier Sunyard, DealStreetAsia has reported.
Founded in late 2018, Rongyisuan provides bespoke tax and accounting services for small and medium-sized enterprises and private customers.
The company has developed an artificial intelligence-empowered operations management tool called Yijiezhang that supports smart bookkeeping, risk detection and tax filing. The round took its overall funding to more than $28m.
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