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§ Private Profile · Chaoyang, Liaoning, China
Cloud-based HR tech company providing outsourced human resources, social security, payroll, and benefits management for Chinese enterprises.
51Shebao is a Beijing, China-based human resources technology company that provides cloud-based social security, payroll, and benefits management services for businesses. The company operates a software-as-a-service platform that helps enterprises automate employee tax compliance, insurance enrollment, and salary distribution. The platform serves over 100,000 enterprise customers across more than 100 cities, catering to sectors such as retail, education, and high-tech services. 51Shebao has raised capital through multiple financing rounds, including a $100 million Series C round led by Zhaopin. Additional financial backing comes from institutional investors such as SoftBank China Venture Capital, SIG China, K2VC, and Zhubajie. In 2020, the organization upgraded its corporate brand to Tongbu Group to encompass a broader suite of enterprise administrative solutions. The company was founded in 2014 by Yu Qingquan.
51Shebao has raised $10.0M across 1 funding round.
51Shebao has raised $10.0M in total across 1 funding round.
51Shebao has raised $10.0M in total across 1 funding round.
51Shebao has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series B in June 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 17, 2016 | $10M Series B | — | — | Announced |