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China’s Tax Saas Platform Yunzhangfang Snags Nearly $100M In Series E Round

Feb 19, 2022over 3 years ago

Amount Raised

$100 Million

Round Type

series e

Description

Yunzhangfang, a Chinese software-as-a-service (SaaS) tax platform, has received approximately $100 million in its Series E round led by private equity firm Apax Partners sub-fund Apax Digital. The round was joined by GF Securities’ GF Qianhe and GF Investment (Hong Kong).

Company Information

Company

Yunzhangfang

About

The company plans to use the proceeds towards IT infrastructure, brand management, product R&D, among others. The firm claims to offer its services across 36 tax regions in the country. Yunzhangfang, a Chinese software-as-a-service (SaaS) tax platform, has received approximately $100 million in its Series E round led by private equity firm Apax Partners sub-fund Apax Digital.

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