Beisen

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Beisen - overview

Established

2002

Location

Beijing, Beijing, China

Primary Industry

Software

About

Based in Beijing, China, and established in 2002, Beisen is a software company providing a human resources management platform. In 2015, the HR PaaS platform Beisen Cloud was released. In 2020, it launched HR SaaS and Talent Management Platform iTalentX. In May 2021, Beisen raised USD 260 million in series F funding.


In April 2023, it was listed on the Hong Kong Stock Exchange with stock code 9669. The company engages in the sales and production of human resources management platforms. The company can help companies achieve comprehensive digital management from employee recruitment, entry, and management to retirement. The products can be categorized into the recruitment management system, talent assessment, organizational personnel system, etc.


Beisen has served over 6000 large and medium-sized enterprises, including 70% of Fortune 500 companies in China. Over 150000 HR and 20 million enterprise employees use iTalentX in industries such as IT internet, high-tech manufacturing, and retail chains.


Current Investors

Genesis Capital, Sequoia, MPCi

Primary Industry

Software

Sub Industries

Internet, HR & Workforce Software

Website

www.beisen.com

Verticals

Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Beisen - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Jul 31, 2015Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Mar 31, 2019Mar 31, 2020Dec 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025
Revenue (USD)74,201,396.8100,574,693.464,415,200.3140,985,115.7182,060,365.8233,188,606.9-382,278,000458,537,000556,327,000679,627,000---
% Revenue Growth (YoY)-35.5%---28.1%--------
EBITDA (USD)(8,539,352.2)(18,285,357.1)(21,813,549.3)(50,663,580.2)(104,725,047)(138,736,977.2)-(242,087,000)(305,820,000)(129,394,000)(275,189,000)---
Operating Income (USD)(13,792,128.5)(22,150,125.2)(24,238,807.6)(55,354,906.6)(111,613,263.4)(146,829,063.8)-(250,049,000)(320,162,000)(141,105,000)(288,563,000)---
Operating Margin(18.6%)(22.0%)(37.6%)(39.3%)(61.3%)(63.0%)-(65.4%)(69.8%)(25.4%)(42.5%)---
% EBITDA Margin(11.5%)(18.2%)(33.9%)(35.9%)(57.5%)(59.5%)-(63.3%)(66.7%)(23.3%)(40.5%)---
NET Income (USD)(7,028,920.8)(12,095,448.5)(15,193,012)(41,375,652.8)(108,905,712.4)(145,436,596)-(690,165,000)(1,266,752,000)(940,140,000)(1,908,772,000)---
% Net Margin(9.5%)(12.0%)(23.6%)(29.3%)(59.8%)(62.4%)-(180.5%)(276.3%)(169.0%)(280.9%)---
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