CloudCC.com

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CloudCC.com - overview

Established

2008

Location

Beijing, -, China

Primary Industry

Software

About

CloudCC is a technology company that specializes in providing a comprehensive Customer Relationship Management (CRM) system, aimed at improving client engagement and operational efficiency for businesses worldwide. Founded in 2008 in Beijing, China, CloudCC is focused on delivering innovative CRM solutions. Martin Sun, the founder, has a history of entrepreneurship, although specific details of his previous ventures are not available. The company has raised a total of CNY 30.


00 mn through its Series A funding round in August 2017, attracting investors such as Ameba Capital. The firm has completed 2 significant deals since its inception, underlining its growth and market presence. CloudCC's primary offerings revolve around its comprehensive CRM system, designed to enhance customer engagement, sales effectiveness, and operational efficiency for businesses across various industries. The platform includes features for managing sales leads, contracts, inventory, and customer accounts, along with advanced capabilities like process automation, team collaboration tools, and marketing campaign management.


Key functionalities such as the CPQ (Configure, Price, Quote) feature enable users to streamline product configurations and optimize pricing strategies. The CRM system supports businesses in segments including education and finance, catering to a diverse clientele seeking scalable and efficient solutions for customer relationship management. The products are available in multiple international markets, providing localized support and features suited to different regional requirements. In the most recent year, 2019, CloudCC reported revenues of CNY 4,924,926.


70, while its EBITDA for the same year stood at CNY -926,999. 60. The company generates revenue primarily through a subscription-based model for its CRM software, encompassing various pricing tiers tailored to different business needs, allowing clients to engage through direct sales opportunities and subscribe to diverse packages that include CRM, budgeting, and project management tools. CloudCC has plans for future growth that include the design and launch of new products aimed at enhancing its CRM offerings.


The company is also focused on expanding into new markets and geographic regions, although specific targets and timelines have not been disclosed. The recent funding round in August 2017 will be utilized to support these initiatives, although detailed plans on the allocation of this funding are not available.


Current Investors

Shenzhen Comix Stationery, Honwa Leasing, Ameba Capital

Primary Industry

Software

Sub Industries

Sales & Marketing Software, Customer Relationship Management

Website

http://www.cloudcc.com

Company Stage

Series B

Total Amount Raised

Subscriber access only

CloudCC.com - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019
Revenue (USD)4,131,634.25,185,298.29,417,50214,913,966.317,276,231.4---
% Revenue Growth (YoY)-25.5%81.6%58.4%15.8%---
EBITDA (USD)(78,313.4)(1,094,299.7)(104,725.8)(2,052,870.4)(16,716,947)---
Operating Income (USD)(80,332.5)(1,131,258.9)(146,548.3)(2,114,360.3)(17,074,909.7)---
Operating Margin(1.9%)(21.8%)(1.6%)(14.2%)(98.8%)---
% EBITDA Margin(1.9%)(21.1%)(1.1%)(13.8%)(96.8%)---
NET Income (USD)(65,210.8)(719,477.8)868,741.3(1,249,686.1)(14,941,600.1)---
% Net Margin(1.6%)(13.9%)9.2%(8.4%)(86.5%)---

CloudCC.com - key contacts

NamePositionStart DateEnd DateVcardBio 
监事会主席BM

BM Board Member

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