Shenzhen Fadada Network Technology Co., Ltd.

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Shenzhen Fadada Network Technology Co., Ltd. - overview

Established

2014

Location

Shenzhen, Guangdong, China

Primary Industry

Software

About

Shenzhen Fadada Network Technology Co. , Ltd. specializes in electronic contract solutions, providing innovative services for electronic signatures and contract management through a robust SaaS platform, enhancing efficiency for businesses across various sectors. Founded in 2014, Shenzhen, China, the company focuses on leveraging technology for electronic contract solutions.


It has undertaken significant funding rounds including a Series D round in March 2021, raising RMB 900 million led by Tencent Investment, with involvement from Centurium Capital and ZWC Ventures. The company operates independently and has established a presence in both domestic and international markets. Xiang Huang, one of the founders, holds the position of CEO. 法大大 offers a comprehensive suite of electronic contract solutions primarily focused on electronic signatures, seals, and contract management through its SaaS platform.


The company's core offerings include a range of subscription packages designed for various business sizes, from small startups to large enterprises. These products enable users to securely sign, manage, and archive contracts online, significantly reducing the time and risks associated with traditional paper-based processes. The platform employs multi-layer encryption and identity verification technologies to ensure the integrity and security of contracts, with notable compliance to international security standards. Key use cases include digital signatures for HR contracts, real estate transactions, and supply chain agreements, catering to clients in diverse sectors such as finance, healthcare, and logistics.


The company serves a broad geographical market, with clients spanning across major urban centers in China and expanding into international markets. 法大大 generates revenue through subscription-based pricing models tailored to different user needs, including starter packages for small companies and advanced packages for larger enterprises requiring API integration. Customers can select from several pricing plans, such as the "尝鲜套餐" (Taster Package) at 350 RMB for a limited number of signatures, and the "基础套餐" (Basic Package) priced at 598 RMB, offering additional features for contract management. Business transactions typically involve B2B interactions, where companies subscribe to the service to facilitate electronic contract signing and management for their internal processes or client-facing agreements.


The structure of these subscriptions allows for scalable access to the platform, enabling businesses to efficiently manage their contractual obligations while enhancing compliance and productivity. The recurring revenue model ensures a steady income stream as businesses renew their subscriptions annually or semi-annually based on their operational needs. In March 2021, Shenzhen Fadada Network Technology Co. , Ltd.


raised RMB 900 million in Series D funding led by Tencent Investment, with participation from Centurium Capital and ZWC Ventures. The company plans to utilize this funding to enhance its product offerings, including the launch of new features and packages aimed at expanding its client base. Additionally, the company is targeting international markets for expansion, particularly in Southeast Asia and Europe, by the end of 2023.


Current Investors

Peeli Ventures, Harmony Venture, Bojiang Capital Management Group

Primary Industry

Software

Sub Industries

Corporate Law, Legal Software

Website

www.fadada.com

Verticals

Cloud Computing

Company Stage

Series D

Total Amount Raised

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