Zhuiyi Technology Secures New Strategic Funding Round to Deepen AI Capabilities and Accelerate Industrial Digital Transformation
Advance AI technology innovation and industrialization.
Recently, Chinese AI company Zhuiyi Technology announced a strategic funding round of several hundred million RMB from China Internet Investment Fund and China Mobile Innovation Industry Fund, with Gaorong Ventures and 5Y Capital also making follow-on investments. Gaorong Ventures led Zhuiyi's Series A round in 2016 and has continued to participate in subsequent rounds.
The strategic funding will be primarily directed toward AI core technology and product R&D, emerging business and market expansion, and industrial ecosystem partnerships.
Deepening AI to Power Industrial Digital Intelligence
Founded in 2016, Zhuiyi has successively secured backing from multiple top-tier venture capital and industrial investors through its innovative AI technology products and extensive practical industry experience. "Zhuiyi Technology has been committed to independent R&D of core AI technologies including natural language processing and multimodal systems, as well as enterprise intelligent application practice. Over the past five years since its founding, it has become a leading AI service provider in finance, telecommunications, and government sectors. This support from 'national team' capital reinforces our confidence in deepening our AI focus and empowering industrial digital intelligence," said Yue Wu, founder and CEO of Zhuiyi Technology. "Zhuiyi is embarking on its next five-year journey. We look forward to working closely with our partners to jointly advance AI technology innovation and industrialization, and to become the most trusted AI service partner for enterprises and governments in the intelligent era."
Dual Engines of AI Interaction and Analysis Drive Industrial Leadership
Based on leading natural language processing and multimodal technologies, Zhuiyi has built a Conversational and Analytical AI Application Platform and the AIForce Digital Workforce product suite along two AI application directions — dialogue and analysis — for enterprise marketing, sales, service, and operations scenarios.
The Conversational and Analytical AI Application Platform delivers platform capabilities to customers and partners, enabling enterprises to build various AI applications with low-code, convenient, and efficient tools. The AIForce Digital Workforce product suite encompasses multiple products including online chatbot Bot, voice bot Call, multimodal digital human Face, intelligent training bot Learn, intelligent assistant bot Pal, and intelligent analytics bot See. Refined through hundreds of enterprise client projects, these products are highly standardized, replicable, and support rapid, convenient, and flexible secondary development.
Additionally, Zhuiyi has established an industry-leading efficient delivery and service system supporting multiple flexible deployment models including public cloud, private cloud, and hybrid cloud, with delivery and service efficiency doubling over the past two years.
Currently, Zhuiyi has become a leading AI startup with numerous benchmark clients and rich practical experience in China. In the financial and telecommunications industries, Zhuiyi serves 70% of the top 20 banks, 50% of the top 10 insurance companies, and AA-rated securities firms, as well as all three major telecom operators. Zhuiyi's industry coverage continues to expand, serving leading enterprises in government, energy, real estate, retail, culture and tourism, education, manufacturing, and healthcare — totaling over 300 benchmark clients. The renewal rate from key clients far exceeds 100%, and the company has developed a sustainable revenue business model combining software with operations.
Building Innovative AI Applications to Create Greater Business Value
AI innovation knows no bounds. Zhuiyi Technology continues to explore the breadth and depth of intelligent interaction and analytical applications, continuously uncovering new market opportunities.
WeCom is the next-generation customer management platform. Zhuiyi was among the first to integrate its Conversational and Analytical AI Application Platform and AIForce Digital Workforce product suite into WeCom service and marketing, working with partners to build a full-chain intelligent solution covering customer acquisition, management, service, marketing, and analysis. In the new era of 5G video interaction, Zhuiyi's multimodal digital human solution makes the interaction experience more efficient and personable. Facing the global market, Zhuiyi has begun exporting its advanced AI products and service capabilities.
"Over the past five years, our first batch of enterprise clients has shifted their AI investments from innovative, experimental spending to rapidly growing regular spending year over year. Zhuiyi has worked with clients to build innovative AI applications around business scenarios that generate significant value," said Wu. "Going forward, Zhuiyi looks forward to joining hands with ecosystem partners in the industry to explore more AI innovation practices through open cooperation and scenario integration, jointly delivering greater business value to clients."
