The company, regarded as China’s Notion, has garnered three consecutive rounds of investment led by top investors
China’s digital information management firm FlowUs (Chinese: 息流) has closed three financing rounds worth over CNY 10 million (USD 1.53 million) co-led by IDG Capital.
The lead investors of the other two rounds are Volcanics Venture and InCapital.
Founded in 2021, FlowUs is committed to offering productivity tools for individuals and teams on mobile devices and PC, integrating functions such as documents, multidimensional tables, and folders.
“A new generation of productivity tools should enable users to build a workbench to meet their needs and create a workflow in line with personal thinking habits,” Zhaofei Wang, founder of FlowUs, elaborated on the idea of their product.
The market size of the domestic SaaS industry has reached CNY 53.8 billion in 2020, up 48.7% year on year, and the number will surge to an estimated CNY 99.1 billion this year, according to industry analysis company iResearch.
Another Chinese software service provider Worktile completed on April 25 its CNY 100 million Series C financing round backed by Eight Roads, Firstred Capital, and Yealink (300628) (Chinese: 亿联网络).