Insightone has completed over CNY 100 million round of funding. The Pine VC led this funding round. A subsequent investment was made by Yuan Partner. Insightone has finished four funding rounds in two years.
This funding will help Insightone to develop the necessary tools and technologies, speed up commercialization, hire top talent, build privacy-preserving computation-based networking, and enter new niche markets like financial and government services.
According to Yang Wang of Pine VC, China is actively supporting the development of privacy-preserving computation technology, and Insightone is the market leader in this area with strong R&D capabilities. The company has a fantastic team that has a clear vision and a deep understanding of its business, and it has completed numerous projects successfully. The company wants to grow into more specialized markets and offer its clients safer and more effective data services that support digital transformation.
The China Chengxin Credit Rating Group, the fourth-largest Credit Rating Group in the world, incubated the company in 2020. With a focus on data security, Insihgtone has risen to the top of the sector.
Insightone has established hundreds of distribution and dozens of connection formats in the banking, insurance, asset management, communications, energy, and other sectors, and is currently in the commercial stage.