Chinese SaaS platform Dianxiaomi Secures $100M in Series C

Chinese SaaS platform Dianxiaomi has secured $100 million in Series C, according to a 36Kr report.

Tiger Global Management and China Renaissance’s Huaxing Growth Capital co-led the round with participation from returning investors GGV Capital, CDH Venture and Growth Capital, and Gaorong Capital.

The proceeds will reportedly be used for recruiting talent, upgrading the service system, R&D, and globalization.

The Shenzhen-based company provides enterprise resource planning software to Chinese cross-border sellers, helping them to track shipment orders and inventories and to manage customer relations and accounting.

Founded in 2014, the company now provides services to 120,000 merchants around the world with its annual transaction volume hitting over $48 billion, according to its official website.

Dianxiaomi has served more than 1.2 million global merchants and has formed in-depth cooperation with more than 50 top e-commerce platforms, more than 800 high-quality logistics providers, and more than 60 overseas warehouses in the world.

“Dian Xiao Mi” is a SaaS platform that provides one-stop e-commerce ecological services for global e-commerce sellers, linking the e-commerce platform, logistics, and merchants. At present, it has a series of products such as “Dian Xiao Mi ERP”, “Saihu ERP”, “BigSeller”, “UpSeller”, “Duoke”, “17TRACK”, ” Xiao Mi Yuncang” , covering the global e-commerce industry chain The key links of e-commerce ERP, cloud warehouse service, customer service system and logistics inquiry required in the industry have established a relatively comprehensive service system, and merchants can choose according to different needs and regions. 

To put it simply, cross-border sellers only need a computer and the services of a store secretary to realize their dream of doing business while traveling.