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Founded Year

2010

Stage

Series C | Alive

Total Raised

$44.31M

About Authine

Authine is a company that specializes in low-code development platforms, operating in the tech industry. The company offers digital engines and development tools for professional developers, digital management tools for business personnel, and process management engines. It primarily serves sectors such as the construction, finance, automotive, manufacturing, petroleum and petrochemical, real estate, and government sectors. It was founded in 2010 and is based in Shenzhen, Guangdong.

Headquarters Location

18th Floor, Unit B1, Kexing Science Park, Nanshan District

Shenzhen, Guangdong, 518000,

China

(86-755)33940000

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Latest Authine News

Chinese Low-Code Startup Authine Raises Over USD30 Million in Sector Record

Nov 23, 2020

(Yicai Global) Nov. 23 -- Authine Network, a Chinese low-code development platform startup, said it has concluded the largest-ever single fundraiser in the field. Authine raised CNY200 million (USD30.46 million) from investors led by Huatai Innovation and China Growth Capital, the Shenzhen-based company said today. Low-code development platforms allow users to build applications with minimal coding, which can significantly boost the development efficiency of software platforms. The global market is forecast to reach USD15.5 billion this year, according to Forrester, the US research firm that proposed the concept in 2014. Based on trends in overseas markets in recent years, it is clear that LCDPs have moved from the periphery of application development to being a core business, Authine founder and Chief Executive Xu Pingjun told Yicai Global. Encouraged by the success of foreign players such as OutSystems and Mendix, Chinese venture capitalists have also begun to focus on low-code development startups in recent years. APICloud secured CNY100 million in 2018, while Deepexi raised tens of millions of dollars in a recent round. Internet giant Alibaba Group Holding invested in Authine in 2018, and the two have formed a closer business relationship since then. Editor: Tom Litting

Authine Frequently Asked Questions (FAQ)

  • When was Authine founded?

    Authine was founded in 2010.

  • Where is Authine's headquarters?

    Authine's headquarters is located at 18th Floor, Unit B1, Kexing Science Park, Nanshan District, Shenzhen.

  • What is Authine's latest funding round?

    Authine's latest funding round is Series C.

  • How much did Authine raise?

    Authine raised a total of $44.31M.

  • Who are the investors of Authine?

    Investors of Authine include Gaorong Capital, CE Innovation Capital, Huatai Chuangxin, Oriental Fortune Capital, Maison Capital and 6 more.

  • Who are Authine's competitors?

    Competitors of Authine include Soljit and 4 more.

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