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INTERNET | Internet Software & Services / HR & Workforce Management
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Founded Year

2002

Stage

Series F | Alive

Total Raised

$421.18M

Valuation

$0000 

Last Raised

$260M | 9 mos ago

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Beisen

Beisen is a Chinese cloud-based human resource SaaS firm. Beisen's iTalent platform provides companies with comprehensive human resource services including talent assessment, recruitment, performance management, staff feedback, and survey.

Beisen Headquarter Location

Beijing, Beijing,

China

+86 400-650-6878

Latest Beisen News

Beijing-based HR tech firm Beisen files for IPO in Hong Kong

Jan 13, 2022

Beijing-based HR tech firm Beisen files for IPO in Hong Kong The company counts several heavyweights as its backers, including Fidelity International, Goldman Sachs and SoftBank. SHARE Human resources technology company Beisen filed for an IPO in Hong Kong on January 10, igniting enthusiasm in the software-as-a-service (SaaS) industry. The Beijing-based company counts several heavyweights as its backers, including Matrix Partners and Sequoia China. Last May, Beisen has raised $260 million in a Series F funding round led by Fidelity International, Goldman Sachs, and SoftBank's Vision Fund. By offering iTalentX, a cloud-based HR SaaS and talent management platform, Beisen, which was founded in 2002, is the largest HR SaaS provider in China. According to Beisen, its clients span from the technology, real estate, financial services, and automotive manufacturing industries, and nearly 70% of the Fortune China 500 companies are its clients. Beisen reportedly employs more than 1,500 people and claims to invest around 25% of its annual revenue back into R&D. According to the prospectus data, Beisen's operating income has also increased. The company's revenue in 2019, 2020, and 2021 was 382 million yuan, 459 million yuan, and 556 million yuan, respectively. Due to the outbreak of COVID-19 and the growing need for digital transformation, Chinese companies are accelerating their investment in cloud and artificial intelligence services for human resource management. According to iResearch, the scale of China's HR SaaS market will continue to expand and is expected to reach 7.07 billion yuan in 2023.

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Research containing Beisen

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Beisen in 3 CB Insights research briefs, most recently on Apr 11, 2019.

Expert Collections containing Beisen

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Beisen is included in 3 Expert Collections, including HR Tech.

H

HR Tech

3,970 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

F

Future Unicorns 2019

50 items

U

Unicorns- Billion Dollar Startups

984 items

Beisen Web Traffic

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