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INTERNET | Internet Software & Services / Payments
cloudwalk.io

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Founded Year

2013

Stage

Series C | Alive

Total Raised

$345M

Valuation

$0000 

Last Raised

$150M | 3 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 CloudWalk

CloudWalk is an open payment platform for creating and managing point-of-sale, hardware-agnostic payments apps focused on North America and LatAm (Latin America). The company's payment network per the company is built from the ground up on modern technology and blockchain and focuses on disrupting the payment ecosystem for small-and-medium enterprise merchants and their customers.

CloudWalk Headquarter Location

R. Eugênio de Medeiros 303 - 16º andar - Pinheiros

Sao Paulo, 05425-070,

Brazil

+55 (11) 4780-5454

Latest CloudWalk News

China’s AI giant SenseTime readies Hong Kong IPO

Nov 23, 2021

One of China’s biggest AI solution providers SenseTime is a step closer to its initial public offering. SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange, according to media reports. Founded in 2014, SenseTime was christened as one of China’s four “AI Dragons” alongside Megvii, CloudWalk, and Yitu. In the second half of the 2010s, their algorithms found much demand from businesses and governments hoping to turn real-life data into actionable insights. Cameras embedded with their AI models watch city streets 24 hours. Malls use their sensing solutions to track and predict crowds on the premises. SenseTime’s three rivals have all mulled plans to sell shares either in mainland China or Hong Kong. Megvii is preparing to list on China’s Nasdaq-style STAR board after its HKEX application lapsed. The window for China’s data-rich tech firms to list overseas has narrowed. Beijing is making it harder for companies with sensitive data to go public outside China. And regulators in the West are wary of facial recognition companies that could aid mass surveillance. But in the past few years, China’s AI upstarts were sought after by investors all over the world. In 2018 alone, SenseTime racked up more than $2 billion in investment . To date, the company has raised a staggering $5.2 billion in funding through 12 rounds. Its biggest outside shareholders include SoftBank Vision Fund and Alibaba’s Taobao. For its flotation in Hong Kong, SenseTime plans to raise up to $2 billion, according to Reuters . SenseTime spends a large chunk of its capital on research and development, which cost it more than 5 billion yuan ($780 million) between 2018 and 2020. The company recorded net losses for the past four years, largely due to “the fair value losses of our preferred shares.” Its net losses reached 3.7 billion yuan in the first half of 2021. Total deficits neared 23 billion yuan as of June. Like its peers, SenseTime relied on “smart city” projects for monetization. The business comprised 47.6% of its total revenues of 1.65 billion yuan in the six months ended June, up from a share of 27% in the same period of 2020. The number of cities using SenseTime’s software platform reached 119 by June, according to the firm’s prospectus. The “Smart Business” line, which is tailored to commercial space, residential property, and other enterprise needs, made up about 40% of its revenues in the first half of this year. The firm derived the rest of its revenues from the “Smart Life” unit, which supplies to IoT devices, and “Smart Auto”, which applies perception intelligence to autonomous driving solutions.

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Research containing CloudWalk

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

CB Insights Intelligence Analysts have mentioned CloudWalk in 4 CB Insights research briefs, most recently on Nov 30, 2021.

Expert Collections containing CloudWalk

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

CloudWalk is included in 4 Expert Collections, including In-Store Retail Tech.

I

In-Store Retail Tech

1,343 items

Startups aiming to work with retailers to improve brick-and-mortar retail operations.

B

Blockchain

3,480 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

F

Fintech

4,363 items

P

Payments

1,721 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

CloudWalk Patents

CloudWalk has filed 2 patents.

The 3 most popular patent topics include:

  • Integrated circuits
  • Computer memory
  • Gate arrays
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/17/2020

Computer memory, Integrated circuits, Microcontrollers, Gate arrays, Semiconductor devices

Application

00/00/0000

00/00/0000

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Application Date

1/17/2020

00/00/0000

Grant Date

00/00/0000

Title

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Related Topics

Computer memory, Integrated circuits, Microcontrollers, Gate arrays, Semiconductor devices

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Status

Application

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CloudWalk Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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