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eRoad Software company logo
Corporation
INTERNET | Internet Software & Services / HR & Workforce Management
ersoft.cn

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Founded Year

2004

Stage

Series C - III | Alive

Total Raised

$61.88M

Last Raised

$28.49M | 1 yr ago

About eRoad Software

eRoad Software is a cloud-based human resources (HR) platform that provides businesses with an integrated set of tools for managing employee payroll, benefits & compensation.

eRoad Software Headquarter Location

603-605, Building B, Xinqiao Business Center, Wanyuan Road No.2163 Minhang District

Shanghai, Shanghai,

China

400-825-1616

Latest eRoad Software News

China Digest: eRoad Software bags $28m; Sequoia backs neoX

Jul 6, 2020

China July 6, 2020 eRoad Software has garnered over 200 million yuan ($28 million) from Huaxing Growth Capital, while Sequoia Capital China has led the $10-million round for neoX Biotech. eRoad Software bags $28m in Series C3 round  Shanghai-headquartered software-as-a-service (SaaS) company eRoad Software has garnered over 200 million yuan ($28 million) in a Series C3 round exclusively from China Renaissance’s Huaxing Growth Capital. With this, the total capital raised by eRoad in its Series C round is over 600 million yuan ($85 million), according to a company statement. The latest round comes six months after it secured ‘tens of millions of US dollars’ in its Series C+ round from Hillhouse Capital, SIG Asia Investments, Ivy Capital, Eastern Bell Capital and GAH. Hillhouse Capital and SIG had invested a total of 200 million yuan ($28 million) in the Series C round for eRoad in July 2019.  eRoad, set up in 2004, delivers payroll-focused services such as salary and tax solutions for mid-to-large sized enterprises. It claims to have served over 3,000 companies. eRoad had closed an undisclosed Series B round of funding from Hillhouse Capital. Previously, its backers also included real estate group Seazen Holdings, Yongchun Capital, and Shanghai Investment. Sequoia Capital China leads neoX’s $10m round Artificial intelligence-driven biotech company neoX Biotech said it has bagged $10 million in its pre-A round from Sequoia Capital China and Vision Plus Capital. The round was joined by existing investor Morning Venture Capital, the company announced on WeChat. Morning Venture Capital along with ZhenFund had together infused ‘millions of US dollars’ in its seed round in 2018. The company will invest the proceeds to boost its team, develop high-throughput laboratories and advance drug candidates. neoX, which was co-founded by Michael Chen in 2018 in Beijing, develops macromolecular drugs for immuno-oncology therapies. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER 2You have one free story left this month.You have 2 free stories left this month.This is your last free story of the month. Register to continue reading our free content. × We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Join DealstreetAsia's premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must. Following vacancies can be applied for (only in Singapore). Following vacancies can be applied for (only in Singapore). A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion. A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia. Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must. Following vacancies can be applied for (only in Singapore). Following vacancies can be applied for (only in Singapore). A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion. A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

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Expert Collections containing eRoad Software

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

eRoad Software is included in 1 Expert Collection, including HR Tech.

H

HR Tech

3,793 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.

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