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Laiye

laiye.com

Founded Year

2015

Stage

Series C - III | Alive

Total Raised

$201M

Last Raised

$70M | 7 mos ago

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

+90 points in the past 30 days

About Laiye

Laiye Technology (Lai Technology or Laiyi Technology) merged with Orson Technology in 2019 to develop UiBot which does enterprise robotic process automation coupled with AI. Laiye Technology was founded in 2015 and is based in Beijing, China.

Headquarters Location

Building B,China Electronic Plaza,Haidian District

Beijing, Beijing, 100190,

China

15510370130

Laiye's Product Videos

ESPs containing Laiye

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Emerging Tech / IT Management

Robotic process automation makes it simple to create, use, and manage software robots that mimic how humans interact with digital systems.

Laiye named as Highflier among 10 other companies, including Automation Anywhere, WorkFusion, and ABBYY.

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Laiye's Products & Differentiators

    An Intelligent Automation Platform

    A UNIFIED, AI-POWERED AUTOMATION PLATFORM

Research containing Laiye

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

CB Insights Intelligence Analysts have mentioned Laiye in 3 CB Insights research briefs, most recently on May 15, 2020.

Expert Collections containing Laiye

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

Laiye is included in 5 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

R

Robotic Process Automation

322 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

I

Insurtech

104 items

B

Banking

75 items

Latest Laiye News

Laiye and Ciklum bring the Work Execution System to retailers, financial services, and iGaming for the first time

Nov 22, 2022

News Provided By Share This Article LONDON, UNITED KINGDOM, November 22, 2022 / EINPresswire.com / -- The partnership unites the retail industry and digital transformation expertise, people services and WES technology. London, November 22, 2022 - Work Execution System (WES) leader Laiye today announced the first - by invitation - global WES Co-Innovation partnership with Ciklum , a digital transformation company with over 20 worldwide offices and 4,000+ developers, analysts and engineers specialising in Intelligent Automation, Data & Analytics and Custom Product Engineering. The WES Co-Innovation partnership is focused on closing the Work Execution Gap: the divide between the work experience employees want and the one employers are able to offer with the technology they have. One in two employers around the world say boring and inefficient office tasks are the major obstacle to productivity, an acute problem in the UK, cited by 54% of employers. The gap is pervasive across sectors: 50% of retail employers and 48% of financial institutions know their employees suffer from burnout, and both these sectors cite low job fulfilment as a Work Execution Gap (48% and 43% respectively). The partnership will target these gaps by improving the human and digital synergy, bringing together the complementary capabilities of Ciklum’s extensive experience in delivering end-to-end automation solutions and deep industry expertise with Laiye’s newly-launched WES. The two will collaborate with organisations across the iGaming, financial services, and retail/e-commerce sectors to help clients significantly improve their employee’s productivity and experience, resulting in: -Better operating margins, higher revenue growth, and increased customer and employee satisfaction. -Enabling organisations to be future-ready, empowering their employees with a suite of Intelligent Automation solutions. -Integrating Laiye’s best-in-class conversational AI platform with Ciklum’s expertise across multiple industries to drive major business efficiencies. One of the unique features of the WES Co-Innovation partnership is that Laiye will guarantee to all shared customers a risk-free incentive to businesses looking to embark on their digital transformation. This means if pre-agreed business metrics are not achieved within the set time frame, Laiye and Ciklum will refund 100% of the value of the software licence fees. Guanchun Wang, Chairman and CEO of Laiye, commented on the groundbreaking collaboration: "Our partnership with Ciklum marks a key milestone for Laiye to launch a new category - the Work Execution System - in Europe and beyond. We together can help customers in some of the most important business sectors to identify and close their Work Execution Gap using intelligent automation technologies.” Gourav Datta, VP of Intelligent Automation at Ciklum, commented: “As Ciklum focusses on driving Intelligent Automation at scale across organisations, we are pleased to formalise the partnership with Laiye to further strengthen and deliver end-to-end automation. We are certain this partnership will provide a considerable and differentiated value for our clients” Mr Datta continued, “Traditionally automation has been focussed, and proved extremely successful, on back-office processes, but Laiye’s Work Execution System has helped to expand our offerings and holistically tackle some of the most challenging and complex business problems around how work should be done”. --------- About Ciklum Ciklum is a leading global product engineering and digital services company, serving Fortune 500 and fast-growing organisations. Headquartered in the UK, Ciklum has 4,000+ software developers, designers, product managers, automation specialists and data scientists around the world building tailored digital solutions that leverage emerging technologies. Ciklum specialises in enabling digital transformation for some of the largest household names in the digital economy. The сompany empowers its clients and people to exceed their potential and pursue the extraordinary. About Laiye Laiye is the pioneer of the Work Execution System, a business and technology framework built around synergy between human and digital workers. Laiye’s software brings together in one platform the disparate tools businesses use to carry out digital tasks, such as Intelligent Document Processing, Conversational AI, Process Mining, Intelligent Automation and others. Built on the premise of an open ecosystem, Laiye helps businesses optimise the technologies they already have in place. Laiye is the first company in its industry to commit to returning 100% of licence fees should agreed business outcomes not be achieved. Laiye has an international presence in Europe, China, South East Asia, and the Americas. For more information, visit https://www.laiye.com/en/ Press Contacts

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Laiye Frequently Asked Questions (FAQ)

  • When was Laiye founded?

    Laiye was founded in 2015.

  • Where is Laiye's headquarters?

    Laiye's headquarters is located at Building B,China Electronic Plaza,Haidian District, Beijing.

  • What is Laiye's latest funding round?

    Laiye's latest funding round is Series C - III.

  • How much did Laiye raise?

    Laiye raised a total of $201M.

  • Who are the investors of Laiye?

    Investors of Laiye include Lightspeed China Partners, Lightspeed Venture Partners, VMS Asset Management, HOPU Investment Management, Youshan Capital and 14 more.

  • Who are Laiye's competitors?

    Competitors of Laiye include WorkFusion, Automation Anywhere, Skan, Kofax, Cicero and 11 more.

  • What products does Laiye offer?

    Laiye's products include An Intelligent Automation Platform.

  • Who are Laiye's customers?

    Customers of Laiye include Wyeth, AstraZeneca and Lenovo.

Compare Laiye to Competitors

Automation Anywhere Logo
Automation Anywhere

Automation Anywhere is a cognitive robotic process automation platform that uses software robots to automate business processes not automated by traditional technology platforms. Its Intelligent Digital Workforce Platform combines cognitive automation and analytics, driving productivity and business process accuracy with near-zero error rates. The company was founded in 2003 and is based in San Jose, California.

Automation Hero Logo
Automation Hero

Automation Hero combines Robotic Process Automation (RPA) with AI to automate repetitive and time-consuming tasks. Automation Hero improves productivity and business outcomes.

WorkFusion Logo
WorkFusion

WorkFusion's AI-driven automation and RPA software creates and manages software robots for knowledge work. The company's technology automates business processes by combining AI, RPA and people in one platform. Enterprises in banking and financial services, insurance, healthcare, consumer products, utilities, telecom, retail and more can use WorkFusion to reduce their total costs, up-skill their workforce and to use AI to overcome the complexity of transforming and growing a business. WorkFusion was formerly known as Crowd Computing Systems. The company was founded in 2011 and is based in New York, New York.

Kofax Logo
Kofax

Kofax develops an Intelligent Automation software platform and solutions to digitally transform document-intensive workflows. Customers realize greater agility and resiliency by combining Kofax's process orchestration, cognitive capture, RPA, output management, analytics, and mobile capabilities to speed time-to-value and increase competitiveness, growth, and profitability while mitigating compliance risk. Kofax was founded in 1985 and is based in Irvine, California.

Leapwork Logo
Leapwork

Leapwork allows non technical employees to automate their daily tasks without having to write code to do so. Leapwork can help with software testing, data migration, and robotic process automation in finance and healthcare.

Robocorp Logo
Robocorp

Robocorp offers a cloud service to reduce the complexity robo automation that includes the kinds of features enterprises tend to demand from projects like security, identity, and access management.

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