Infobird Co., Ltd
We are a software-as-a-service, or SaaS, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. Leveraging self-developed cloud-native architecture, AI and machine learning capabilities, patented Voice over Internet Protocol or VoIP, application technologies, no-code development platform, and in-depth industry expertise, we primarily provide holistic software solutions to help our corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. We also offer AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help our clients monitor, benchmark and improve the performances of agents. (Incorporated in the Cayman Islands)
Note: One customer, China Guangfa Bank, accounted for 75.5 percent of our total revenues, as of June 30, 2020. Revenue and net loss figures are for the six months ended June 30, 2020, according to the prospectus.
We empower our clients with our business value-driven solutions to increase revenue, reduce cost, and enhance customer service quality and customer satisfaction. We currently specialize in serving corporate clients in the finance industry and also cover a broad array of other industries, including the education, public services, healthcare and consumer products industries. We believe we are one of the leading and long-standing domestic SaaS providers in serving large enterprises in the finance industry in customer engagement with over 10 years of experience. We offer a comprehensive portfolio of customer engagement SaaS solutions that are highly intelligent, customizable and with proof of stability and security at scale with concurrence of over 10,000 agents. We continue to innovate by developing technologies that enable us to deliver a series of solutions and services which address the evolving and changing needs of our corporate clientele.
According to the Report on the Industry Trend of SaaS in China published by Business Partner Consulting in March 2020, the SaaS industry is a fast-growing market in China, surging from approximately $2.3 billion in 2019 to $3.3 billion in 2020, and is expected to grow to approximately $6.9 billion in 2022.
|Industry:||SERVICES - PREPACKAGED SOFTWARE|
|Address||Room 12A05, Block A, Boya International Center, Building 2, No. 1 Courtyard, Lize Zhongyi Road Chaoyang District, Beijing, China 100102|
|View Prospectus:||Infobird Co., Ltd|
|Revenues||$6.23 mil (last 12 months)|
|Net Income||$1.57 mil (last 12 months)|
|Price range||$4.00 - $4.00|
|Est. $ Volume||$25.0 mil|
|Manager / Joint Managers||WestPark Capital|
|Expected To Trade:||4/20/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|