Laiye
Helping companies close the Work Execution Gap
Helping companies close the Work Execution Gap
Laiye is a Chinese startup founded in 2015, specializing in the creation of a Work Execution System aimed at closing the Work Execution Gap for businesses. Their platform integrates various tools for digital task execution, including Intelligent Document Processing (IDP), Conversational AI, Process Mining, and Intelligent Automation. Moreover, they leverage Large Language Models and Foundation Models in the design process, accelerating development for customers. A notable aspect of Laiye's business model is its commitment to returning 100% of license fees if agreed business outcomes are not achieved, setting a new standard in the industry. The company recently secured a $70.00M Series C investment on 18 April 2022 from investors including Lightspeed Venture Partners, Lightspeed China Partners, Youshan Capital, VMS Asset Management, and HOPU Investment. With its focus on AI, Automation, Enterprise, Internet, Mobile, and Payments, Laiye is poised to make a significant impact in the business technology space.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series C | $70.00M | 5 |
|
18 Apr 2022 |
| Series C | $50.00M | 6 |
|
21 Apr 2021 |
| Series C | $42.00M | 4 |
|
23 Feb 2020 |
| Series B | $35.00M | 4 |
|
27 Jun 2019 |
| Series B | Unknown | 3 |
|
21 Dec 2017 |
No recent news or press coverage available for Laiye.
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