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YITU - About the company

YITU is a series C company based in Xuhui (China), founded in 2012 by Lin Chenxi and Leo Zhu. It operates as a Provider of AI based decision intelligence platform for multiple sectors. YITU has raised $385M in funding from investors like Gaorong Capital, Hillhouse and Sequoia Capital, with a current valuation of $3.5B. The company has 626 active competitors, including 143 funded and 84 that have exited. Its top competitors include companies like ElevenLabs, SoundHound and Idfy.

Company Details

Yitu provides AI-based business applications. It claims to have developed technologies for computer vision, natural language, knowledge reasoning, intelligent hardware and robotics for different business sectors such as security, finance, transportation, and healthcare. The company develops security systems, identification authentication, and recognition.
Social
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Email ID
*****@yitu-inc.com
Phone Number
+86 **********
Key Metrics
Founded Year
2012
Location
Xuhui, China
Stage
Series C
Total Funding
$385M in 11 rounds
Post Money Valuation
$3.5B as on Aug 18, 2021
Ranked
Employee Count
392 as on Jun 30, 2026
Investment & Acquisitions
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YITU's funding and investors

YITU has raised a total funding of $385M over 11 rounds. Its first funding round was on Aug 2013. Its latest funding round was a Series C round on Dec 21, 2023 for an undisclosed amount. 5 investors participated in its latest round. YITU has 22 institutional investors.

Here is the list of recent funding rounds of YITU:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 21, 2023
Undisclosed
Series C
-
-
Aug 18, 2021
Undisclosed
Series C
$3.5B
-
-
Mar 19, 2020
$30M
Series C
-
-
-
-
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YITU's founders and board of directors

Founder? Claim Profile
The founders of YITU are Lin Chenxi and Leo Zhu. Leo Zhu is the CEO of YITU.
Here are the details of YITU's key team members:

YITU's employee count trend

YITU has 392 employees as of Jun 26. Here is YITU's employee count trend over the years:
Employee count trend for YITU
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YITU's Competitors and alternates

Top competitors of YITU include ElevenLabs, SoundHound and Idfy. Here is the list of Top 10 competitors of YITU, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ElevenLabs
ElevenLabs
2022, New York City (United States), Series D
AI platform for speech, voice cloning, music, and AI agents
$822M
77/100
2nd
Logo for SoundHound
SoundHound
2005, Santa Clara (United States), Public
Provider of cloud and AI-based sound recognition solutions for multiple applications
$191M
76/100
3rd
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
4th
Logo for Otter.ai
Otter.ai
2016, Los Altos (United States), Series B
Developer of an AI meeting agent providing transcription and summarization
$70M
75/100
5th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
73/100
6th
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
7th
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
73/100
8th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
9th
Logo for Sarvam
Sarvam
2023, Bengaluru (India), Series B
Developer of artificial intelligence models for speech and document processing
$350M
71/100
10th
Logo for Signifyd
Signifyd
2011, Palo Alto (United States), Series E
Provider of fraud prevention and payment validation for online retailers
$394M
70/100
42nd
Logo for YITU
YITU
2012, Xuhui (China), Series C
Provider of AI based decision intelligence platform for multiple sectors
$385M
56/100
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YITU's Investments and acquisitions

YITU has not made any acquisitions yet. YITU has made 4 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 31, 2020
Investments
2015
Brooklyn (United States)
Jan 2019
Investments
2017
Hangzhou (China)
Dec 14, 2017
Investments
2017
Shanghai (China)
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Reports related to YITU

Here is the latest report on YITU's sector:

News related to YITU

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FAQs about YITU

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