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 509 active competitors, including 98 funded and 68 that have exited. Its top competitors include companies like Jumio, Simplex and Riskified.
Sectors and market segments that YITU operate in
YITU serves in the High Tech, Native AI, Internet of Things - Industry Applications market segments.The primary business model of YITU are:- High Tech > Natural Language Processing > ***** **** > ***** ******
- Native AI > Natural Language Processing > ***** **** > ***** ******
- High Tech > Computer Vision > ***** **** > ***** ******
- High Tech > Smart Cities > ***** **** > ***** ******
- Internet of Things - Industry Applications > Smart Cities > ***** **** > ***** ******
- High Tech > Image Recognition > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
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.
- Website
- www.yitutech.com
- 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
Latest Funding Round
Post Money Valuation
$3.5B as on Aug 18, 2021
Investors
Ranked
31st among 509 active competitors
Employee Count
390 as on Sep 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:
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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 | - | - | - | - |
View details of YITU's funding rounds and investors
YITU's founders and board of directors
Founder? Claim ProfileHere are the details of YITU's key team members:
- Lin Chenxi: Co-Founder of YITU.
- Leo Zhu: Co-Founder & CEO of YITU.
View details of YITU's Founder profiles and Board Members
YITU's employee count trend
YITU has 390 employees as of Sep 26. Here is YITU's employee count trend over the years:
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YITU's Competitors and alternates
Top competitors of YITU include Jumio, Simplex and Riskified. Here is the list of Top 10 competitors of YITU, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 74/100 | |
2nd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
3rd | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
4th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
5th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
6th | Provider of a platform for identity verification and risk management | $85.4M | 71/100 | ||
7th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
8th | Provider of digital identity verification | $330M | 69/100 | ||
9th | HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
10th | Shift Technology 2014, Paris (France), Series D | Provider of AI solutions for insurance underwriting, claims, and risk | $320M | 67/100 | |
31st | Provider of AI based decision intelligence platform for multiple sectors | $385M | 53/100 |
Looking for more details on YITU's competitors? Click here to see the top ones
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:
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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) |
See all investments by YITU
Reports related to YITU
Here is the latest report on YITU's sector:
News related to YITU
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"Yitu Technology" completed tens of millions of yuan in angel round financing_Geekfromgeek.com•Dec 21, 2023•YITU
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Wondershare Technology's Yitu Brain Map has fully launched the AI painting functionCui Niuhui•Jul 03, 2023•YITU
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Yitu Medical and Zhejiang Cancer Prevention and Treatment Office reached cooperation36Kr•Dec 21, 2020•YITU, Zchospital
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AI pharmaceutical company "Bingzhoushi Biotechnology" completes a new round of financing36Kr•Dec 07, 2020•Accutar Biotechnology, YITU, Primavera, CDH and 1 other
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