Undisclosed investors have supplied series D funding for the Tsinghua-backed bookkeeping and taxation software developer.

Huisuanzhang, a China-based online accounting platform developer backed by Tsinghua University-affiliated THG Ventures, raised $80m in series D funding from undisclosed investors on Saturday.
Founded in 2014 as an affiliate of accounting group Beijing Kungeek Technology, Huisuanzhang has built a corporate finance software tool which helps organisations with tasks including business registration, taxes, bookkeeping and licence management.
The company’s customers include some 850,000 small, medium and micro-sized enterprises operating across more than 20 industries including catering, entertainment, construction,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.