When was Baiwang founded?

Baiwang was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Baiwang located?

Baiwang is headquartered in Beijing, China.

How many employees does Baiwang have?

As of Jul 01, 2024, the latest employee count at Baiwang is 201 - 500.

Is Baiwang a funded company?

Baiwang is a funded company, having raised a total of $147M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 25, 2019.

When was the latest funding round of Baiwang?

Baiwang's latest funding was a $***** Series C round on Mar 02, 2021, with participation from 0 investor.

Where does Baiwang rank among its competitors?

Baiwang ranks 7th amongst 96 active competitors, of which 18 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Avalara, which secured $500M in Nov, 2025.

Who are the top competitors of Baiwang?

Baiwang's top competitors include Avalara, Vertex and Unifiedpost Group. Among them, Avalara secured the most recent funding round in November, 2025.

Baiwang - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of digital solutions for financial supply chain and tax compliance. It offers services such as invoice management, tax compliance, and financial management. The company provides solutions for accounts payable automation, supplier management, and data analytics. It also delivers data technology services, including credit risk assessment and digital marketing.

Website: www.baiwang.com/official_website/index.html
Email ID: *****@baiwang.com
Phone Number: +86 **********

Key Metrics

Founded Year

2015

Location

Beijing, China

Stage

Public

Total Funding

$147M in 3 rounds

Latest Funding Round

Series C, Mar 02, 2021, $*****

Investors

Shenzhen Capital Group & 8 more

Ranked

7^th among 96 active competitors

Employee Count

201 - 500 as on Jul 01, 2024

Investment & Acquisitions

Beijing Daokou Jinke Technology

Similar Companies

Avalara & 106 more

Exit Details

Public

View Baiwang's full profile

Baiwang got listed on Jul 09, 2024.

Click here to take a look at Baiwang's IPO in detail

Baiwang has raised a total funding of $147M over 3 rounds. Its first funding round was on Mar 25, 2019. Baiwang has 9 institutional investors.

Here is the list of recent funding rounds of Baiwang:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 02, 2021	1146348	Series C	4389479	2716137	1848738	6837954
Aug 25, 2019	8901191	Series B	3097731	2626345	9336689	9562508
Mar 25, 2019	4287491	Series A	8133727	4953157	Alibaba Group	Tencent

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View details of Baiwang's funding rounds and investors

Baiwang's employee count trend

Baiwang has 201 - 500 employees as of Jul 24. Here is Baiwang's employee count trend over the years:

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Top competitors of Baiwang include Avalara, Vertex and Unifiedpost Group. Here is the list of Top 10 competitors of Baiwang, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Avalara 2004, Seattle (United States), Acquired	Provider of cloud-based solutions for tax compliance and related services	$343M	Sageview Capital, Battery Ventures & 17 others	81/100
2nd	Vertex 1978, King Of Prussia (United States), Public	Provider of tax technology software and solutions for global businesses	-	HTIF, Marc Bell Capital	65/100
3rd	Unifiedpost Group 2001, La Hulpe (Belgium), Public	Provider of digital solutions for automating financial processes and tax compliance	$59.7M	SmartFin, PE Group & 6 others	64/100
4th	Way2Vat 2015, Tel Aviv (Israel), Public	Provider of automated VAT and GST reclaim and compliance solutions	$5M	Poalim Capital Markets, Moneta & 8 others	63/100
5th	Zamp 2022, San Francisco (United States), Seed	Provider of digital employee solutions for finance and operations automation	$46.7M	Peak XV Partners & 12 others	61/100
6th	Syndio 2009, Seattle (United States), Acquired	Provider of compensation decision intelligence platform for pay equity and compliance	$83M	Emerson Collective, Bessemer Venture Partners ... & 15 others	61/100
7th	Baiwang 2015, Beijing (China), Public	Provider of digital solutions for financial supply chain and tax compliance	$147M	Greater Bay Area Homeland Investments, Alibaba Group ... & 7 others	60/100
8th	AppZen 2012, San Jose (United States), Series D	Provider of AI-powered software for expense auditing and accounts payable	$283M	Riverwood Capital, Lightspeed Venture Partners ... & 24 others	60/100
9th	Sovos Compliance 1979, Wilmington (United States), Acquired	Provider of cloud platform for automated tax and regulatory compliance	-	TA Associates, Ontario Teachers' Pension Plan ... & 2 others	59/100
10th	April 2021, New York City (United States), Series B	Provider of embedded tax solutions for financial platforms and institutions	$78M	QED Investors, Team8 & 7 others	58/100