About AInnovation
AInnovation is a company based in Haidian (China) founded in 2018 by Faen Zhang. AInnovation has raised $131.55 million across 7 funding rounds from investors including CICC, CreditEase and China Renaissance Group. The company has 962 employees as of December 31, 2024. AInnovation operates in a competitive market with competitors including Verisk, Twiga Foods, Ambarella, Printful and dacadoo, among others.
- Headquarter Haidian, China
- Employees 962 as on 31 Dec, 2024
- Founders Faen Zhang
- Stage Public
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Sectors
RetailIndustrial Goods & Manufacturing Financial Services Technology
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Email
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Phone
Locked
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Website
Locked
- Legal Name Ainnovation Technology Group Co., Ltd Class H
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Annual Revenue
$169.96 M (USD)-31.54as on Dec 31, 2024
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Net Profit
-$82.9 M (USD)-0.05as on Dec 31, 2024
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EBITDA
-$41.51 M (USD)38.79as on Dec 31, 2024
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Total Equity Funding
$131.55 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
CICC
& 10 more
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Employee Count
962
as on Dec 31, 2024
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IPO & Listings of AInnovation
AInnovation is a publicly listed company on the HKEX with ticker symbol 2121 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of AInnovation
AInnovation has successfully raised a total of $131.55M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AInnovation
AInnovation has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include CICC, CreditEase and China Renaissance Group.
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Venture capital investments in technology and startups.
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CICC Alpha is engaged in private equity investment management.
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Investor details for AInnovation
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Investments & Acquisitions by AInnovation
Investment portfolio details for AInnovation
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Financial Statements - AInnovation
Detailed financials for AInnovation
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Ainnovation Comparisons
Peer comparison for AInnovation
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Competitors of AInnovation
AInnovation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Verisk, Twiga Foods, Ambarella, Printful and dacadoo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance data insight and risk analytics solutions for the insurance industry
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Farm products are distributed via an online marketplace to vendors.
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AI-enabled image processors are manufactured for ADAS and security applications.
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On-demand custom printing and fulfillment services are provided for e-commerce.
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Digital health engagement and risk quantification platforms are provided.
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Detailed competitors of AInnovation
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Latest news on Ainnovation
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Frequently Asked Questions about AInnovation
AInnovation was founded in 2018.
AInnovation is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
AInnovation is a funded company, having raised a total of $131.55M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at AInnovation is 962.
Annual revenue of AInnovation is $169.96M as on Dec 31, 2024.
Founded in 2018 in Haidian, China, AI-based software is offered by AInnovation for the retail, manufacturing, and insurance sectors. Customer negligence data is analyzed intelligently, and flexible pricing is enabled for insurance operations. An image recognition and text analysis platform is provided to support underwriting of insurance claims. Cloud-based real-time risk assessment and loan strategy generation are delivered for housing, car, and consumer loans.
AInnovation's top competitors include Ambarella, Twiga Foods and dacadoo.
Yes, AInnovation is publicly traded on HKEX under the ticker symbol 2121.
AInnovation has 11 investors. Key investors include CICC, CreditEase, China Renaissance Group, SoftBank Vision Fund, and Sunshine Capital.
The ticker symbol of AInnovation is 2121 on HKEX.