About Keru Cloud
Keru Cloud is a company based in Beijing (China) founded in 2012 was acquired by Alibaba Local Life Service in February 2020.. Keru Cloud has raised $48.63 million across 3 funding rounds from investors including Baidu, CITIC and Prime Mont Capital. Keru Cloud operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Revel Systems, among others.
- Headquarter Beijing, China
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.63 M (USD)
in 3 rounds
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Latest Funding Round
$33.43 M (USD), Series C
Aug 05, 2016
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Investors
Baidu
& 5 more
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Employee Count
Employee Count
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Acquired by
Alibaba Local Life Service
(Feb 24, 2020)
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Funding Insights of Keru Cloud
Keru Cloud has successfully raised a total of $48.63M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $33.43 million completed in August 2016. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $33.4M
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First Round
First Round
(14 Apr 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series C - Keru Cloud | Valuation |
investors |
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| Apr, 2015 | Amount | Series B - Keru Cloud | Valuation |
investors |
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| Apr, 2014 | Amount | Series A - Keru Cloud | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Keru Cloud
Keru Cloud has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Baidu, CITIC and Prime Mont Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provider of investment, wealth & asset management services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Keru Cloud
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Keru Cloud
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Keru Cloud Comparisons
Competitors of Keru Cloud
Keru Cloud 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 Toast, SpotOn, Tillster, Olo and Revel Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Keru Cloud
Frequently Asked Questions about Keru Cloud
When was Keru Cloud founded?
Keru Cloud was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Keru Cloud located?
Keru Cloud is headquartered in Beijing, China.
Is Keru Cloud a funded company?
Keru Cloud is a funded company, having raised a total of $48.63M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Apr 14, 2014.
What does Keru Cloud do?
Offers a tablet app which enables restaurant staff to input reservations, add parties to the queue, take orders, and run customer loyalty programs. For customers ordering takeout or delivery by phone, restaurants can take the orders, add customers to a database, and allow them to track the status of their order online. Offers a web app through Baidu Connect and a WeChat public account for each of its client restaurants. These digital storefronts contain vital info like maps, menus, special discounts, and online ordering. Claims to serve over 3,000 restaurants across China in cities including Beijing, Shanghai, Guangzhou and others.
Who are the top competitors of Keru Cloud?
Keru Cloud's top competitors include Toast, UrbanPiper and SpotOn.
Who are Keru Cloud's investors?
Keru Cloud has 6 investors. Key investors include Baidu, CITIC, Prime Mont Capital, Greenwoods Asset Management, and Greenwoods Investments.