Cross-border e-commerce SaaS service provider "Lingxing ERP" received 200 million yuan in Series B financing, led by Tiger Fund

In recent years, the cross-border e-commerce sector has attracted a large number of sellers. Amazon alone will welcome 1.4 million new sellers worldwide by the end of this year . This has undoubtedly driven the rapid development of the cross-border industry, with big sellers emerging one after another and achieving gratifying results. At the same time, some cross-border service providers, logistics providers, ERP service providers, etc. have also performed well.

At present, many cross-border service providers are developing at an astonishing speed. A large number of service providers and logistics providers have obtained financing, and some have even been successfully listed.

Een.com learned that on May 28, cross-border e-commerce SaaS service provider Lingxing ERP announced the completion of RMB 200 million in Series B financing .

This round of financing was led by Tiger Fund, followed by Source Code Capital and Eastern Bell Capital, and additional investment from old shareholders Hillhouse Capital, Shunwei Capital and Blue Lake Capital. Over the past six months, Lingxing ERP has raised nearly 300 million yuan in total and has become one of the most valuable technology companies in the cross-border e-commerce SaaS field.

Founded in 2017, Lingxing ERP is a one-stop management system for cross-border e-commerce, mainly based on Amazon ERP, covering procurement, warehousing, logistics, advertising, customer service, finance and other modules, and is committed to making cross-border business easier for global sellers. After four years of product iteration, Lingxing ERP has quickly accumulated industry reputation with its advantages of better functions, more accurate data, and more secure information, and its customer growth and renewal rate lead the industry.

Currently, the company serves tens of thousands of refined operation sellers, covering customer groups of different enterprise sizes from small, medium to large. Among them, many large enterprises and listed companies have maintained long-term and in-depth cooperation with Lingxing ERP.

Lingxing integrates advanced solutions into its products to promote refined store operations. As a leader in cross-border e-commerce ERP products, Lingxing ERP integrates eight operational modules, including operational analysis, profit accounting, advertising management, FBA management, intelligent replenishment, supply chain collaboration, customer service management, and efficient operational tools, to create a professional one-stop cross-border e-commerce operation management system to help cross-border e-commerce companies build a closed-loop management chain.

With advanced technical architecture , Lingxing ERP has outstanding capabilities in data collection, processing, protection, etc. Compared with domestic e-commerce , cross-border e-commerce SaaS service providers need to face a more complex environment formed by the connection of global networks and multiple e-commerce platforms. The real-time, accuracy and security of data are the key to cross-border SaaS products.

The billion-level task scheduling engine framework developed by Lingxing ERP has successfully overcome the data delay barrier and achieved a response in seconds. It can reasonably allocate and accurately calculate various expenses, meet the profit accounting accuracy requirements of listed companies, and ensure the efficiency and accuracy of corporate decision-making. At the same time, the company's strict data security control and technical system always ensures customer data security and escorts the brand to go global.

Lingxing ERP is committed to improving user experience and focusing on product usability. The product is upgraded every two weeks on average, and is continuously updated and optimized. Unlike traditional ERP software that is difficult to learn and use, Lingxing has greatly reduced the learning cost of enterprises in ERP systems. At the same time, Lingxing ERP has created a service system centered on customer success, striving to provide every user with more professional and high-quality products and services, which has also earned Lingxing high praise and traffic advantages in word-of-mouth customer acquisition.

Fu Bo, CEO of Lingxing , said: "At present, the cross-border e-commerce industry has ushered in a historic opportunity. As the rigid infrastructure of the industry, SaaS ERP has also ushered in a historic growth opportunity. We firmly believe in the general direction of Chinese brands going global and Chinese SaaS software going global. We take it as our mission to help Chinese brands go global and provide the cross-border e-commerce industry with truly easy-to-use SaaS products. "

" Products, technology and services are the core competitiveness of SaaS ERP. Good products and services are the basis of efficiency. In the stage of rapid growth of the industry, Lingxing continues to focus on products and improve services, and firmly believes that rhythmic development is long-term sustainable. Talent is the long-term core competitiveness of SaaS companies, and building a team is Lingxing's talent concept. We hope to attract and achieve more outstanding talents with dreams, abilities and consistent ideas in the process of rapid development."

Wang Pengfei, global partner of Tiger Fund, the lead investor in this round of investment, said: "As a leader in China's cross-border e-commerce SaaS track, Lingxing has been deeply involved in the industry for many years. On the basis of accumulating profound industry experience and production and research capabilities, it still has huge development potential. We are very optimistic about Lingxing and look forward to witnessing Lingxing's transition from 'growth' to 'explosion' with our own eyes." In addition, Yuan Di of Source Code Capital and Gu Weiying, managing director of Eastern Bell Capital, also expressed their recognition of Lingxing .

In the future, the high-level team will further enhance the technical and product strength of Lingxing. Lingxing ERP has attracted many high-end talents who have worked in first-tier Internet companies such as Alibaba, Tencent, Baidu, Meituan, and Kingdee, which will help consolidate Lingxing's product research and development strength and become an advantage that supports Lingxing's continued leadership.

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