4Paradigm recently announced the completion of its USD 700 million Series D financing round. This round was led by Boyu Capital, Primavera Capital, and Hopu Investments, with followers including CDB Capital, China Reform Holdings, JIC TECH-INV, CSC Financial, Haitong Securities and other strategic shareholders, as well as institutional investors such as Sequoia China, CPE Fund Management, Goldman Sachs, Jinyi Capital and FountainVest Partners, among others.
CEC Capital Group served as a financial advisor to 4Paradigm in this transaction.
With this new funding, 4Paradigm will accelerate its strategic planning across key industries to establish an enterprise-grade AI-based ecosystem and cultivate AI talent.
4Paradigm is an emerging global leader in enterprise-grade AI, including both platform and applications. Since its founding six years ago, 4Paradigm has worked with its clients to implement best-in-class AI solutions to business problems and drive digital transformation. 4Paradigm AI is now deployed at clients in virtually every major sector, including finance, retail, manufacturing, energy, healthcare, internet, healthcare, logistics, agriculture and high-tech.
During the COVID-19 pandemic, 4Paradigm has assisted its customers to maintain business continuity while helping them accelerate the shift to online operations and satisfy rapidly changing expectations of their customers. In 2020, 4Paradigm significantly expanded and upgraded its enterprise-grade product portfolio, including Sage AIOS, SageOne, Sage HyperCycle ML, and Tianshu, resulting in a full-stack matrix of standardized AI products notable for their combination of power and ease of use.
Supported by its full-spectrum AI expertise, international expansion, and rapidly-growing library of successful AI use cases, 4Paradigm is increasingly enjoying the recognition of leading independent industry analysts, including IDC (#1 share in China’s AI platform market), Gartner (AI representative of top tech trend ‘Democratization’), and Forrester (‘Leader’ in predictive analytics and machine learning).
In 2021, 4Paradigm will work with both old and new clients to help them leverage AI to achieve their goals, tirelessly progressing towards the realization of the Company's founding vision of “AI for Everyone”.
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