Venture • Information Technology

Eight Roads Invests In Fenbeitong

On March 12, 2020, private equity firm Eight Roads invested in information technology company Fenbeitong

Investment Context
  • This is Eight Roads’ 23rd transaction in the Information Technology sector.
  • This is Eight Roads’ 49th transaction in China.

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Investment Summary

Date March 12, 2020
Target Fenbeitong
Sector Information Technology
Investor(s) Eight Roads
Deal Type Venture

Target Company

Fenbeitong

Beijing, China
Fenbeitong is a corporate expense management platform. Fenbeitong integrates cost control, scenario, payment, and reimbursement to define the next-generation enterprise expenditure management platform. Fenbeitong was founded in 2016 and is based in Beijing, China.
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Investor Overview 1

Investor

Eight Roads

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 11.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.


Deal Context for Investor #
Overall 229 of 293
Sector: Information Technology 23 of 31
Type: Venture 206 of 266
Country: China 49 of 66
Year: 2020 7 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-19 Whatfix

Bangalore, India

Whatfix is a digital adoption solution that disrupts application training, learning, and support content by providing contextual, interactive, real-time, and autonomous user guidance-driving additional adoption and productivity gains. Whatfix is based in Bangalore, Karnataka.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-07 inDeco

Beijing, China

inDeco is a one-stop Internet space solution provider that transforms the traditional decoration industry chain with Internet thinking and provides one-stop decoration services from space design, material matching, product selection to construction process control. inDeco is based in Beijing, China.

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