GGV Capital IX

GGV Capital IX is a venture capital fund managed by GGV Capital, a global firm founded in 2000 that focuses on investing in local founders across various sectors. The firm specializes in seed-to-growth stage investments, targeting industries such as Consumer/New Retail, Social/Digital & Internet, Enterprise/Cloud, and Frontier Tech. GGV Capital manages a total of $6.2 billion across 13 funds and has a diversified portfolio that includes notable companies like Airbnb, Alibaba, and Peloton. With offices in key locations such as Beijing, San Francisco, and Shanghai, GGV Capital aims to provide expansion capital ranging from $5 to $25 million for initial investments in both the United States and China. The firm's approach is to support innovative entrepreneurs and emerging technologies that can shape the future of their respective industries.

Jixun Foo

Global Managing Partner

Jenny Lee

Managing Partner

Haojun Li

Partner

Joshua Wu

Partner

Eric Xu

Managing Partner

Past deals in Accounting

Authing

Series A in 2021
Authing is a cloud-based identity platform that assists developers and enterprises in managing user identities. The platform offers tools for identity certification and authorization, allowing clients to efficiently oversee their user bases while minimizing the risk of fraud. Authing has emerged as a leading innovator in the Chinese SaaS market, attracting investment from notable firms such as Plug and Play Ventures, YC China, and China Growth Capital. Through its comprehensive solutions, Authing enables organizations to enhance security and streamline user management processes.

Vic.ai

Series B in 2021
Vic.ai Inc is a New York-based company that specializes in developing artificial intelligence-driven financial and accounting software. Founded in 2016, Vic.ai automates various accounting processes, providing valuable insights and support for finance professionals. The platform leverages extensive data from over 100 million accounting documents and transactions to enhance its capabilities. Key features include Vic Vision, which utilizes advanced document interpretation technology, and Vic Brain, which employs machine learning algorithms to streamline bookkeeping. The company's services encompass invoice processing, approval workflows, and electronic payment processing, enabling organizations to enhance efficiency, accuracy, and analytical insights within their financial operations. Vic.ai is positioned to transform the accounting industry, which is projected to experience significant automation in the coming years.

Rongyisuan

Series B in 2021
Rongyisuan, a Chinese startup that provides customized tax and accounting solutions for corporate customers. .

Authing

Venture Round in 2020
Authing is a cloud-based identity platform that assists developers and enterprises in managing user identities. The platform offers tools for identity certification and authorization, allowing clients to efficiently oversee their user bases while minimizing the risk of fraud. Authing has emerged as a leading innovator in the Chinese SaaS market, attracting investment from notable firms such as Plug and Play Ventures, YC China, and China Growth Capital. Through its comprehensive solutions, Authing enables organizations to enhance security and streamline user management processes.

Avise

Seed Round in 2020
Developer of business software designed to simplify the accounting process. The company's platform creates a cloud-native finance ecosystem with a modern general ledger as the cornerstone and centralizes schedule-based workflows, enabling businesses to fuel their growth with the help of modern accounting software.

Rongyisuan

Series A in 2020
Rongyisuan, a Chinese startup that provides customized tax and accounting solutions for corporate customers. .

KhataBook

Series A in 2019
KhataBook is an innovative Indian company that provides a smartphone-based ledger application tailored for micro, small, and medium businesses. Founded in 2018, the app assists entrepreneurs in managing their business and personal credits by securely tracking transactions and automatically sending payment reminders to customers. It also facilitates online payment collection through UPI and QR codes, helping merchants streamline their financial processes. With its user-friendly interface, KhataBook has gained significant traction, boasting over 20 million registered users and support for more than 11 languages. The company's contributions to enhancing efficiency in the business sector have been recognized, earning it the "Best Innovative Mobile App" award at the India Digital Awards in 2020.

Vic.ai

Series A in 2019
Vic.ai Inc is a New York-based company that specializes in developing artificial intelligence-driven financial and accounting software. Founded in 2016, Vic.ai automates various accounting processes, providing valuable insights and support for finance professionals. The platform leverages extensive data from over 100 million accounting documents and transactions to enhance its capabilities. Key features include Vic Vision, which utilizes advanced document interpretation technology, and Vic Brain, which employs machine learning algorithms to streamline bookkeeping. The company's services encompass invoice processing, approval workflows, and electronic payment processing, enabling organizations to enhance efficiency, accuracy, and analytical insights within their financial operations. Vic.ai is positioned to transform the accounting industry, which is projected to experience significant automation in the coming years.
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