• Chinese startups and their investors are facing significant challenges from constant COVID lockdowns and a slowing economy. During these uncertain times, founders must adapt fast in order to survive and thrive. Eminence shares the following six recommendations with our founders. 
    The 2nd annual Eminence Ventures CEO Summit took place in Shanghai on Feb 19 when our portfolio company CEOs gathered to learn best practices, share views, celebrate our achievements, and discuss the latest trends, challenges, and opportunities for the enterprise cloud market.
    A Harvard University-educated designer has turned his content marketing platform into a unicorn, helped by investors betting on enterprise software as the next big opportunity in China’s tech industry.
     
    Tezign, which connects designers with businesses, completed the first tranche of its Series D round led by Temasek Holdings Pte, boosting its valuation to more than $1 billion, the startup said. It received about $40 million from the Singaporean state investment firm and other backers.

    eSign, a Chinese provider of electronic signature services backed by investors including Ant Group, has closed a Series E funding round at 1.2 billion yuan ($186.1 million). The investment was jointly led by Sequoia Capital China, IDG Capital and Hidden Hill Capital, a private equity investment platform backed by Asia's warehouse operator GLP.

  • About Us

    Hunting Enterprise Cloud Unicorns in China

    Founded in 2017, Eminence Ventures currently manages three dual-currency (USD and RMB) funds with hundreds of millions fund under management. Our investors come from U.S. endowment fund, fund of fund, family offices and individual founders and executives from the top tier technology companies. We are also an exclusive strategic partner of Emergence Capital, which is a well-known Silicon Valley VC focused on enterprise cloud. Our team has been deeply involved in the B2B sector for many years and we have in-depth knowledge and extensive network in the industry.

     

    We are dedicated to China’s early-stage enterprise software and cloud computing (enterprise cloud) investments. We are a long-term investor betting on exceptional entrepreneurs who are on a mission to disrupt their industries or to enable enterprises to win through products and technologies powered by AI, Big Data, Cloud, IoT, etc.

     

    Our mission is to become the most important VC partner for the best entrepreneurs in China’s enterprise cloud market.

  • Team

    Peter Cheng

    Founding Managing Partner

    Peter is a serial entrepreneur and seasoned executive who had worked for three startups and four Fortune 500 companies. Prior to his venture capital career, Peter was the General Manager of Advertising Platform & Products at Tencent, and a Tencent Outstanding GM Award winner. He was also the co-founder, COO, Board member and an angel investor of AdChina, the leading digital advertising platform that was acquired by Alibaba. Prior to founding AdChina, he was VP of Product Management at Adify, a Silicon Valley advertising infrastructure startup that enabled entrepreneurs and media companies to build vertical ad networks and was acquired by Cox for $300 million. Peter held senior management positions at eBay, including Head of Product responsible for eBay’s global Internet marketing products and initiatives. Before joining eBay, Peter served as a group product manager at Vividence (acquired by Keynote Systems and then Dynatrace). Peter started his career at FedEx as a senior marketing analyst and then joined Oracle as a product manager building its ERP and CRM applications. Peter holds a Bachelor of Science degree in Computer Engineering from Jiao Tong University and an MBA degree from the Kelley School of Business at Indiana University.

    Simon He

    Founding Partner

    Simon is responsible for Eminence's vertical SaaS & B2B marketplace investments. He started his venture capital career at Integral as Vice President, focusing on B2B marketplace and enterprise cloud investments. Prior to Integral, Simon was the Head of Programmatic Buying at Tencent Advertising Platform & Products. Simon was a founding member and General Manager of Media Platform at AdChina (acquired by Alibaba). Earlier in his career, Simon was with SNDA (China's biggest online games operator) as a senior product manager. Simon has a M.S. degree in Software Engineering from Fudan University and also a B.S. degree in Business Administration from Huazhong University of Science & Technology.

    Jack Ren

    Partner

    Jack is responsible for Eminence's Cloud & IT Infrastructure investments. Prior to Eminence, Jack worked at Cisco's Corporate Development team responsible for its strategic investments in China. Jack was also the lead project manager spearheading China Mobile's OneNET IoT Open Platform, which has been the world's largest IoT open platform. Earlier in his career, Jack worked at Samsung in Suwon, Korea as a software development manager launching Samsung's first Chinese Android-based Galaxy smartphones. Prior to Samsung, Jack worked at Sony in Tokyo, Japan as a senior engineer. Jack holds an MBA from Yale University and a Ph.D. degree in EE from Tsinghua University.

    Laven Luo

    Managing Director

    Laven is responsible for Eminence's vertical SaaS and B2B trading markets investments. Previously, Laven worked as a structural design engineer at Shanghai Electric and later an investment manager at Pegasus Group and have 5 years of experiences in VC investments. Laven holds a Master of Aeronautical Engineering degree from Beihang University.

     

    Joy Dai

    Investment Director

    Joy is responsible for Eminence's horizontal SaaS and PaaS investments. Prior to Eminence, Joy worked as an analyst at Morgan Stanley and was later with an insurance asset management firm, building up her in-depth knowledge in the areas of finance, insurance and wealth management. Joy holds a Bachelor of Finance degree from Shanghai JiaoTong University.

     

    Zheru Liu

    Investment Director

    Zheru is responsible for Eminence's SalesTech, MarTech and e-commerce investments. Prior to joining Eminence, she invested in private equity and venture funds globally at UPMC, a Pittsburgh, PA-based healthcare system with $10B in AUM. Prior to UPMC, she was responsible for investing in US-based buyout funds at Wilshire, a global investment and advisory firm. Zheru holds a Bachelor of Science degree from University of Pittsburgh.

    Michael Chen

    Investment Director

    Michael is responsible for Eminence's IT infrastructure and cyber security investments. Prior to joining Eminence Ventures, Michael worked as the head of infrastructure Tech at a U.S. Fintech unicorn Brex. Before Brex, he worked at Google U.S., AWS U.S., and Airbnb U.S.. Michael holds a Master of Electrical and Computer Engineering degree from Carnegie Mellon University.

     

    Jason Lin

    Investment Manager

    Jason is responsible for Eminene's vertical SaaS and B2B Internet market investments. Prior to joining Eminence, he was an intern in Lightspeed China and IDG Capital China. Jason holds a Bachelor of Biosystems Engineering degree from Zhejiang University and a Master of Finance degree from Sun Yat-Sen University.

     

    Emma Wang

    VP of Marketing and Public Relations

    Emma is responsible for Eminence's marketing and brand building. Prior to joining Eminence Ventures, Emma worked as a senior marketing director at Gopher Asset Management of Noah Holdings (NYSE: NOAH). Before Gopher Asset, she worked in the famous public relations firms, Ruder Finn and Fleishman Hillard, and was later with PingAn Leasing as the brand director. Emma holds a Master of Journalism and Communication degree in Journalism and Communication from Fudan University and a Bachelor of Life Sciences degree from Nankai University.

    Rachel Zou

    Finance Director

    Rachel is responsible for fund finance/accounting, compliance and post-investment management. Before joining Eminence Ventures, Rachel worked in PwC as an audit manager and had more than 7 years' experience in fund audit. Rachel is a CPA and CFA holder. She holds a Bachelor and a Master degree of Biomedical Engineering from Shanghai Jiaotong University.

     

    Eileen Lin

    Senior Finance Manager

    Elieen is responsible for fund finance/accounting, compliance and post-investment management. Prior to joining Eminence Ventures, Elieen worked as a senior auditor at Marcum Bernstein & Pinchuk LLP (Shanghai office), she has extensive experiences in auditing for IPO in the US stock market. Elieen holds a Bachelor of Accounting degree from Zhongnan University of Economics and Law and a Master of Finance degree from the University of Melbourne.

    Angela Ma

    Executive Assistant to Managing Partner

    Angela is responsible for Eminence's fund operation and supports investor relations. Prior to joining Eminence Ventures, Angela worked as the Executive Assistant at PureTerra Ventures. She holds a Master of Science degree from Duquesne University and is an MBA candidate at the University of Alberta.

  • Portfolio

    Horizontal SaaS

  • The leading B2B marketing cloud with full WeChat integration

     

    Vika.cn

    China’s Airtable, a no-code productivity and collaboration SaaS company

    Customer Success Platform to Grow Business.

     

    Related Press:

     

    Pandaily: Customer Success Platform Hokdo Completes Pre-A Round of Financing

  • Vertical SaaS

  • A cloud-based ERP and B2B eCommerce platform for CPG (consumer packaged goods) distributors and wholesalers

     

    AI-powered CRM for the insurance industry

     

    AI-powered CRM for the real estate industry

     

    One-stop CRM and ERP SaaS for the apparel industry

     

    Instant Design

    The collaborative and interactive design tool
  • AI

  • AI-powered in-store retail execution and audit solutions that turns everyday shelf images into real-time actionable insights

     

     

    AI-powered conversation intelligence based on NLP

     

    Related Press:

     

    Deal Street Asia: China deal monitor: Sequoia leads $12m funding in Recurrent AI and more

    AutoML (Automated Machine Learning) platform

     

     

  • IT Infrastructure

  • Naturobot

    Naturobot's core RPA product provides a combination of iPaaS and cloud native deployment
  • Past Portfolio

    Leading integrated digital advertising platform in China

     

    Status: exited, acquired by Alibaba in 2015

     

    A technology-driven eCommerce operational platform to help foreign category disrupting brands to enter and succeed in the Chinese market

    A cloud-based Office Suite comparable to Google Docs

     

    Status: exited, trade sale to Kuaishou

    Leading B2B marketplace & one-stop eCommerce order management platform for consumer packaged goods

     

    Status: exited, trade sale to Source Code Capital

     

    CRM and operational SaaS for restaurants

    A leading stock incentive and ownership management platform to help companies, investors, and employees manage their equity

  • EEEC Index

     

     

    Although Chinese emerging enterprise cloud is still in its infancy stage, it has already begun to enter rapid development phase. For tracking the performance of Chinese emerging enterprise cloud and providing a market benchmark, Eminence Ventures, the leading venture capital firm laser-focused on early-stage Chinese enterprise companies, designed and published this EEEC Index.

     

     

     

  • Press

     
     
     
     
     
     
     

     

    Portfolio | Temasek leads $50m funding in Chinese container truck fleet operator Duckbill

     

    Portfolio | Chinese firm YanRong Tech bags a $19 million funding in its Series A+

     

    Portfolio | Tezign and Duckbill listed in 'The 50 Most Promising Startups' by The Information

     

    Portfolio | Ant Group-backed e-signature provider bags $151m in series D round

     

    Portfolio | Glue Up delivers more value to clients with speed networking

     

    Portfolio | Chinese Logistics Startup Duckbill Snags US$30M In Pre-Series B Round

     

    Portfolio | Duckbill’s digital freight-matching platform offers stability in a chaotic logistics industry: inside China’s startups

     

    Portfolio | China Digest: Sequoia leads Tezign's Series C1

     

    Portfolio | China deal monitor: Sequoia leads $12m funding in Recurrent AI and more

     

    Portfolio | Zilliz raises $43million as investors rush to China's open-source software

  • Contact Us

    Eminence Ventures

    Address: Suite 503, Building 16, 1036 Tianlin Rd, Minhang District, Shanghai

     

    Email us

    hello@emventures.cn