From insurance to retail, Sipu Technology, an AI Agent development enterprise, secures tens of millions of strategic lead investment from Blue Ribbon Beer | Exclusive by 36Kr

Text | Zhang Zhuoqian

Editor | Yuan Silai

36Kr learned that Shenzhen Sipu Technology Co., Ltd. (hereinafter referred to as "Sipu Technology"), an AI enterprise-level application service provider, recently completed a tens of millions-level Series A financing. This round of financing was led by Blue Ribbon Beer, with Vistage Think Tank participating as a follow-on investor. Meanwhile, Blue Ribbon Beer, Vistage Think Tank, and Sipu AI officially signed a strategic cooperation agreement to create a benchmark case of AI agents in the beer industry. The funds from this round of financing will mainly be used to accelerate the construction of the AI product matrix and further build a commercial closed-loop.

"Sipu Technology" is a technology company focusing on the development of large model native applications and intelligent industry solutions. It provides AI solutions according to the business needs of different industries and enterprises to optimize processes, reduce costs, and increase efficiency. It has launched application products for the finance, medicine, energy, retail, and manufacturing industries, such as AI underwriters, AI traders, AI deviation management, AI asset sentinels, and AI one-stop sales.

With the acceleration of global digital transformation, enterprises' demand for efficient and accurate intelligent solutions is increasing day by day. As the core tool to promote enterprises' digital transformation, the market scale of AI application software is growing explosively. According to relevant data, the global market scale of AI application software reached 14.14 billion yuan in 2023 and is expected to soar to 454.36 billion yuan by 2030.

In the view of Zhang Zhenguang, the CEO of "Sipu Technology", "The B2B sector is the key area for AI to create value in the initial stage. C2C applications are very likely to be directly disrupted by the progress of large model technology; B2B applications have natural barriers and will form a complementary positive cycle with the continuous improvement of large model capabilities. In the field of B2B AI native applications, large models can provide more possibilities to change the world."

Currently, "Sipu Technology" has established a complete and independently controllable agile development platform for AI applications. At the same time, by leveraging self-play technology and knowledge graph traceability and correction capabilities, it uses AI to synthesize high-quality data sets to specifically solve the problem of small sample data of customer enterprises; by fine-tuning large models through reinforcement learning, it further improves the factual accuracy of domain large models and the professionalism of generated content, effectively controlling the hallucination rate when LLM is applied in enterprises.

"Sipu Technology" has two core products: AI underwriters and AI one-stop sales. The AI underwriter has been successfully implemented in the insurance industry, providing services for reinsurance companies and insurance companies. AI one-stop sales realizes full-chain AI automation from customer acquisition to sales and then to customer service, significantly improving marketing efficiency.

The AI underwriter of "Sipu Technology"

The AI underwriter product uses self-developed dual-system AI tuning technology to achieve an accuracy of over 95%. At the same time, its cost is only 10% of that of manual underwriting. Zhang Zhenguang introduced, "Previously, it took 90 minutes for manual underwriting of a single order, but now the AI underwriter only takes 3 minutes, which not only shortens the underwriting time but also improves the customer experience of policyholders." In October last year, the world's leading insurance company officially announced the implementation of the AI underwriter. Currently, "Sipu Technology" is cooperating with several world-class reinsurance companies to promote the AI underwriting solution to other insurance companies and drive the intelligent transformation of the insurance industry.

"Last year, when we were developing intelligent customer service and intelligent sales platforms for a retail giant, we also found that the biggest pain point for enterprises is actually selling products. How to improve sales conversion efficiency is a concern for every enterprise. So this year, we will focus on launching a new product called AI one-stop sales," Zhang Zhenguang introduced.

The AI one-stop sales of "Sipu Technology"

The AI one-stop sales product provides enterprises with a full-chain AI marketing solution, covering three major business activities: customer acquisition, sales, and customer service. Through AI employees performing repetitive and complex business activities, it realizes 24/7 uninterrupted service, greatly reducing the execution cost and clearly calculating the return on investment. AI one-stop sales generates personalized content and publishes it on platforms such as Douyin and Xiaohongshu to build up the enterprise's brand promotion momentum. AI sales can replicate the best practices of top salespeople to quickly achieve order conversion. AI customer service improves customer retention and repurchase rates through personalized services. Currently, the sales and customer service modules of this product have been launched, and full-chain automation is expected to be achieved by June this year.

Zhang Zhenguang told 36Kr, "This year, we will promote product development from three aspects. First, we will help enterprises upgrade their understanding of the enterprise in the AI era and plan and construct the enterprise's strategy, business processes, and organizational models after being empowered by AI. Second, by developing strategic-level AI applications for enterprises, we will achieve a dimensionality reduction strike on the existing approaches. Third, based on our strong algorithm advantages and rapid development capabilities, we will enable customer enterprises to maintain a competitive edge in the similar AI fields among their peers."

"Sipu Technology" is currently an officially certified partner of Amazon Web Services and Baidu Smart Cloud, and has accessed top domestic and international customer resources through them. At the same time, the company collaborates with ecological partners such as Vistage Think Tank to help more customer enterprises complete their AI strategic transformation and AI upgrade of core competitiveness, and quickly capture the market. Last year, "Sipu Technology" achieved a revenue target of several million yuan, and it is expected to reach tens of millions this year.

Views of the investors:

Ni Qingwei, the chairman of Blue Ribbon Beer, said: "Leading the Series A financing of Sipu AI this time aims to cooperate with Sipu Technology to jointly explore the application and promotion of AI agents in the fast-moving consumer goods industry, especially the beer industry, and is committed to creating a benchmark for the application of artificial intelligence in the beer industry."

Wang Yue, the founder of Vistage Think Tank, said: "Participating in the Series A financing of Sipu AI this time aims to cooperate with Sipu AI's powerful technical team to launch Vistage's 'AI FIRST' strategy, quickly empower Chinese enterprises in industries such as large-scale consumption and large-scale health, and use the opportunities of artificial intelligence, especially AI agents, to strengthen or even reconstruct enterprises' competitiveness, achieving three '10s' representing excellent AI application results: reducing costs to 10%, increasing efficiency by 10 times, and growing business by 10 times."