Jishiyu
Jishiyu is a Hangzhou-based high-tech enterprise founded in 2016 that develops elevator safety monitoring systems. The company serves the Chinese building safety market with 51-100 employees and has raised approximately $14.5 million in institutional funding.
- Company typePrivate
- Founded2016
- HeadquartersHangzhou, China
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Jishiyu does
Jishiyu is a Hangzhou, China-based high-tech enterprise founded in 2016 that develops elevator safety monitoring systems. The company operates in the industrial building-safety segment, addressing elevator operational safety and regulatory compliance through what is understood to be a combination of sensor-based monitoring hardware and a software platform, though specific product architecture is not detailed in available sources. With 51-100 employees, Jishiyu is positioned as a small-to-mid sized specialized vendor in the Chinese elevator safety market, a regulated niche governed by national and municipal safety codes.
The company has secured at least one institutional funding round, raising approximately $14.5 million in July 2019 from Chuanghui Industry Investment Management, which provided a mid-stage capital base. The company's business model is presumed to be B2B sales to property management firms, elevator maintenance operators, and potentially municipal safety regulators in China, but no pricing structure, customer logos, revenue figures, or product specifications are disclosed in the available source material. The founder, Xiaocong Zhang, is identified as co-founder; no other management or board composition data is available.
Jishiyu firmographics
Firmographics- Name
- Jishiyu
- Website
- https://hzjishiyu.com
- Company type
- Private
- Founded year
- 2016
- Headcount range
- 51–100 employees
- Short description
- Jishiyu is a Hangzhou-based high-tech enterprise founded in 2016 that develops elevator safety monitoring systems. The company serves the Chinese building safety market with 51-100 employees and has raised approximately $14.5 million in institutional funding.
- Ownership category
- akta.pro rank
Jishiyu industry classification
Industry- Product category
- Elevator Safety Monitoring Systems
- NAICS
- Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)
- akta.pro primary industry
- Elevator Remote Monitoring & Predictive Maintenance (IoT/Connected Elevators) (BPABAIAH)
- akta.pro secondary industries
- Elevator, Escalator & Lift Maintenance (IMAIABAF), Smart Elevators, Escalators & Vertical Transportation (HSAPAPAH), Elevator Inspection, Testing & Code Compliance (Third-Party/Witness Testing) (BPABAIAF)
Keywords
Where Jishiyu is headquartered
LocationHeadquarters
- HQ city
- Hangzhou
- HQ country
- China
- HQ region
- Asia
Markets served
Jishiyu business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier with basic GitLab functionality |
Distribution channels2 records
Marketing channels3 records
Jishiyu product offering
Product offeringCore offering
Jishiyu develops elevator safety monitoring systems for monitoring elevator operational status and safety parameters. The company provides high-tech safety monitoring solutions targeted at buildings and elevator installations.
Differentiator
Problem solved
Functional benefit
Products and services
- Elevator Safety Monitoring System
Companies that use Jishiyu
Customer profileSegments3 records
Ideal customer profiles2 records
Jishiyu technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Jishiyu partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights1 record
Jishiyu competitors and assessment
Company assessmentRegional players
- SJEC (Suzhou江南嘉捷电梯): China-based elevator manufacturer with a domestic service and modernization business. Comparable as a Chinese regional OEM that Jishiyu would either partner with or compete against for safety monitoring and retrofit opportunities.
- Sigma Elevator: China-focused elevator manufacturer and service provider with modernization and intelligent elevator offerings. Comparable as a regional player whose service-driven business model overlaps with Jishiyu's safety monitoring value proposition.
- Canny Elevator: China-based elevator OEM with growing service and smart-elevator offerings. Comparable as a regional player bundling elevator hardware with digital service capabilities, competing for the same Chinese end-customers as Jishiyu.
Broad incumbents
- thyssenkrupp Elevator (TK Elevator): Major elevator manufacturer with the MAX predictive maintenance solution and a significant China presence. Comparable as an incumbent bundling IoT-based safety and condition monitoring with service contracts, directly contesting Jishiyu's addressable market.
- KONE: Global elevator and escalator major whose 24/7 Connected Services and predictive maintenance platform overlap directly with Jishiyu's elevator monitoring offering. KONE bundles monitoring with its service contracts, making it both a competitor for retrofits and a reference point for what an incumbent platform looks like.
- Hitachi Elevator (China): One of the largest elevator suppliers in China, offering connected elevator and remote monitoring capabilities. Comparable as both a global incumbent and a particularly strong regional competitor in Jishiyu's home market.
- Schindler: Global elevator OEM operating the Schindler Ahead IoT/digital ecosystem for elevator monitoring and predictive maintenance. Comparable as a large incumbent with proprietary connected-elevator technology targeting the same end-customers as Jishiyu.
- Mitsubishi Electric Elevator & Escalator: Global elevator OEM with its own AI-based remote monitoring and maintenance systems. Comparable as an incumbent competitor in the elevator safety monitoring space, with a meaningful footprint in China's high-end commercial segment.
- OTIS: World's largest elevator company and the operator of the Otis ONE IoT platform, which performs real-time elevator health and safety monitoring. Otis's installed-base scale and bundled service contracts make it the most direct incumbent benchmark for Jishiyu's go-to-market.
Direct peers
- INVT: Chinese industrial automation and elevator drive specialist that sells elevator control systems and integrated monitoring solutions. Comparable as a Chinese-domestic technology vendor competing for the same elevator intelligence and monitoring layer that Jishiyu targets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Jishiyu financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jishiyu leadership team
Management profileNumber of profiles
Profiles1 record
Jishiyu funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jishiyu M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jishiyu
What does Jishiyu do?
Jishiyu develops elevator safety monitoring systems for monitoring elevator operational status and safety parameters. The company provides high-tech safety monitoring solutions targeted at buildings and elevator installations.
When was Jishiyu founded?
Jishiyu was founded in 2016. It employs 51 to 100 people.
Where is Jishiyu based?
Jishiyu is headquartered in Hangzhou, China, in the Asia region.
Who are Jishiyu's main competitors?
Regional players on record are SJEC (Suzhou江南嘉捷电梯), Sigma Elevator and Canny Elevator. Broad incumbents are thyssenkrupp Elevator (TK Elevator), KONE, Hitachi Elevator (China), Schindler, Mitsubishi Electric Elevator & Escalator and OTIS. INVT is listed as a direct peer.
Does Jishiyu have an API?
No public API is recorded for Jishiyu.
What industry is Jishiyu in?
Jishiyu's product category is Elevator Safety Monitoring Systems. Its primary akta.pro industry code is BPABAIAH, Elevator Remote Monitoring & Predictive Maintenance (IoT/Connected Elevators), with a secondary code of IMAIABAF, Elevator, Escalator & Lift Maintenance. Its NAICS code is 334513 and its SIC code is 3823.