Alibaba Cloud Backs BetterYeah in $13.8M Series B for AI Agent Expansion

BetterYeah, a Hangzhou-based enterprise AI development platform, has raised over 100 million yuan (approximately US$13.8 million) in a Series B funding round. The round was led by Alibaba Cloud, with participation from Maintrend Capital. Foresight Capital acted as the exclusive financial advisor.

Founded by former Alibaba and DingTalk executives, BetterYeah focuses on building AI agents designed to streamline office operations and improve workplace efficiency. The startup currently serves nearly 100,000 teams across various sectors.

The company plans to launch a new AI agent platform later this quarter. According to industry sources, the deal marks one of the largest disclosed investments in China’s growing enterprise AI agent space.

The fresh capital will be used to advance BetterYeah’s next-generation enterprise AI agent products. The company claims this is the largest publicly disclosed investment in China’s AI agent space to date. 

BetterYeah’s main offering is an AI-powered enterprise platform that helps businesses automate tasks and streamline operations. It features a multimodal data engine, tools for team collaboration, and a visual editor for building and managing workflows. The platform can be deployed flexibly across SaaS, hybrid, or private cloud setups, catering to different enterprise IT needs.

Since its launch, BetterYeah has onboarded nearly 100,000 enterprise teams. Its customer base includes major companies such as Lenovo, Belle Fashion Group, Ecovacs, and Supor, highlighting its traction among large and mid-sized businesses in China.

BetterYeah was established by Zhang Yi, who previously served as a vice president at Alibaba’s workplace platform DingTalk, where he led the development of intelligent HR solutions. The company’s leadership also includes COO Huang Wen and CTO Huang Zhongkun, both of whom were part of DingTalk’s original founding team, bringing strong expertise in enterprise software.

BetterYeah’s focus on enterprise AI sets it apart from many startups targeting consumer use cases. Its AI agents are designed to act as digital colleagues—automating repetitive tasks, managing workflows, and supporting customer engagement. The company plans to launch a new version of its platform in the third quarter of this year.

The funding comes as China’s AI agent market gains momentum, with tech giants like Baidu and ByteDance launching their own offerings. Industry watchers expect the global AI agent market to grow rapidly, from US$5.4 billion in 2024 to over US$230 billion by 2034, according to Precedence Research.