Cloopen Group Holding Limited RAASY

RAASY Company Overview

Cloopen Group Holding Limited (RAASY) is a China-based cloud communications company that provides communications platform-as-a-service (CPaaS), cloud-based contact center solutions, and cloud communications applications for enterprise customers. The company operates within the enterprise software, cloud communications, and customer engagement technology industries. Its offerings enable businesses to integrate voice, messaging, video, and interactive communication capabilities into customer service, sales, operations, and collaboration workflows. Revenue has historically been driven by CPaaS solutions, including short message services (SMS), voice notifications, and related enterprise communication tools.

The company was founded in 2014 by Sun Tao and grew during the expansion of China’s enterprise cloud software market. Cloopen positioned itself as a domestic enterprise communications platform serving sectors such as internet services, financial services, education, healthcare, logistics, and e-commerce. The company became publicly traded in the United States through an IPO on the New York Stock Exchange in 2021 before later transitioning to over-the-counter trading under the ticker RAASY. Its strategic positioning has centered on providing scalable cloud communication infrastructure tailored to Chinese enterprise regulatory and operational requirements.