About 51HGP
51HGP is a company based in Hangzhou (China) founded in 2015. 51HGP has raised $16 million across 1 funding round from investors including Eastern Bell Capital. 51HGP operates in a competitive market with competitors including Milwaukee Tool, Fastenal, Ruigu, Easy-to-buy work and Ehsy, among others.
- Headquarter Hangzhou, China
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Sectors
Industrial Goods & ManufacturingRetail
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16 M (USD)
in 1 rounds
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Latest Funding Round
$16 M (USD), Series A
Jul 31, 2018
- Investors
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Employee Count
Not available
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Funding Insights of 51HGP
51HGP has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series A round of $16 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 51HGP
51HGP has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Eastern Bell Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early stage investment in supply chain, technology, retail, and multiple sectors
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Investor details for 51HGP
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Investments & Acquisitions by 51HGP
Investment portfolio details for 51HGP
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Financial Statements - 51HGP
Detailed financials for 51HGP
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51Hgp Comparisons
Peer comparison for 51HGP
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Competitors of 51HGP
51HGP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Milwaukee Tool, Fastenal, Ruigu, Easy-to-buy work and Ehsy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Industrial tools are distributed online by Milwaukee Tool.
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Industrial tools and equipment are distributed online to various sectors.
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MRO tools and supplies are supplied online by Ruigu.
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MRO and industrial tools are e-distributed via an online platform.
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Industrial B2B e-commerce platform for tools and systems is operated.
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Industrial supplies are sourced via an online B2B platform.
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Detailed competitors of 51HGP
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Latest news on 51Hgp
Complete news archive for 51HGP
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Frequently Asked Questions about 51HGP
51HGP was founded in 2015 and raised its 1st funding round 3 years after it was founded.
51HGP is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
51HGP is a funded company, having raised a total of $16M across 1 funding round to date.
51HGP was established in 2015 in Hangzhou, China, as an e-distributor in the industrial goods sector. A range of products, including fasteners, hand tools, hardware, auto parts, measuring tools, and low-voltage electrical appliances, is offered through online channels. Operations focus on supplying these items to various industrial needs, with the domain 51hgp.com serving as the primary platform.
51HGP's top competitors include Fastenal, Milwaukee Tool and Ruigu.
51HGP has 1 investor. Key investors include Eastern Bell Capital.