About 5Lmeet
5Lmeet was a Real Estate & Construction company based in Beijing (China) founded in 2015 by Mao Daqing. It develops co-living and co-working spaces for modern lifestyles. It operates on a B2C model. 5Lmeet has raised $91.35 million across 3 funding rounds from investors including Shengjing 360, Liyuan Industry Group and Jinyun Electrical Installation. Its chief executive is Mao Daqing. The company is recorded as dissolved. Its focus areas include Real Estate, Property Development, Shared Spaces and Co-living and Co-working. Its competitors include WeWork, Common, Hmlet, MyDreamPlus and Krypton Space and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
5Lmeet, led by Mao Daqing as Founder, CEO, specializes in involved in property dealings, property development, shared spaces, and co-living and co-working. Develops co-living and co-working spaces for modern lifestyles. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Beijing, China
- Founders Mao Daqing
- SectorsReal Estate & Construction
- Website 5lmeet.com
- Total Equity Funding$91.35M (USD)
in 3 rounds
- Latest Funding Round$31.35M (USD), Series B
May 2018
- InvestorsShengjing 360
& 12 more
Funding Insights of 5Lmeet
5Lmeet has successfully raised a total of $91.35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $31.35 million completed in May 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.
- Total Funding $91.35M
- Total Rounds 3
- Last Round Series B — $31.35M
- Investors Count 13
All 3 funding rounds of 5Lmeet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $31.35M | Series B | – | – | |
| Oct 2016 | $60M | Series A | – | Jinyun Electrical Installation | |
| Apr 2016 | – | Angel Round | – | – |
13 investors in total: 13 institutional.
Investors in 5Lmeet
5Lmeet has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Shengjing 360, Liyuan Industry Group and Jinyun Electrical Installation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm focused on multiple sectors | – | huagaicapital.com | Dongguan, China | |
Early and growth-stage TMT startups are funded in China. | – | gaorongvc.com | Beijing, China | |
Provider of early stage venture capital focused on technology companies | – | nlvc.com | Menlo Park, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | – | zhenfund.com | Beijing, China | |
Private equity investment firm | – | chinaequity.net | Chaoyang, China | |
- | – | leadervc.cn | - | |
Serves as a supplier of automobile spare parts. | 2004 | liyuangroup.cn | China | |
- | – | jybeijing.cn | - | |
- | – | gopherasset.com | - |
Investor details for 5Lmeet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of 5Lmeet
1 people are tracked at 5Lmeet (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mao Daqing | Founder, CEO | Leadership |
Complete people profiles for 5Lmeet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of 5Lmeet
3 dated milestones of 5Lmeet across 3 years, from founding to its latest funding, stage changes and deals.
- Founded 5Lmeet is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $31.4M.
Competitors of 5Lmeet
5Lmeet has 9 listed competitors in our database, 8 of them funded. They include WeWork, Common, Hmlet, MyDreamPlus and Krypton Space, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| common.com | 2015 | New York, United States | $152.36M | 247 | Provider of managed co-living spaces | |
| hmlet.com | 2016 | Singapore | $54M | – | Managed co-living spaces are provided with shared rooms and amenities. | |
| mydreamplus.com | 2015 | Beijing, China | $194M | – | Managed shared workspaces are provided online for entrepreneurs and freelancers. | |
| krspace.cn | 2014 | Beijing, China | $283.11M | – | Provides managed co-working spaces tailored for freelancers and enterprises to enhance productivity. | |
| weplus.com | 2016 | Shanghai, China | $11.76M | – | - | |
| nakedhub.com | 2015 | Shanghai, China | $33M | – | Provider of managed co-working spaces | |
| cic.com | 1999 | Cambridge, United States | – | 230 | Managed co-working spaces are provided for startups, corporations, and individuals. | |
| wujiespace.com | 2015 | Beijing, China | $14M | – | Co-working spaces and conference rooms are provided in Chinese cities. |
Detailed competitors of 5Lmeet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Serviced & Flexible Workspaces
10 companies that operate in the same segment as 5Lmeet (Serviced & Flexible Workspaces), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Modular buildings, portable storage, and electronic test equipment are rented. | 1979 | Livermore, California, United States | – | USD 944.24 M | 1,220 | |
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | – | – | – | |
Managed co-working spaces are offered in Helsinki, Finland. | 1811 | Helsinki, Finland | – | – | – | |
Investment holding company focused on providing office space | 1987 | South Africa | – | USD 814.19 M | – | |
Workspace and residential suites are provided by Allied Properties REIT. | 1990 | Toronto, Ontario, Canada | – | USD 432.65 M | 351 | |
Provides managed office spaces for businesses. | 1988 | Gurugram, Haryana, India | – | USD 30.2 M | 1,029 | |
Commercial developer services are provided to businesses in Finland. | 1982 | Oulu, North Ostrobothnia, Finland | USD 56.93 M | – | – | |
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities. | 1996 | Bengaluru, Karnataka, India | – | USD 281.58 M | 221 | |
Real estate development focusing on residential and commercial projects in Mumbai. | 2002 | Mumbai, Maharashtra, India | USD 39.06 M | USD 662.33 K | 23 | |
Workspace solutions are provided by Incubex for various businesses. | 2016 | Bengaluru, Karnataka, India | – | USD 7.18 M | – |
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Frequently Asked Questions about 5Lmeet
5Lmeet was founded in 2015 and raised its 1st funding round 1 year after it was founded.
5Lmeet is headquartered in Beijing, China.
Mao Daqing is the current CEO of 5Lmeet. They have also founded this company.
5Lmeet is a funded company, having raised a total of $91.35M across 3 funding rounds to date.
5Lmeet, led by Mao Daqing as Founder, CEO, specializes in involved in property dealings, property development, shared spaces, and co-living and co-working. Develops co-living and co-working spaces for modern lifestyles. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
5Lmeet has 13 investors. Key investors include Shengjing 360, Liyuan Industry Group, Jinyun Electrical Installation, Gopher Assets, and Huagai Capital.