About BuyHive
BuyHive is a company based in Kowloon (China) founded in 2019 by Michael Hung, Pranav Shah, Brent Barnes, and Minesh Pore. BuyHive has raised $2.2 million across 1 funding round from investors including Choco Up. BuyHive offers products and services including Sourcing Experts, Sourcing Report, and Contract Manufacturing. BuyHive operates in a competitive market with competitors including See Fufu Convenience Store, Shenzhen Zheng Hao Kang Technology, CSOT, Lemon Bean and Oriental Culture Holding, among others.
- Headquarter Kowloon, China
- Founders Michael Hung, Pranav Shah, Brent Barnes, Minesh Pore
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Sectors
Industrial Goods & ManufacturingRetail
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Email
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Phone
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Website
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Social
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- Legal Name Buyhive Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.2 M (USD)
in 1 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Sep 16, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of BuyHive
BuyHive offers a comprehensive portfolio of products and services, including Sourcing Experts, Sourcing Report, and Contract Manufacturing.
Platform for hiring vetted experts to connect buyers and manufacturers.
Document providing manufacturer recommendations and product details.
End-to-end solution for manufacturer selection and production.
People of BuyHive
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Funding Insights of BuyHive
BuyHive has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.2 million completed in September 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(16 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - BuyHive | Valuation | Choco Up |
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Investors in BuyHive
BuyHive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Choco Up.
| Investor | Description | Founded Year | Domain | Location |
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Revenue-based financing is offered via an online platform to businesses.
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Founded Year | Domain | Location |
Investments & Acquisitions by BuyHive
Financial Statements - BuyHive
Buyhive Comparisons
Competitors of BuyHive
BuyHive 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 See Fufu Convenience Store, Shenzhen Zheng Hao Kang Technology, CSOT, Lemon Bean and Oriental Culture Holding, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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China based consumer goods store
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Tempered glass products are manufactured under contract agreements.
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Contract manufacturer of thin film transistor and liquid crystal display devices
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Industrial internet solutions are offered for SMEs' digital transformation.
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E-commerce services for artwork and collectibles trading are provided.
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Frequently Asked Questions about BuyHive
BuyHive was founded in 2019 and raised its 1st funding round 2 years after it was founded.
BuyHive is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
Minesh Pore is the current CEO of BuyHive. They have also founded this company.
BuyHive is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Seed of $2.2M, raised on Sep 16, 2021.
Online B2B marketplace platform connecting buyers and manufacturers. It provides a platform for helping buyers in product sourcing by providing a freelancer network of sourcing professionals who make supplier recommendations to buyers year-round and by providing a B2B e-commerce platform featuring invitation-only suppliers. It also provides an end-to-end sourcing solution by tracking the production and delivery of finished goods for buyers globally.
BuyHive's top competitors include Oriental Culture Holding, Lemon Bean and See Fufu Convenience Store.
BuyHive offers Sourcing Experts, Sourcing Report, and Contract Manufacturing.
BuyHive has 1 investor. Key investors include Choco Up.