BuyHive

Kowloon, China Founded: 2019 • Age: 7 yrs
Online B2B marketplace platform connecting buyers and manufacturers

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
  • Sectors
    Industrial Goods & Manufacturing
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website thebuyhive.com
  • Social LinkedIn X Facebook
  • Legal Name Buyhive Limited
Key Metrics
  • Total Equity Funding
    $2.2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.2M (USD), Seed

    Sep 2021

  • Investors

Products & Services of BuyHive

BuyHive offers a comprehensive portfolio of products and services, including Sourcing Experts, Sourcing Report, and Contract Manufacturing.

Sourcing Experts
Service Platform

Platform for hiring vetted experts to connect buyers and manufacturers.

Sourcing Report
Consulting Service

Document providing manufacturer recommendations and product details.

Contract Manufacturing
Supply Chain Service

End-to-end solution for manufacturer selection and production.

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 $2.2M
  • Total Rounds 1
  • Last Round Seed β€” $2.2M
  • First Round $2.2M

    (Sep 2021)

  • Investors Count 1

All 1 funding rounds of BuyHive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$2.2MSeed–Choco Up
–
Valuation history

1 investors in total: 1 institutional.

Investors in BuyHive

BuyHive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Choco Up.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Revenue-based financing is offered via an online platform to businesses.
2018choco-up.comHong Kong, China
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Investor details for BuyHive

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 BuyHive

8 people are tracked at BuyHive (4 in leadership, 3 in board & advisors, 1 in team).

NameRoleGroup
Michael Hung
Co-Founder & CMOLeadership
Pranav Shah
Co-Founder & CTOLeadership
Brent Barnes
Co-Founder & COOLeadership
Minesh Pore
Co-Founder & CEOLeadership
Zixiao Pan
Advisory BoardBoard & advisors
Jimmy Ku
AdvisorBoard & advisors
Christophe Roussel
AdvisorBoard & advisors
Ahsan Badal
Sourcing SpecialistTeam
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Complete people profiles for BuyHive

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 BuyHive

2 dated milestones of BuyHive across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded BuyHive is founded.
  2. Funding First funding round of $2.2M.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fook.cc2006Xiamen, China$7.77M–
China based consumer goods store
sz-zhk.com2012Shenzhen, China––
Tempered glass products are manufactured under contract agreements.
szcsot.com2009Shenzhen, China––
Contract manufacturer of thin film transistor and liquid crystal display devices
ningmengdou.com2015Qingdao, China$7.22M–
Industrial internet solutions are offered for SMEs' digital transformation.
ocgroup.hk2018Nanjing, China––
E-commerce services for artwork and collectibles trading are provided.
skinow.cn2000Chaoyang, China––
Retailer of snow skiing products
deren.com1989Shenzhen, China––
Serves as a contract manufacturer specializing in electronic and automotive products for business clients.
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Detailed competitors of BuyHive

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.

Web traffic of BuyHive

The website of BuyHive (thebuyhive.com) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▲ 34.9% vs previous month

Latest news on Buyhive

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Complete news archive for BuyHive

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to BuyHive

10 companies that operate in the same segment as BuyHive (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based ERP software is offered for multiple industries.
2002New York, New York, United StatesUSD 1.52 B––
Platform for on-demand distributed manufacturing and prototyping is provided.
2013Gaithersburg, Maryland, United StatesUSD 203.44 MUSD 686.63 M1,090
Hexagon is recognized for delivering advanced measurement and automation technologies.
1980Stockholm, Sweden–USD 6.52 B–
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Cloud-based 3D CAD system is accessed via web browsers.
2012Cambridge, Massachusetts, United StatesUSD 348.69 MUSD 695.52 K–
AI-powered data science platform enables model deployment and analytics insights.
1985Troy, United StatesUSD 35.05 M––
AI-based software for manufacturing process optimization is offered.
1981Bedford, United StatesUSD 100 MUSD 5.21 M64
Manufacturing solutions are provided for industrial and consumer sectors.
2018Bengaluru, Karnataka, IndiaUSD 857.1 MUSD 1.71 B1,248
Equipment rental marketplace and digital tools for construction are offered.
2014Columbia, United StatesUSD 806.48 MUSD 4.38 B–
Modular hardware and software platform for industrial automation is provided.
2016Montreal, Quebec, CanadaUSD 263.41 M––
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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 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.

BuyHive operates through Buyhive Limited.

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