About Deerma
Deerma is a company based in Foshan (China) founded in 2007.. Deerma has raised $177.36 million across 3 funding rounds from investors including Fortune Capital, Cathay Capital and Charisma Partners. Deerma offers products and services including Vacuum Cleaners and Fabric Cleaning Machines.
- Headquarter Foshan, China
- Stage Public
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
- Legal Name Guangdong Deerma Technology Co., Ltd. Class A
-
Annual Revenue
$482.23 M (USD)11.93as on Dec 31, 2024
-
Net Profit
$19.51 M (USD)30.95as on Dec 31, 2024
-
EBITDA
$30.72 M (USD)28.32as on Dec 31, 2024
-
Total Equity Funding
$177.36 M (USD)
in 3 rounds
-
Latest Funding Round
$53.76 M (USD), Series B
Jul 04, 2020
-
Investors
Fortune Capital
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Deerma
Deerma is a publicly listed company on the SZSE with ticker symbol 301332 in China, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Deerma
Deerma offers a comprehensive portfolio of products and services, including Vacuum Cleaners and Fabric Cleaning Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vacuum cleaners are designed for efficient cleaning of households with features like dust detection.
Fabric cleaning machines are provided for the maintenance of furniture using versatile brush heads.
Funding Insights of Deerma
Deerma has successfully raised a total of $177.36M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $53.76 million completed in July 2020. 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 3
- Last Round Series B — $53.8M
-
First Round
First Round
(25 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - Deerma | Valuation | Fortune Capital , Cathay Capital |
|
| Oct, 2019 | Amount | Series A - Deerma | Valuation | Charisma Partners , Genbridge Capital | |
| Jun, 2018 | Amount | Series A - Deerma | Valuation | CPE |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deerma
Deerma has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Fortune Capital, Cathay Capital and Charisma Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Cathay Capital is engaged in global investment and transformation.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Deerma
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Deerma
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deerma Comparisons
Competitors of Deerma
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Deerma
Frequently Asked Questions about Deerma
When was Deerma founded?
Deerma was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Where is Deerma located?
Deerma is headquartered in Foshan, China. It is registered at Foshan, Guangdong, China.
Is Deerma a funded company?
Deerma is a funded company, having raised a total of $177.36M across 3 funding rounds to date. The company's 1st funding round was a Series A of $76.86M, raised on Jun 25, 2018.
What is the annual revenue of Deerma?
Annual revenue of Deerma is $482.23M as on Dec 31, 2024.
What does Deerma do?
Deerma was founded in 2007 in Foshan, China, as a brand focused on the home appliances sector. Products such as humidifiers, vacuum cleaners, grinders, dehumidifiers, juicers, and dryers are offered through online sales on deerma.com. Operations center on manufacturing and distributing these household items to global markets, with emphasis on practical functionality for everyday use.
What products or services does Deerma offer?
Deerma offers Vacuum Cleaners and Fabric Cleaning Machines.
Is Deerma publicly traded?
Yes, Deerma is publicly traded on SZSE under the ticker symbol 301332.
Who are Deerma's investors?
Deerma has 6 investors. Key investors include Fortune Capital, Cathay Capital, Charisma Partners, GenBridge, and OPPEIN.
What is Deerma's ticker symbol?
The ticker symbol of Deerma is 301332 on SZSE.