About Dreame
Dreame is a company based in Suzhou (China) founded in 2020 by Yu Hao. It operates as a Direct-to-Consumer (D2C). Dreame has raised $550.6 million across 2 funding rounds from investors including Xiaomi, China Renaissance Group and 碧桂园. Dreame offers products and services including Robot Vacuums, Wet Dry Vacuums, Cordless Stick Vacuums, Air Purifiers, and Hair Care Products. Dreame operates in a competitive market with competitors including iRobot, Narwal, Roborock, ECOVACS Robotics and Proscenic, among others.
- Headquarter Suzhou, China
- Founders Yu Hao
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Sectors
TechnologyRetail Consumer
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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 Dreame Technology
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$550.6 M (USD)
in 2 rounds
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Latest Funding Round
$536 M (USD), Series C
Oct 21, 2021
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Investors
Xiaomi
& 14 more
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Employee Count
Employee Count
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Products & Services of Dreame
Dreame offers a comprehensive portfolio of products and services, including Robot Vacuums, Wet Dry Vacuums, Cordless Stick Vacuums, Air Purifiers, and Hair Care Products. 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.
Automated vacuums are provided for hands-free home cleaning.
Versatile vacuums are offered for wet and dry messes.
Portable vacuums are designed for powerful everyday cleaning tasks.
Devices are built to improve indoor air quality effectively.
Styling tools are created for effortless hair grooming.
Funding Insights of Dreame
Dreame has successfully raised a total of $550.6M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $536 million completed in October 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 2
- Last Round Series C — $536.0M
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First Round
First Round
(03 Sep 2020)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Dreame | Valuation | CPE , China Renaissance Group | |
| Sep, 2020 | Amount | Series B - Dreame | Valuation | IDG Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dreame
Dreame has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Xiaomi, China Renaissance Group and 碧桂园. 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 |
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Acquisitions are targeted by CPE as a private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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M&A advisory, asset management firm, and private equity fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dreame
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dreame
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dreame Comparisons
Competitors of Dreame
Dreame 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 iRobot, Narwal, Roborock, ECOVACS Robotics and Proscenic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Domestic cleaning robots are provided by iRobot.
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| domain | founded_year | HQ Location |
Cleaning robots are offered by Narwal as an internet-first brand.
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| domain | founded_year | HQ Location |
Developer of robotic vacuum cleaners for consumer purposes
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| domain | founded_year | HQ Location |
Cleanliness and safety robots are manufactured by ECOVACS Robotics.
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| domain | founded_year | HQ Location |
Manufactures vacuum robots and cordless vacuum cleaners for household use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dreame
Frequently Asked Questions about Dreame
When was Dreame founded?
Dreame was founded in 2020.
Where is Dreame located?
Dreame is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
Is Dreame a funded company?
Dreame is a funded company, having raised a total of $550.6M across 2 funding rounds to date. The company's 1st funding round was a Series B of $14.6M, raised on Sep 03, 2020.
What does Dreame do?
A range of smart home cleaning devices, including robot vacuums, wet dry vacuums, and cordless stick vacuums, are developed by Dreame. Personal care products such as hair stylers and dryers are also provided. The company focuses on innovation in daily life technology, targeting global consumers. Solutions are designed for hassle-free cleaning and effortless styling, spanning sectors like household appliances and personal grooming.
Who are the top competitors of Dreame?
Dreame's top competitors include iRobot, Narwal and ECOVACS Robotics.
What products or services does Dreame offer?
Dreame offers Robot Vacuums, Wet Dry Vacuums, Cordless Stick Vacuums, Air Purifiers, and Hair Care Products.
Who are Dreame's investors?
Dreame has 15 investors. Key investors include Xiaomi, China Renaissance Group, 碧桂园, Edge Ventures, and Taikang Asset Management.
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