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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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.
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.
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Acquisitions are targeted by CPE as a private equity firm.
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Private equity investments are managed by Yunfeng Capital in China.
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M&A advisory, asset management firm, and private equity fund focused on multiple sectors
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Investor details for Dreame
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Investments & Acquisitions by Dreame
Investment portfolio details for Dreame
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Financial Statements - Dreame
Detailed financials for Dreame
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Dreame Comparisons
Peer comparison for Dreame
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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.
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Domestic cleaning robots are provided by iRobot.
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Cleaning robots are offered by Narwal as an internet-first brand.
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Developer of robotic vacuum cleaners for consumer purposes
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Cleanliness and safety robots are manufactured by ECOVACS Robotics.
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Manufactures vacuum robots and cordless vacuum cleaners for household use.
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Detailed competitors of Dreame
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Latest news on Dreame
Complete news archive for Dreame
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Frequently Asked Questions about Dreame
Dreame was founded in 2020.
Dreame is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
Dreame is a funded company, having raised a total of $550.6M across 2 funding rounds to date.
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.
Dreame's top competitors include iRobot, Narwal and ECOVACS Robotics.
Dreame offers Robot Vacuums, Wet Dry Vacuums, Cordless Stick Vacuums, Air Purifiers, and Hair Care Products.
Dreame has 15 investors. Key investors include Xiaomi, China Renaissance Group, 碧桂园, Edge Ventures, and Taikang Asset Management.