About DXY
DXY is a company based in Hangzhou (China) founded in 2010 by Tiantian Li.. DXY has raised $682 million across 5 funding rounds from investors including Tencent, Hillhouse and Trustbridge Partners. DXY operates in a competitive market with competitors including Doximity, Sermo, Docquity, DailyRounds and CLIRNet, among others.
- Headquarter Hangzhou, China
- Founders Tiantian Li
- Stage Unicorn
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Sectors
HealthcareMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$682 M (USD)
in 5 rounds
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Latest Funding Round
$500 M (USD), Series E
Dec 28, 2020
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Investors
Tencent
& 5 more
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Employee Count
Employee Count
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Funding Insights of DXY
DXY has successfully raised a total of $682M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $500 million completed in December 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 5
- Last Round Series E — $500.0M
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First Round
First Round
(01 Jun 2010)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series E - DXY | Valuation | Trustbridge Partners | |
| Jun, 2017 | Amount | Series D - DXY | Valuation | Trustbridge Partners |
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| Sep, 2014 | Amount | Series C - DXY | Valuation | Tencent |
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| 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 DXY
DXY has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Hillhouse and Trustbridge 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 |
|---|---|---|---|---|
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Global private equity investments are managed with long-term focus.
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Founded Year | Domain | Location | |
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early & growth stage tech and life sciences focused VC firm investing primarily in China and the US
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Founded Year | Domain | Location | |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and 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 DXY
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - DXY
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dxy Comparisons
Competitors of DXY
DXY 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 Doximity, Sermo, Docquity, DailyRounds and CLIRNet, 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 |
Mobile networking platform for medical professionals
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| domain | founded_year | HQ Location |
Provider of social community for physicians
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| domain | founded_year | HQ Location |
Professional networking for doctors is facilitated through discussions and resources.
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| domain | founded_year | HQ Location |
Provider of a social platform for healthcare professionals
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| domain | founded_year | HQ Location |
Online networking and knowledge-sharing platform for doctors is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about DXY
When was DXY founded?
DXY was founded in 2010.
Where is DXY located?
DXY is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of DXY?
Jin Zhang is the current CEO of DXY.
Is DXY a funded company?
DXY is a funded company, having raised a total of $682M across 5 funding rounds to date. The company's 1st funding round was a Series C of $70M, raised on Jun 01, 2010.
What does DXY do?
DXY was founded in 2010 in Hangzhou, China, as an online platform in the healthcare sector. Communication and knowledge sharing among physicians and professionals are enabled in areas such as medicine, pharmacy, and life sciences. A forum is maintained for discussions on clinical experiences, case studies, academic research, and career development, supporting operations primarily in China.
Who are DXY's investors?
DXY has 6 investors. Key investors include Tencent, Hillhouse, Trustbridge Partners, GL Ventures, and Shunwei Capital.
What is DXY's valuation?
The valuation of DXY is $1B as of Dec 2020.