Megvii

Beijing, China Founded: 2011 • Age: 15 yrs
Facial recognition and AI video analysis solutions are provided.
Annual revenue - Latest available
Total funding $2.0B 10 rounds
Employees - Tracked headcount
Investors 18 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Megvii

Megvii is a company based in Beijing (China) founded in 2011 by Qi Yin. Megvii has raised $1.98 billion across 10 funding rounds from investors including Citi, Goldman Sachs and Alibaba Group. Megvii operates in a competitive market with competitors including Unico, Evrotrust, Dahua Technology, IntelliFusion and Oosto, among others.

  • Headquarter Beijing, China
  • Founders Qi Yin
  • Stage Unicorn
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.98 B (USD)

    in 10 rounds

  • Latest Funding Round
    Not available
  • Investors
    Citi

    & 17 more

  • Employee Count
    Not available
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Funding Insights of Megvii

Megvii has successfully raised a total of $1.98B across 10 strategic funding rounds. 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 Megvii

Megvii has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Alibaba Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in China are managed by BOC Investment.
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Boyu Capital is recognized as a leading alternative asset management firm.
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Investment banking services are delivered across multiple financial sectors.
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Investor details for Megvii

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Megvii

Investments
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Investment portfolio details for Megvii

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Financial Statements - Megvii

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Detailed financials for Megvii

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  • Profit trends
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Megvii Comparisons

Megvii Primary company
Description
Facial recognition and AI video analysis solutions are provi...
Location
Beijing, China
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Megvii

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Competitors of Megvii

Megvii 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 Unico, Evrotrust, Dahua Technology, IntelliFusion and Oosto, among others.

Company Name Domain Founded year HQ Location Description
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Digital identity solutions company providing facial biometrics and digital admission solutions
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AI-based identity verification and electronic signing are provided for businesses.
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AI and cloud-based video surveillance systems are developed.
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Provider of AI and cloud-based vision processing units for video analytics applications
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AI-powered video analytics systems are provided for security and operations.
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Detailed competitors of Megvii

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Latest news on Megvii

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Complete news archive for Megvii

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Frequently Asked Questions about Megvii

Megvii was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Megvii is headquartered in Beijing, China.

Qi Yin is the current CEO of Megvii. They have also founded this company.

Megvii is a funded company, having raised a total of $1.98B across 10 funding rounds to date.

Megvii was founded in 2011 and is headquartered in Beijing, China. Operations focus on the AI sector, where hardware and software for intelligent video analysis, including facial recognition, are developed. A robotics division handles material handling and automated warehouse systems. Cloud computing services for exascale resource scheduling and exabyte data storage management are also maintained.

Megvii's top competitors include iProov, Evrotrust and Oosto.

Megvii has 18 investors. Key investors include Citi, Goldman Sachs, Alibaba Group, Ant Group, and Foxconn Electronics.

The valuation of Megvii is $4B as of May 2019.

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