About Megvii
Megvii is an Industrial Goods & Manufacturing company based in Beijing (China) founded in 2011 by Qi Yin. Facial recognition and AI video analysis solutions are provided. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. Megvii has raised $1.98 billion across 10 funding rounds from investors including Citi, Goldman Sachs and Alibaba Group. The company has 413 employees. Megvii was last valued at $4 billion in May 2019. Its chief executive, as recorded, is Qi Yin. Its website megvii.com draws about 97 thousand monthly visits. Its focus areas include High Tech, Image Recognition, Facial Recognition and Security & Surveillance Technology. Its competitors include Dahua Technology and IntelliFusion; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Beijing, China
- Employees 413
- Founders Qi Yin
- Stage Unicorn
- SectorsIndustrial Goods & ManufacturingFinancial Services Technology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website megvii.com
- Social LinkedIn X Facebook
- Total Equity Funding$1.98B (USD)
in 10 rounds
- InvestorsCiti
& 24 more
- Employee Count413
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.
- Total Funding $1.98B
- Total Rounds 10
- Investors Count 25
All 10 funding rounds of Megvii with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | Series D | β | β | ||
| May 2019 | $750M | Series D | $4B | BOC Investment | |
| Sep 2018 | $600M | Series D | β | Alibaba Group | |
| Oct 2017 | $460M | Series C | β | β | |
| Dec 2016 | $100M | Series C | β | Foxconn Electronics, Qiming Venture Partners | β |
| Nov 2016 | $20M | Series C | β | β | |
| Mar 2015 | $25M | Series B | β | β | |
| Nov 2014 | $22M | Series B | β | Qiming Venture Partners, Innovation Works | β |
| Jul 2013 | Series A | β | Sinovation Ventures | β | |
| Jun 2012 | Seed | β | β |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $4B | β’β’β’β’β’β’β’β’ |
Last known valuation $4B (May 2019). 25 investors in total: 25 institutional.
Investors in Megvii
Megvii has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Alibaba Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in China are managed by BOC Investment. | bocgi.com | Xicheng, China | ||
Boyu Capital is recognized as a leading alternative asset management firm. | boyucapital.com | Hong Kong, China | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital investments are directed toward multiple sectors. | 2006 | qimingvc.com | Shanghai, China | |
Early-stage tech investments are targeted in China and the US. | sinovationventures.com | Beijing, China | ||
Software, hardware, and life sciences startups are funded and accelerated. | 1999 | innovationworks.org | Pittsburgh, United States | |
Chinese startups are funded and incubated by Legend Star. | legendstar.com.cn | Beijing, China | ||
Private equity investments target growth-stage firms in China. | Chongqing, China | |||
Startups are accelerated and funded by this venture capital firm. | cometlabs.io | San Francisco, United States | ||
Sovereign wealth fund backed by Russian goverment and private equity firm focused on growth equities | rdif.ru | Moscow, Russia |
Investor details for Megvii
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Megvii
2 people are tracked at Megvii (2 in leadership); the tracked headcount is 413.
| Name | Role | Group |
|---|---|---|
Qi Yin | Co-Founder & CEO | Leadership |
Jian Sun | Managing Director | Leadership |
Complete people profiles for Megvii
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Megvii
4 dated milestones of Megvii across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Megvii is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D,.
Competitors of Megvii
Megvii has 2 listed competitors in our database, 1 of them funded. They include Dahua Technology and IntelliFusion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dahuasecurity.com | 2001 | Hangzhou, China | 23,452 | AI and cloud-based video surveillance systems are developed. | ||
| intellif.com | 2014 | Shenzhen, China | $287.5M | Provider of AI and cloud-based vision processing units for video analytics applications |
Detailed competitors of Megvii
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Megvii
The website of Megvii (megvii.com) receives about 97.5K visits a month.
- Monthly visits97.5K
▲ 15.9% vs previous month
Websites whose visitors overlap most with Megvii. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| msxf.com | 100% | 177.3K | #196,698 | View details | |
faceplusplus.com.cn | faceplusplus.com.cn | 92% | #839,998 | β | |
| extremevision.com.cn | 90% | 4.9K | #3,437,811 | View details | |
firscom.cn | firscom.cn | 83% | β | ||
| neusoft.com | 80% | 232K | #145,875 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 30 similar websites and full traffic analytics for Megvii
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 30 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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
Related news about Megvii
Complete news archive for Megvii
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. It is registered at Beijing, Beijing, China.
Qi Yin is the CEO of Megvii, as recorded in our data. 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 has 413 employees.
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 Dahua Technology and IntelliFusion.
Megvii has 25 investors. Key investors include Citi, Goldman Sachs, Alibaba Group, Ant Group, and Foxconn Electronics.
The valuation of Megvii is $4B as of May 2019.