About Ruigu
Ruigu is an Industrial Goods & Manufacturing company based in Shanghai (China) founded in 2014. MRO tools and supplies are supplied online by Ruigu. It operates in the Industrial Goods & Manufacturing and Retail sectors. Ruigu has raised $490.17 million across 7 funding rounds from investors including Primavera Capital Group, Taikang Insurance Group and Xiamen C&D Metals. Its focus areas include B2B E-Commerce, Industrial Goods, Diversified and E-Distributor. Its competitors include Easy-to-buy work, Vipmro and 51HGP; 3 of its 3 listed competitors have raised funding.
Company details
Ruigu was founded in 2014 and is based in Shanghai, China. Operations focus on the online supply of maintenance, repair, and operations (MRO) products within the industrial tools sector. Power tools, hand tools, generators, and lifting gear are offered from brands including WuLong, North, and Han Touch Power. Shipping services cover 165 cities across China, as recorded in May 2017.
- Headquarters Shanghai, China
- SectorsIndustrial Goods & ManufacturingRetail
- Phone•••• ••••
- Website ruigushop.com
- Total Equity Funding$490.17M (USD)
in 7 rounds
- Latest Funding Round$150M (USD), Series D
May 2022
- InvestorsPrimavera Capital Group
& 8 more
Funding Insights of Ruigu
Ruigu has successfully raised a total of $490.17M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in May 2022. 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 $490.17M
- Total Rounds 7
- Last Round Series D — $150M
- Investors Count 9
All 7 funding rounds of Ruigu 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 |
|---|---|---|---|---|---|
| May 2022 | $150M | Series D | – | Ontario Teachers' Pension Plan | – |
| Oct 2021 | $250M | Series D | – | Primavera | |
| Sep 2020 | Series C | – | Source Code Capital, CDH | – | |
| Sep 2019 | $42.17M | Series C | – | CDH, Bell Capital | – |
| Dec 2018 | $33.5M | Series B | – | – | |
| May 2017 | $14.5M | Series B | – | Chengwei Capital, Source Code Capital | – |
| Jun 2016 | Series A | – | – |
9 investors in total: 9 institutional.
Investors in Ruigu
Ruigu has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Primavera Capital Group, Taikang Insurance Group and Xiamen C&D Metals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial and logistics parks are developed across India by IndoSpace. | glp.com | Singapore, Singapore | ||
Private equity investments in China are managed by Primavera. | 2010 | primavera-capital.com | Beijing, China | |
Private equity and private debt firm focused on multiple sectors | cdhfund.com | Kowloon, China | ||
| ebvc.com.cn | ||||
Tech-driven startups are invested in by Source Code Capital. | sourcecodecap.com | Beijing, China | ||
Chengwei Capital is recognized as an early venture capital firm in China. | 1999 | chengwei.com | China | |
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada | |
Life insurance company | 1996 | taikang.com | Beijing, China | |
Supply chain, real estate, and financial services are provided. | 1980 | chinacnd.com | Xiamen, China |
Investor details for Ruigu
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.
Timeline of Ruigu
3 dated milestones of Ruigu across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Ruigu is founded.
- Funding First funding round.
- Funding Latest funding round, Series D, of $150.0M.
Competitors of Ruigu
Ruigu has 3 listed competitors in our database, 3 of them funded. They include Easy-to-buy work, Vipmro and 51HGP.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yesmro.cn | 2016 | Shanghai, China | $10M | MRO and industrial tools are e-distributed via an online platform. | ||
| vipmro.com | 2007 | Suzhou, China | $64.27M | Industrial supplies are sourced via an online B2B platform. | ||
| 51hgp.com | 2015 | Hangzhou, China | $16M | Industrial goods such as fasteners and tools are distributed electronically. |
Detailed competitors of Ruigu
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.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — 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 Ruigu
Complete news archive for Ruigu
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 Ruigu
Ruigu was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Ruigu is headquartered in Shanghai, China.
Ruigu is a funded company, having raised a total of $490.17M across 7 funding rounds to date.
Ruigu was founded in 2014 and is based in Shanghai, China. Operations focus on the online supply of maintenance, repair, and operations (MRO) products within the industrial tools sector. Power tools, hand tools, generators, and lifting gear are offered from brands including WuLong, North, and Han Touch Power. Shipping services cover 165 cities across China, as recorded in May 2017.
Ruigu's top competitors include Easy-to-buy work, Vipmro and 51HGP.
Ruigu has 9 investors. Key investors include Primavera Capital Group, Taikang Insurance Group, Xiamen C&D Metals, Ontario Teachers' Pension Plan, and IndoSpace.