About Shumei
Shumei is a company based in Beijing (China) founded in 2015 by Tang Huijun.. Shumei has raised $218 million across 3 funding rounds from investors including Tencent, Shunwei Capital and Matrix Partners China. Shumei operates in a competitive market with competitors including Integral Ad Science, Red Points, Castle, Glasswall and Trustev, among others.
- Headquarter Beijing, China
- Founders Tang Huijun
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Sectors
Industrial Goods & ManufacturingMedia & Entertainment Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$218 M (USD)
in 3 rounds
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Latest Funding Round
$135 M (USD), Series D
Apr 21, 2021
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Investors
Tencent
& 5 more
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Employee Count
Employee Count
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Funding Insights of Shumei
Shumei has successfully raised a total of $218M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $135 million completed in April 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series D — $135.0M
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First Round
First Round
(02 Mar 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series D - Shumei | Valuation |
investors |
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| Jan, 2020 | Amount | Series C - Shumei | Valuation | Tencent , Xiang He Capital |
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| Mar, 2017 | Amount | Series A - Shumei | Valuation |
investors |
| 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 Shumei
Shumei has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Shunwei Capital and Matrix Partners China. 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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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Early and growth-stage investments in China's TMT sector are targeted.
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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 Shumei
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Shumei
| 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 |
Shumei Comparisons
Competitors of Shumei
Shumei 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 Integral Ad Science, Red Points, Castle, Glasswall and Trustev, 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 |
AI powered ad fraud detection software
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| domain | founded_year | HQ Location |
AI-driven brand protection against counterfeits and infringements is delivered.
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| domain | founded_year | HQ Location |
Castle is focused on stopping bots and account abuse.
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| domain | founded_year | HQ Location |
Deployment security software is offered via a CDR platform.
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| domain | founded_year | HQ Location |
Provider of the fraud management solution for the retail industry
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| domain | founded_year | HQ Location |
Provider of ad fraud protection and compliance analytics platform
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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 Shumei
When was Shumei founded?
Shumei was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Shumei located?
Shumei is headquartered in Beijing, China.
Who is the current CEO of Shumei?
Tang Huijun is the current CEO of Shumei. They have also founded this company.
Is Shumei a funded company?
Shumei is a funded company, having raised a total of $218M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 02, 2017.
What does Shumei do?
Founded in 2015 and based in Beijing, China, operations focus on the anti-fraud software sector. Artificial intelligence and big data are employed to assist enterprises in identifying and addressing fraud. Services encompass detection of fraudulent spam content and images, fingerprint recognition, and mobile phone number verification. The domain ishumei.com supports these activities.
Who are the top competitors of Shumei?
Shumei's top competitors include Red Points, Integral Ad Science and Castle.
Who are Shumei's investors?
Shumei has 6 investors. Key investors include Tencent, Shunwei Capital, Matrix Partners China, Xiang He Capital, and Baidu Ventures.
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