About The ONE
The ONE is a company based in Yichang (China) founded in 2011 by Ye Bin.. The ONE has raised $16.57 million across 2 funding rounds from investors including Zhen Fund, Sequoia Capital and Sinovation Ventures. The ONE operates in a competitive market with competitors including Simply, Yousician, Trala, Skoove and Musopia, among others.
- Headquarter Yichang, China
- Founders Ye Bin
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Sectors
EducationMedia & Entertainment
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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
$16.57 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Oct 27, 2015
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Investors
Zhen Fund
& 2 more
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Employee Count
Employee Count
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Funding Insights of The ONE
The ONE has successfully raised a total of $16.57M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in October 2015. 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 2
- Last Round Series B — $15.0M
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First Round
First Round
(01 Mar 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Series B - The ONE | Valuation | Zhen Fund , Sequoia Capital |
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| Mar, 2014 | Amount | Series A - The ONE | Valuation | Sinovation Ventures |
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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 The ONE
The ONE has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Zhen Fund, Sequoia Capital and Sinovation Ventures. 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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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in China and the US.
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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 The ONE
| 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 - The ONE
| 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 |
The One Comparisons
Competitors of The ONE
The ONE 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 Simply, Yousician, Trala, Skoove and Musopia, 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 |
Creative hobbies are made accessible through interactive learning apps by Simply.
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| domain | founded_year | HQ Location |
Musical instrument learning is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
Trala is focused on providing violin learning through an innovative app.
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| domain | founded_year | HQ Location |
Piano learning solutions are delivered via mobile and SaaS platforms.
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| domain | founded_year | HQ Location |
Music software for mobile learning apps is developed by Musopia.
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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 The ONE
When was The ONE founded?
The ONE was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is The ONE located?
The ONE is headquartered in Yichang, China. It is registered at Yichang, Hubei, China.
Who is the current CEO of The ONE?
Ye Bin is the current CEO of The ONE. They have also founded this company.
Is The ONE a funded company?
The ONE is a funded company, having raised a total of $16.57M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.57M, raised on Mar 01, 2014.
What does The ONE do?
Founded in 2011 in Yichang, China, the company develops hardware and software for music education. A smart keyboard piano is produced that connects directly to iPhone or iPad devices, enabling song learning and lessons via a companion app. The app provides structured music tutorials, interactive games, and options for downloading sheet music. Approximately 20,000 units were sold in China during 2013-14.
Who are the top competitors of The ONE?
Who are The ONE's investors?
The ONE has 3 investors. Key investors include Zhen Fund, Sequoia Capital, and Sinovation Ventures.
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