About Tongbanjie
Tongbanjie is a company based in Hangzhou (China) founded in 2012 by Jun He.. Tongbanjie has raised $60 million across 2 funding rounds from investors including Legend Capital, China Growth Capital and IDG Capital. Tongbanjie operates in a competitive market with competitors including MarketAxess Holdings, Zhuaqianmao, Ppmiao, Huoqiu and Liuhewang, among others.
- Headquarter Hangzhou, China
- Founders Jun He
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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
$60 M (USD)
in 2 rounds
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Latest Funding Round
$50 M (USD), Series B
Sep 23, 2014
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Investors
Legend Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of Tongbanjie
Tongbanjie has successfully raised a total of $60M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in September 2014. 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 — $50.0M
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First Round
First Round
(11 Dec 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series B - Tongbanjie | Valuation | Legend Capital | |
| Dec, 2013 | Amount | Series A - Tongbanjie | Valuation | IDG Capital |
| 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 Tongbanjie
Tongbanjie has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Legend Capital, China Growth Capital and IDG Capital. 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 firm focused on multiple sectors
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Venture capital firm
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Founded Year | Domain | Location | |
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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 Tongbanjie
| 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 - Tongbanjie
| 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 |
Tongbanjie Comparisons
Competitors of Tongbanjie
Tongbanjie 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 MarketAxess Holdings, Zhuaqianmao, Ppmiao, Huoqiu and Liuhewang, 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.
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Provides a financial investment platform for users.
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Operates as an online platform for financial investments.
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Operates a platform for securitized debt investments.
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Provides a platform for individuals to invest in peer-to-peer loans securely and efficiently.
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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 Tongbanjie
When was Tongbanjie founded?
Tongbanjie was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Tongbanjie located?
Tongbanjie is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Tongbanjie?
Jun He is the current CEO of Tongbanjie. They have also founded this company.
Is Tongbanjie a funded company?
Tongbanjie is a funded company, having raised a total of $60M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 11, 2013.
Who are the top competitors of Tongbanjie?
Tongbanjie's top competitors include MarketAxess Holdings, Zhuaqianmao and Ppmiao.
Who are Tongbanjie's investors?
Tongbanjie has 3 investors. Key investors include Legend Capital, China Growth Capital, and IDG Capital.