Ucommune

Beijing, China Founded: 2015 • Age: 11 yrs Listed Acquired By Orisunacquisitioncorp.com
Community-oriented co-working spaces are operated in China.

About Ucommune

Ucommune is a company based in Beijing (China) founded in 2015 by Daqing Mao was acquired by Orisunacquisitioncorp.com in July 2020. Ucommune has raised $340.39 million across 5 funding rounds from investors including Xingpai, Ningbo Bank and Nord Engine Capital. The company has 127 employees. Ucommune has completed 5 acquisitions, including Fountown, Getnewspace.com and Wedo Mould.

  • Headquarter Beijing, China
  • Employees 127
  • Founders Daqing Mao
  • Stage Public
  • Sectors
    Business Services
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ucommune.com
  • Social LinkedIn X
  • Acquired by Orisunacquisitioncorp.com (Jul 2020)
Key Metrics
  • Annual Revenue
    $3.63 M (USD)
    -66.13
    as on Dec 31, 2025
  • Net Profit
    -$5.26 M (USD)
    45.51
    as on Dec 31, 2025
  • EBITDA
    -$3.83 M (USD)
    -25.9
    as on Dec 31, 2025
  • Total Equity Funding
    $340.39M (USD)

    in 5 rounds

  • Latest Funding Round
    $53M (USD), Series E

    Aug 2020

  • Investors
    Xingpai

    & 7 more

  • Employee Count
    127
  • Investments & Acquisitions
    Fountown

    & 4 more

  • Acquired by

Funding Insights of Ucommune

Ucommune has successfully raised a total of $340.39M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $53 million completed in August 2020. 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 $340.39M
  • Total Rounds 5
  • Last Round Series E β€” $53M
  • First Round $57.59M

    (Jan 2017)

  • Investors Count 7

All 5 funding rounds of Ucommune with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$53MSeries E––
–
Apr 2019$29.8MSeries D–Xingpai
–
Nov 2018$200MSeries D–All-Stars Investment
Aug 2018–Series C––
–
Jan 2017$57.59MSeries B–nbcb, Nord Engine Capital
–
Valuation history

8 investors in total: 8 institutional.

Investors in Ucommune

Ucommune has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Xingpai, Ningbo Bank and Nord Engine Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–nordenginecapital.co.uk-
Tech focused VC investment company funding companies in China
–allstarinvestments.comHong Kong, China
Investment banking services are provided by CEC Capital in China.
–ceccapitalgroup.comBeijing, China
-
–xingpai.com-
Ningbo Bank is recognized as a regional commercial bank in China.
–nbcb.cnNingbo, China
HTVC is operated as a cable television and internet service provider in Vietnam.
–htvc.vnHo Chi Minh City, Vietnam
Jiuyou Fund is engaged in investment management and financial services.
–jiuyoufund.comShanghai, China
-
–orisunacquisitioncorp.com-
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Investor details for Ucommune

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People of Ucommune

3 people are tracked at Ucommune (3 in leadership); the tracked headcount is 127.

NameRoleGroup
Daqing Mao
Founder & CEOLeadership
Xin Guan
Chief Executive OfficerLeadership
En Xi Liu
General ManagerLeadership
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IPO & Listings of Ucommune

Ucommune is a publicly listed company on the NASDAQ with ticker symbol UK in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Nov 2019
  • Listed onNASDAQ: UK
  • Listed entityUcommune International Ltd
  • Exchange sectorFinance

Investments & Acquisitions by Ucommune

Ucommune has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Fountown, Getnewspace.com and Wedo Mould.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Coworking spaces and events are provided for startups and businesses.
ftown.comShanghai, China2015Oct 2018β€’β€’β€’β€’
Office space construction is accelerated for businesses through innovative methods.
workingdom.comShanghai, China2016Jul 2018$45M
Precision molds are manufactured and customized for clients.
wedomould.comShenzhen, China2010Mar 2018β€’β€’β€’β€’
Co-working spaces and conference rooms are provided in Chinese cities.
wujiespace.comBeijing, China2015Mar 2018β€’β€’β€’β€’
Advertising services are provided by Getnewspace.com to clients.
getnewspace.com–0Jan 2018β€’β€’β€’β€’
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Timeline of Ucommune

10 dated milestones of Ucommune across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ucommune is founded.
  2. Funding First funding round of $57.6M.
  3. Acquisition Acquires Getnewspace.com.
  4. Acquisition Acquires Wujie Space.
  5. Acquisition Acquires Wedo Mould.
  6. Acquisition Acquires WorkingDom.
  7. Acquisition Acquires Fountown.
  8. IPO Lists on the stock exchange (IPO).
  9. Exit Acquired by Orisunacquisitioncorp.com.
  10. Funding Latest funding round, Series E, of $53.0M.

Latest news on Ucommune

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Similar companies to Ucommune

10 companies that operate in the same segment as Ucommune (Deskless & Field Workforce Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IT outsourcing specialist
1987Dallas, Texas, United States–USD 27.99 M1,088
Engineering, site development, and field services for infrastructure are provided.
2000Tulsa, Oklahoma, United StatesUSD 19.6 M––
Engineering and management services for rail infrastructure projects are provided.
2000Orange, California, United States––726
Investor relations and corporate communications services are provided to companies.
1996Royal Tunbridge Wells, Kent, United Kingdom–USD 7.93 M–
Provider of mechanical instrumentation & electrical turnkey project services, operation & maintenance
1989Thane, Maharashtra, India–USD 27.07 M3,018
Provider of offshore metocean measurement, numerical modelling, and survey scoping & management services
2003Heathfield, East Sussex, United Kingdom––19
Maintenance solutions provider offering heavy equipment maintenance services, equipment repair, and diagnostics to the mining, rail, and other indu...
2005Perth, Western Australia, Australia–USD 688.71 M3,900
Rental uniforms and workplace supplies are provided to various industries.
2003Roswell, United States–USD 2.73 B19,600
Business communication management services are provided for telecom expense analysis.
1989Greenville, United States–––
Field force management services are provided to optimize operations.
2015Santiago, Region Metropolitana De Santiago, Chile–––
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Frequently Asked Questions about Ucommune

Ucommune was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Ucommune is headquartered in Beijing, China.

Daqing Mao is the current CEO of Ucommune. They have also founded this company.

Ucommune is a funded company, having raised a total of $340.39M across 5 funding rounds to date. The company's 1st funding round was a Series B of $57.59M, raised on Jan 2017.

Ucommune has 127 employees.

Annual revenue of Ucommune is $3.63M as on Dec 31, 2025.

Ucommune was founded in 2015 and is headquartered in Beijing, China. Shared office spaces are provided to enterprises, emphasizing community integration and essential elements for operations. Services include legal consultations via a three-person support line and direct investment channels. The focus is placed on reducing non-core administrative burdens for entrepreneurs through these communal facilities, with activities centered in urban Chinese locations.

Yes, Ucommune is publicly traded on NASDAQ under the ticker symbol UK.

Ucommune has made 5 acquisitions, including Fountown, Getnewspace.com, and Wedo Mould.

Ucommune has 8 investors. Key investors include Xingpai, Ningbo Bank, Nord Engine Capital, HTVC, and Jiuyou Fund.

Yes. Ucommune was acquired by Orisunacquisitioncorp.com in July 2020.

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