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 as of December 31, 2024. Ucommune has completed 5 acquisitions, including Fountown, Getnewspace.com and Wedo Mould.
- Headquarter Beijing, China
- Employees 127 as on 31 Dec, 2024
- Founders Daqing Mao
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ucommune International Ltd
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Annual Revenue
$24.26 M-55.85as on Dec 31, 2024
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Net Profit
$-9.01 M-1212.41as on Dec 31, 2024
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EBITDA
$-3.82 M-95.76as on Dec 31, 2024
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Total Equity Funding
$340.39 M (USD)
in 5 rounds
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Latest Funding Round
$53 M (USD), Series E
Aug 25, 2020
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Investors
Xingpai
& 7 more
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Employee Count
127
as on Dec 31, 2024
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Investments & Acquisitions
Fountown
& 4 more
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Acquired by
Orisunacquisitioncorp.com
(Jul 07, 2020)
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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.
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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 Total Funding
- Total Rounds 5
- Last Round Series E — $53.0M
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First Round
First Round
(01 Jan 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series E - Ucommune | Valuation |
investors |
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| Apr, 2019 | Amount | Series D - Ucommune | Valuation | Xingpai |
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| Nov, 2018 | Amount | Series D - Ucommune | Valuation | All-Stars Investment |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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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Founded Year | Domain | Location | |
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Tech focused VC investment company funding companies in China
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Founded Year | Domain | Location | |
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Investment banking services are provided by CEC Capital in China.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Ucommune
Ucommune has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Fountown, Getnewspace.com and Wedo Mould. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Office space construction is accelerated for businesses through innovative methods.
|
2016 | ||||
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Coworking spaces and events are provided for startups and businesses.
|
2015 | ||||
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Co-working spaces and conference rooms are provided in Chinese cities.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Ucommune
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Ucommune Comparisons
Competitors of Ucommune
| 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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Latest news on Ucommune
Frequently Asked Questions about Ucommune
When was Ucommune founded?
Ucommune was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Ucommune located?
Ucommune is headquartered in Beijing, China.
Who is the current CEO of Ucommune?
Daqing Mao is the current CEO of Ucommune. They have also founded this company.
Is Ucommune a funded 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 D of $200M, raised on Jan 01, 2017.
How many employees does Ucommune have?
As of Dec 31, 2024, the latest employee count at Ucommune is 127.
What is the annual revenue of Ucommune?
Annual revenue of Ucommune is $24.26M as on Dec 31, 2024.
What does Ucommune do?
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.
Is Ucommune publicly traded?
Yes, Ucommune is publicly traded on NASDAQ under the ticker symbol UK.
How many acquisitions has Ucommune made?
Ucommune has made 5 acquisitions, including Fountown, Getnewspace.com, and Wedo Mould.
Who are Ucommune's investors?
Ucommune has 8 investors. Key investors include Xingpai, Ningbo Bank, Nord Engine Capital, HTVC, and Jiuyou Fund.
What is Ucommune's ticker symbol?
The ticker symbol of Ucommune is UK on NASDAQ.