About Zhaogang
Zhaogang is a company based in Shanghai (China) founded in 2012. It operates as a Two-Sided Marketplace, and Subscription Services. Zhaogang has raised $393.8 million across 7 funding rounds from investors including China Renaissance Group, Shougang Group and Zhongtai Securities. Zhaogang offers products and services including Steel Trading Platform, Fat Cat Logistics, and Fat Cat Cloud. Zhaogang operates in a competitive market with competitors including Ouyeel, Shanghai Metals Market, Dahan e-commerce, Prcsteel and Itaobuxiu, among others.
- Headquarter Shanghai, China
- Stage Unicorn
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Sectors
Industrial Goods & ManufacturingRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zhaogang Group
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$393.8 M (USD)
in 7 rounds
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Latest Funding Round
$73.66 M (USD), Series F
Jul 04, 2017
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Investors
China Renaissance Group
& 12 more
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Employee Count
Employee Count
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Products & Services of Zhaogang
Zhaogang offers a comprehensive portfolio of products and services, including Steel Trading Platform, Fat Cat Logistics, and Fat Cat Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Steel products are traded through an online platform.
Logistics services are provided for steel product delivery.
Cloud solutions are offered for steel industry management.
Funding Insights of Zhaogang
Zhaogang has successfully raised a total of $393.8M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $73.66 million completed in July 2017. 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 7
- Last Round Series F — $73.7M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series F - Zhaogang | Valuation |
investors |
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| Jun, 2017 | Amount | Series F - Zhaogang | Valuation | Shougang Group | |
| Jan, 2016 | Amount | Series E - Zhaogang | 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 Zhaogang
Zhaogang has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include China Renaissance Group, Shougang Group and Zhongtai Securities. 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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M&A advisory, asset management firm, and private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Sovereign wealth fund backed by Russian goverment and private equity firm focused on growth equities
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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 Zhaogang
| 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 - Zhaogang
| 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 |
Zhaogang Comparisons
Competitors of Zhaogang
Zhaogang 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 Ouyeel, Shanghai Metals Market, Dahan e-commerce, Prcsteel and Itaobuxiu, 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 |
Online steel trading and supply chain services are provided.
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| domain | founded_year | HQ Location |
Online B2B trading platform for metals
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| domain | founded_year | HQ Location |
B2B steel products are traded via an online marketplace platform.
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| domain | founded_year | HQ Location |
Operates an online B2B trading marketplace for steel products.
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| domain | founded_year | HQ Location |
Steel products are traded via B2B platform through quote exchanges.
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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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Latest news on Zhaogang
Frequently Asked Questions about Zhaogang
When was Zhaogang founded?
Zhaogang was founded in 2012.
Where is Zhaogang located?
Zhaogang is headquartered in Shanghai, China.
Is Zhaogang a funded company?
Zhaogang is a funded company, having raised a total of $393.8M across 7 funding rounds to date. The company's 1st funding round was a Series E of $153M, raised on Jun 01, 2012.
What does Zhaogang do?
Zhaogang is established as a comprehensive steel industry e-commerce platform in China. Operations are focused on facilitating large-scale steel transactions across various regions. Diverse steel products, including rebar, hot-rolled coils, and medium plates, are traded. Logistics and cloud-based solutions are provided through services like Fat Cat Logistics and Fat Cat Cloud. The platform serves a wide range of clients, covering multiple sectors within the steel supply chain. Nationwide coverage is ensured through multiple regional offices and warehouses. Flexible trading options, including spot and pre-sale transactions, are supported to meet varied customer needs.
Who are the top competitors of Zhaogang?
Zhaogang's top competitors include Ouyeel, Shanghai Metals Market and Itaobuxiu.
What products or services does Zhaogang offer?
Zhaogang offers Steel Trading Platform, Fat Cat Logistics, and Fat Cat Cloud.
Who are Zhaogang's investors?
Zhaogang has 13 investors. Key investors include China Renaissance Group, Shougang Group, Zhongtai Securities, Guangzhou Ant Relocation Logistics, and Invest in Russia.
What is Zhaogang's valuation?
The valuation of Zhaogang is $1B as of Jun 2017.