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- Baifendian
Baifendian Funding, Investors & Competitors
Baifendian has raised $170M across 4 funding rounds, most recently a $72M Series E in November 2018.
Last Baifendian funding round
$72M
Series E · Nov 2018
Cumulative funding Baifendian raised
$170M
across 4 funding rounds
Key investors in Baifendian
IDG Capital
Haitong Leading Capital Management
Everbright Securities
Silk Road Huachuang
Guoxin Central Enterprises Operating Fund Management Co.
About Baifendian
Baifendian is a Beijing-based big data and analytics technology company founded in 2009. It develops data platforms and software for e-commerce, financial services, and other enterprise clients, including a big data operating system, tag management systems, and analytics and marketing applications that help customers build and use their own big data infrastructure. The company has been recognized among China's top fintech companies for its role serving internet companies and financial institutions with SaaS-based data tools.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Baifendian Funding History
Baifendian has raised a total of $170M across 4 funding rounds.
Baifendian's first fundraising round was a $10M Series B in July 2013. The most recent completed round was a $72M Series E in November 2018.
Baifendian funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2018 | Series E | Guoxin Central Enterprises Operating Fund Management Co. (lead); Haitong Leading Capital Management; Silk Road Huachuang | $72M | - |
| Sep 2015 | Series D | Everbright Securities (lead); IDG Capital | $63M | Baifendian Corporation is a Beijing-based big data technology developer and service provider. In September 2015, the company completed a Series D funding round led by Everbright Securities, raising RMB400 million (approximately US$63 million). IDG Capital participated in the round alongside Everbright Securities as investors. |
| Jul 2014 | Series C | - | $25M | Baifendian is a Beijing-based big data and recommendation technology company founded in 2009 that develops data platforms and analytics services for e-commerce, financial services, and other enterprise clients. The company's product suite includes a big data operating system, tag management systems, and analytics and marketing applications that help customers build big data platforms and leverage SaaS technologies. In July 2014, Baifendian raised $25 million in Series C funding from undisclosed sources, having previously accumulated approximately $27.2 million across earlier rounds (including at least $17.2 million before Series C and $10 million in Series B funding from East Sky Investment and IDG Capital Partners in 2013). The company's investor base includes Zhejiang Shinkansen Media Investment, IDG Capital Partners, and Mingxin China Growth Fund. By 2016, Baifendian was recognized as one of China's top 50 fintech companies by KPMG, reflecting its position in the broader big data and financial technology ecosystem serving Internet companies and financial institutions. |
| Jul 2013 | Series B | IDG Capital (lead) | $10M | Baifendian Information Technology Co., founded in 2009, specializes in big data management and applications for personalized recommendations. The company raised $10 million in a Series B round from IDG Capital and East Sky Investments, bringing total funding to $17.2 million after a $7.2 million Series A in July 2011 from IDG Capital and Mingxin China Growth Fund. Funds will support research and development of new technologies and products, as well as expansion of server infrastructure. Baifendian serves internet companies, financial institutions, and other entities with big data platforms using SaaS technologies, offering products like big data operating systems, tag management, and analytics services. |
Who has invested in Baifendian?
5 investors have backed Baifendian across its funding rounds, including IDG Capital, Haitong Leading Capital Management, Everbright Securities, Silk Road Huachuang and Guoxin Central Enterprises Operating Fund Management Co..
Lead investors include Guoxin Central Enterprises Operating Fund Management Co., Everbright Securities and IDG Capital.
Baifendian Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jul 2013 | ||
| 1 | Participant | Nov 2018 | ||
| 1 | Participant | Nov 2018 | ||
This data is available for Pro users. Sign up to see all 5 Baifendian investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Baifendian
Baifendian has acquired 1 company to date.
Last acquisition by Baifendian was on December 29th 2017. Baifendian acquired InsightWorks for undisclosed valuation.
Latest Acquisitions by Baifendian
| Description | InsightWorks is a Beijing-based provider of consumer insights solutions combining big data and online surveys. The company maintains a panel of over three million consumers and has served more than 100,000 clients including Tencent, Unilever, L'Oréal, Starbucks, Pepsi, Midea, SF Express, Ipsos, GfK, Rakuten, and Shell. Its real-time analytics platform supports market research across China and international markets with advanced segmentation. |
| HQ Country | |
| HQ City | Beijing |
| Deal Date | 29 Dec 2017 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Baifendian acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Baifendian
Baifendian has invested in 1 company to date.
Latest investment by Baifendian was on February 26th 2018. Baifendian invested in 1-Dimension Innovate in their $2M Series A round.
Latest Investments by Baifendian
| Description | 1-Dimension Innovate is an AI firm developing automatic speech recognition engines for voice applications in Asia. Taipei-based since 2016, it powers Mandarin and dialects in smart devices, call centers, and transcription services, licensed to Huawei and local banks for real-time accuracy above 95%. |
| HQ Country | |
| HQ City | - |
| Deal Date | 26 Feb 2018 |
| Round | Series A |
| Raised | $2M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Baifendian investments and their VC round multiples. Start Free Trial | |
Baifendian Competitors
Baifendian competitors include listed companies like SenseTime Group, Presight AI, ServiceNow and Datadog, and private ones like Anthropic and OpenAI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $748M | ($70M) | $6.2B | 5.8x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x | ||
| Publicly listed | $13B | $2.6B | $143B | 9.6x | ||
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x |
Baifendian Public Comps
Baifendian is still privately-owned, but its public comps include Palantir, CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Datadog, Moody's and RELX.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
This data is available for Pro users. Sign up to see all Baifendian competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Baifendian
| When was Baifendian founded? | Baifendian was founded in 2009. |
| Where is Baifendian headquartered? | Baifendian is headquartered in Beijing, China. |
| Is Baifendian publicly listed? | No, Baifendian is a private, VC-backed company. |
| How much funding has Baifendian raised? | Baifendian has raised $170M across 4 funding rounds. |
| What was Baifendian's last funding round? | Baifendian's last funding round was a $72M Series E in November 2018, led by Guoxin Central Enterprises Operating Fund Management Co.. |
| Who are Baifendian's investors? | Baifendian's investors include IDG Capital, Haitong Leading Capital Management, Silk Road Huachuang, Guoxin Central Enterprises Operating Fund Management Co. and Everbright Securities. |
| Which companies are comparable to Baifendian? | Companies comparable to Baifendian include SenseTime Group, Presight AI, ServiceNow, Datadog, Anthropic and OpenAI. |
| How many companies has Baifendian acquired? | Baifendian has acquired 1 company, including InsightWorks. |
| How many companies has Baifendian invested in? | Baifendian has invested in 1 company, including 1-Dimension Innovate. |
| What was Baifendian's last investment? | In February 2018, Baifendian invested in 1-Dimension Innovate's $2M Series A. |
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