eBroker Funding, Investors & Competitors

eBroker has raised $101M across 2 funding rounds, most recently a $100M Series C in July 2018.

Last eBroker funding round

$100M

Series C · Jul 2018

Cumulative funding eBroker raised

$101M

across 2 funding rounds

Key investors in eBroker

  • K2VC
  • Matrix Partners China
  • Lightspeed China Partners
  • Sky9 Capital

eBroker Overview

About eBroker

eBroker is a Shenzhen-based online platform for overseas asset allocation and financial intermediation. Operating as an e-proxy service, it connects high-net-worth individuals with international investments in real estate, equities, and funds through a crowdsourced agent network. The platform serves over 100,000 financial advisors and has backing from investors like Xianfeng Group and Lippo Group. Launched in 2016, eBroker facilitates cross-border transactions compliant with Chinese regulations.


Founded

2015

HQ

ChinaShanghai

Website

edaili.com

Status

Privately held

Customer focus

B2C

Revenue model

Commission

eBroker Funding History

eBroker has raised a total of $101M across 2 funding rounds.

eBroker's first fundraising round was a $1M angel round in November 2015. The most recent completed round was a $100M Series C in July 2018.

eBroker funding rounds

eBroker funding rounds
DateStageInvestorsRaised
Jul 2018Series CMatrix Partners China (lead); Lightspeed China Partners; Sky9 Capital; K2VC$100M
Nov 2015AngelK2VC (lead)$1M

Who has invested in eBroker?

4 investors have backed eBroker across its funding rounds, including K2VC, Matrix Partners China, Lightspeed China Partners and Sky9 Capital.

Lead investors include Matrix Partners China and K2VC.


eBroker Investors

Investors in eBroker by funding rounds participated
InvestorHQRoundsRoleFirst check
K2VCChinaBeijing2LeadNov 2015
Lightspeed China PartnersChinaShanghai1ParticipantJul 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments by eBroker

eBroker has invested in 1 company to date.

Latest investment by eBroker was on August 14th 2019. eBroker invested in Junxin Wealth in their $1M Series A round.


Latest Investments by eBroker

Junxin Wealth
Description
Junxin Wealth is a wealth management platform targeting high-net-worth clients with services in wealth management, asset allocation, family heritage planning, and premium lifestyle offerings. It maintains branches in Beijing, Shanghai, Xi'an, Chongqing, and Lanzhou, accessible via junxinwealth.com.
HQ CountryChina
HQ City
Beijing
Deal Date14 Aug 2019
RoundSeries A
Raised$1M
Investors-
Valuationundisclosed
EV/Revenue
EV/EBITDA

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eBroker Competitors

eBroker competitors include listed companies like Copart and RB Global, and private ones like Faire, OfBusiness, Zetwerk and Inxeption.

Public and private companies comparable to eBroker
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CopartUnited StatesUnited StatesPublicly listed$4.6B$1.9B$27B4.9x
RB GlobalUnited StatesUnited StatesPublicly listed$4.6B$1.4B$16B4.1x
FaireUnited StatesSan Francisco, CAPrivate$500M-$5.2B10.4x
OfBusinessIndiaGurgaonPrivate$2.1B-$4B1.9x
ZetwerkIndiaBangalorePrivate$102M$20M$3.1B-
InxeptionUnited StatesUnited StatesPrivate$300M-$3B10.0x

eBroker Public Comps

eBroker is still privately-owned, but its public comps include Recruit Holdings, Uber, Booking Holdings, Airbnb, Prosus, DoorDash, Generali, Carvana, Meituan and Banco BTG Pactual.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
Prosus$9.7B$1.1B9.1x8.0x83.8x123.7x
DoorDash$14B$1.5B6.0x4.9x55.8x23.7x
Generali$85B$7.7B1.4x1.0x16.0x12.7x
Carvana$20B($110M)3.7x2.9x(691.4x)27.7x

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Common questions about eBroker

When was eBroker founded?eBroker was founded in 2015.
Where is eBroker headquartered?eBroker is headquartered in Shanghai, China.
Is eBroker publicly listed?No, eBroker is a private, VC-backed company.
How much funding has eBroker raised?eBroker has raised $101M across 2 funding rounds.
What was eBroker's last funding round?eBroker's last funding round was a $100M Series C in July 2018, led by Matrix Partners China.
Who are eBroker's investors?eBroker's investors include K2VC, Lightspeed China Partners, Matrix Partners China and Sky9 Capital.
Which companies are comparable to eBroker?Companies comparable to eBroker include Copart, RB Global, Faire, OfBusiness, Zetwerk and Inxeption.
How many companies has eBroker invested in?eBroker has invested in 1 company, including Junxin Wealth.
What was eBroker's last investment?In August 2019, eBroker invested in Junxin Wealth's $1M Series A.

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