Ehsy Funding, Investors & Competitors

Ehsy has raised $125M across 4 funding rounds, most recently a $100M Series D in December 2017.

See full Ehsy profile

Last Ehsy funding round

$100M

Series D · Dec 2017

Cumulative funding Ehsy raised

$125M

across 4 funding rounds

Key investors in Ehsy

  • IDG Capital
  • QC Investment
  • Fortune Venture Capital
  • Fortune Link
  • CICC Alpha
  • Haitong-Fortis Private Equity Fund Management
  • Kylin Capital
  • CICC Xicheng

Ehsy Overview

About Ehsy

Ehsy is a Shanghai-based e-commerce platform for MRO procurement. It digitizes supply chains for indirect materials, serving state-owned enterprises and global firms. The platform connects suppliers for tools, safety gear, and office supplies with logistics integration. Launched in 2015, Ehsy operates warehouses in 20 Chinese cities.


Founded

2002

HQ

ChinaShanghai

Website

ehsy.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Ehsy Funding History

Ehsy has raised a total of $125M across 4 funding rounds.

Ehsy's first fundraising round was a $2M Series A in March 2014. The most recent completed round was a $100M Series D in December 2017.

Ehsy funding rounds

Ehsy funding rounds
DateStageInvestorsRaised
Dec 2017Series DCICC Alpha (lead); CICC Xicheng$100M
Nov 2015Series CHaitong-Fortis Private Equity Fund Management; IDG Capital; Jiang Wei Guquan Touzi (Shanghai) Co., Ltd.; QC Investment; Fortune Link; Kylin Capital$20M
Feb 2015Series BIDG Capital; QC Investment$3M
Mar 2014Series AFortune Venture Capital$2M

Who has invested in Ehsy?

9 investors have backed Ehsy across its funding rounds, including IDG Capital, QC Investment, Fortune Venture Capital, Fortune Link, CICC Alpha and Haitong-Fortis Private Equity Fund Management.

Lead investors include CICC Alpha.


Ehsy Investors

Investors in Ehsy by funding rounds participated
InvestorHQRoundsRoleFirst check
IDG CapitalChinaBeijing2ParticipantFeb 2015
QC InvestmentChinaShanghai2ParticipantFeb 2015
Haitong-Fortis Private Equity Fund ManagementChinaShanghai1ParticipantNov 2015
CICC XichengChinaBeijing1ParticipantDec 2017
CICC AlphaChinaBeijing1LeadDec 2017
Jiang Wei Guquan Touzi (Shanghai) Co., Ltd.ChinaShanghai1ParticipantNov 2015
Fortune Venture CapitalChinaShenzhen1ParticipantMar 2014

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Ehsy Competitors

Ehsy competitors include listed companies like Alibaba Group and Beijing United, and private ones like GrubMarket, CADDi, Jumbotail and Bizongo.

Public and private companies comparable to Ehsy
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GrubMarketUnited StatesSan Francisco, CAPrivate--$3.5B-
CADDiJapanTokyoPrivate--$1.1B-
JumbotailIndiaBangalorePrivate$88M-$1B11.4x
BizongoIndiaMumbaiPrivate$18M-$980M-
Alibaba GroupChinaChinaPublicly listed$153B$15B$266B1.6x
Beijing UnitedChinaChinaPublicly listed$7.6B$373M$2.2B0.2x

Ehsy Public Comps

Ehsy is still privately-owned, but its public comps include Alibaba Group, Carvana, Shein, JD Health, Wayfair, Lenskart, Chewy, Zozo, Global-e and MonotaRO.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Carvana$20B($110M)3.7x2.9x(691.4x)27.7x
Shein$42B$2.3B0.2x-3.5x-
JD Health$11B$713M0.6x0.6x9.8x8.6x
Wayfair$12B$120M1.3x1.2x136.4x19.8x
Lenskart$916M$189M13.3x11.6x64.8x55.5x
Chewy$13B$377M0.7x0.7x23.6x10.6x
Zozo$1.5B$490M4.4x4.3x13.0x12.5x

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Common questions about Ehsy

When was Ehsy founded?Ehsy was founded in 2002.
Where is Ehsy headquartered?Ehsy is headquartered in Shanghai, China.
Is Ehsy publicly listed?No, Ehsy is a private, VC-backed company.
How much funding has Ehsy raised?Ehsy has raised $125M across 4 funding rounds.
What was Ehsy's last funding round?Ehsy's last funding round was a $100M Series D in December 2017, led by CICC Alpha.
Who are Ehsy's investors?Ehsy's investors include IDG Capital, QC Investment, Haitong-Fortis Private Equity Fund Management, CICC Xicheng, CICC Alpha, Jiang Wei Guquan Touzi (Shanghai) Co., Ltd., Fortune Venture Capital, Fortune Link and Kylin Capital.
Which companies are comparable to Ehsy?Companies comparable to Ehsy include GrubMarket, CADDi, Jumbotail, Bizongo, Alibaba Group and Beijing United.

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