- Companies
- Fadada.com
Fadada.com Funding, Investors & Competitors
Fadada.com has raised $223M across 5 funding rounds, most recently a $138M Series D in March 2021.
Last Fadada.com funding round
$138M
Series D · Mar 2021
Cumulative funding Fadada.com raised
$223M
across 5 funding rounds
Key investors in Fadada.com
Tencent
Vision Plus Capital
Bojiang Capital
Tiger Global
Ares Management
Albatross Venture
ZWC Partners
Centurium Capital
About Fadada.com
Fadada.com is a Beijing-headquartered provider of electronic signature and contract management services leveraging legal digital signatures. Launched in 2013, the platform serves enterprises, governments, and individuals for online document signing, approval workflows, and archival. It integrates with enterprise systems for secure, compliant transactions in sectors like finance, real estate, and e-commerce across China.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Fadada.com Funding History
Fadada.com has raised a total of $223M across 5 funding rounds, plus 1 secondary share sale.
Fadada.com's first fundraising round was a $2M Series A in September 2015. The most recent completed round was a $138M Series D in March 2021.
Fadada.com funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2021 | Secondary | Victor Koch | $1M | - |
| Mar 2021 | Series D | Tencent (lead); ZWC Partners; Centurium Capital | $138M | Fadada.com is a leading Chinese provider of e-signature and cloud contract services, offering SaaS products, open API solutions for ERP integration, and hybrid cloud options for electronic contracts and process management. Founded in 2014 by CEO Xiang Huang, the company focuses on technology and product innovation in e-signature applications across industries like finance, real estate, automotive, HR, and education. It has partnerships with major platforms including Microsoft, SAP, Oracle, Kingdee, Yonyou Software, Mingyuan Cloud, Tencent WeChat Mini-apps, Enterprise WeChat, and Tencent Qidian. On March 11, 2021, Fadada completed a Series D financing round raising RMB 900 million (approximately USD 139 million) from Tencent, Centurium Capital, and ZWC Partners, with Tencent participating as a key investor. The funds are intended to expand market penetration, advance cutting-edge technologies, hire talent, and build customer-focused R&D, sales, and service systems. This follows a prior C round led by Tencent and Tiger Global yielding CNY 398 million (USD 57.9 million), with additional participation from Ares Management and Vision Plus Capital. Previous investors include Ali Venture Capital and Ant Financial via limited partnerships. Fadada demonstrates strong market traction with nearly 2,000 large- and mid-sized paying corporate users and 130 million total users who have signed over 1.2 billion e-contracts across 80 sub-sectors. The COVID-19 pandemic accelerated adoption, with daily new user registrations averaging eight times higher than the same period in 2019 and peaking at nearly 20 times year-over-year. The company competes with rivals like Tsign, BestSign, and Yunsign in China's growing electronic signature market, which saw significant financing activity in prior years. |
| Mar 2019 | Series C | Tencent (lead); Tiger Global (lead); Vision Plus Capital; Ares Management | $58M | Fadada.com, founded in 2014 and based in Shenzhen, China, is a leading third-party electronic contract platform providing software-as-a-service for electronic signatures, contract management, document signing, and deposit certificates. It serves enterprises and individuals in sectors like internet finance, O2O e-commerce, finance, real estate, automotive, human resources, education, and insurance. On March 6, 2019, Fadada completed its Series C funding round, raising RMB 398 million (approximately USD 57.9-59.26 million), co-led by Tencent and Tiger Global, with participation from Ares Management (Rui Sheng Investment) and Vision Plus Capital (Yuan Jing Capital). Previous investors include Ali Venture Capital and Ant Financial Services Group via limited partnerships. The company had nearly 2,000 large- and mid-sized paying corporate users, with 130 million users having signed over 1.2 billion e-contracts across around 80 sub-sectors. It partnered with major platforms like Microsoft, SAP, Oracle, Kingdee, Yonyou Software, and Mingyuan Cloud. Funds were allocated to increase market penetration, develop cutting-edge technologies, hire talent, and build customer-focused R&D, sales, and service systems. Tencent emphasized industrial internet upgrades and enterprise efficiency, while Tiger Global highlighted Fadada's product innovation, ecological layout, and ToB expertise in the growing electronic contract market. Fadada operates in a competitive landscape with rivals like Tsign, BestSign, and Yunsign; the sector saw significant financing activity, with 10 platforms raising over CNY 200 million across 12 rounds in 2016 alone. Total funding across five rounds reached about $208.54 million by later reports. |
| Jun 2018 | Series B | Vision Plus Capital (lead); Harmony Investments; Bojiang Capital | $16M | - |
| Jan 2017 | Series B | Peeli Ventures (lead); HMC Ventures; Yi Fang Group; Bojiang Capital; Encore Capital | $9M | - |
| Sep 2015 | Series A | Albatross Venture; Shanghai Fuli Investment Management | $2M | - |
Who has invested in Fadada.com?
15 investors have backed Fadada.com across its funding rounds, including Tencent, Vision Plus Capital, Bojiang Capital, Tiger Global, Ares Management and Albatross Venture.
Lead investors include Tencent, Tiger Global, Vision Plus Capital and Peeli Ventures.
Fadada.com Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2019 | ||
| 2 | Lead | Jun 2018 | ||
| 2 | Participant | Jan 2017 | ||
| 1 | Participant | Jun 2018 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jan 2017 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Lead | Jan 2017 | ||
| 1 | Participant | Sep 2015 | ||
| 1 | Participant | Sep 2015 | ||
| 1 | Participant | Jan 2017 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Lead | Mar 2019 | ||
This data is available for Pro users. Sign up to see all 15 Fadada.com 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 TrialFadada.com Competitors
Fadada.com competitors include listed companies like Intapp, Constellation Software, SS&C Technologies and Topicus, and private ones like Ant Group and Rippling.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $578M | ($16M) | $2.8B | 4.5x | ||
| Publicly listed | $12B | $2.5B | $43B | 3.5x | ||
| Publicly listed | $6.3B | $2.1B | $19B | 3.9x | ||
| Publicly listed | $1.8B | $393M | $5.4B | 3.0x | ||
| Private | $25B | - | $79B | 3.2x | ||
| Private | $570M | - | $17B | 29.5x |
Fadada.com Public Comps
Fadada.com is still privately-owned, but its public comps include S&P Global, Moody's, Constellation Software, Fiserv, Verisk Analytics, HiThink, Fair Isaac, SS&C Technologies, Fidelity Information Services and Broadridge.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $15B | $7.7B | 8.9x | 9.1x | 17.6x | 17.3x | |||
| $7.7B | $3.8B | 11.2x | 10.6x | 22.5x | 20.1x | |||
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $21B | $8.9B | 2.5x | 2.8x | 6.1x | 6.4x | |||
| $3.1B | $1.7B | 8.8x | 8.5x | 16.2x | 15.1x | |||
| $899M | $530M | 23.0x | 18.9x | 39.1x | 31.2x | |||
| $2B | $951M | 13.2x | 10.4x | 27.6x | 17.1x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
This data is available for Pro users. Sign up to see all Fadada.com competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Fadada.com
| When was Fadada.com founded? | Fadada.com was founded in 2014. |
| Where is Fadada.com headquartered? | Fadada.com is headquartered in Shenzhen, China. |
| Is Fadada.com publicly listed? | No, Fadada.com is a private, VC-backed company. |
| How much funding has Fadada.com raised? | Fadada.com has raised $223M across 5 funding rounds. |
| What was Fadada.com's last funding round? | Fadada.com's last funding round was a $138M Series D in March 2021, led by Tencent. |
| Who are Fadada.com's investors? | Fadada.com's investors include Tencent, Vision Plus Capital, Bojiang Capital, Harmony Investments, Victor Koch, HMC Ventures, ZWC Partners, Peeli Ventures, Albatross Venture, Shanghai Fuli Investment Management and 5 others. |
| Which companies are comparable to Fadada.com? | Companies comparable to Fadada.com include Intapp, Constellation Software, SS&C Technologies, Topicus, Ant Group and Rippling. |
See companies similar to Fadada.com
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




