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- Gonghui
Gonghui Valuation, Funding & Investors
Gonghui is valued at $750M as of January 2019.
Last Gonghui valuation
$750M
Series A · Jan 2019
Last Gonghui funding round
$7M
Series B · Mar 2020
Cumulative funding Gonghui raised
$15M
across 2 funding rounds
Gonghui Overview
About Gonghui
Gonghui is a service provider in China's pan-home improvement sector. Its mobile app delivers one-stop decoration solutions combining industrial workers, auxiliary materials supply, and on-site management. The platform streamlines construction delivery for residential and commercial projects, connecting contractors with suppliers and overseeing project execution from planning to completion.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Commission
Valuation
$750M (Jan 2019)
Gonghui Valuation
Gonghui is currently valued at $750M, based on its Series A in January 2019.
Gonghui valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2019 | Series A | $750M |
Gonghui Funding History
Gonghui has raised a total of $15M across 2 funding rounds.
Gonghui's first fundraising round was a $7M Series A in January 2019. The most recent completed round was a $7M Series B in March 2020.
Gonghui funding rounds
| Date | Stage | Raised | Valuation | Deal Summary |
|---|---|---|---|---|
| Mar 2020 | Series B | $7M | - | - |
| Jan 2019 | Series A | $7M | $750M | Gonghui, operating as Gong, is an AI-based platform that provides sales teams with tools to improve productivity, increase forecasting accuracy, and accelerate revenue growth through understanding customer behavior and business trends. The company serves over 4,500 customers, including four of the world's ten largest companies across technology, telecom, financial services, media, and healthcare. In 2019, Gong raised funding at a post-money valuation of $750 million, marking a significant early milestone. This valuation jumped rapidly to $2.2 billion in 2020 and reached $7.25 billion in its last official primary round. To date, Gong has raised approximately $584 million in total funding. Gong, founded in 2015 and headquartered in Palo Alto, CA, employs around 1,074 people and continues to grow in the AI-driven revenue intelligence market. |
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Start Free TrialGonghui Competitors
Gonghui competitors include listed companies like Carriage Services and Angi, and private ones like Aijia Home Furnishing Products, Livspace, Housecall Pro and Honor.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | $24M | - | $1B | 41.7x | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $417M | $124M | $491M | 2.4x | ||
| Private | - | - | $1.3B | - | ||
| Publicly listed | $1B | $114M | $215M | 0.4x |
Gonghui Public Comps
Gonghui is still privately-owned, but its public comps include Carriage Services, Angi, HomeMaid, Grupa Klepsydra, K2 LT, Service Corporation International and Rollins.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $417M | $124M | 2.5x | 2.4x | 8.3x | 7.7x | |||
| $1B | $114M | 0.4x | 0.4x | 3.7x | 3.6x | |||
| $61M | $7M | 1.1x | 0.9x | 8.9x | 8.6x | |||
| $15M | $2M | 3.4x | - | 22.7x | - | |||
| - | - | - | - | - | - | |||
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Common questions about Gonghui
| When was Gonghui founded? | Gonghui was founded in 2018. |
| Where is Gonghui headquartered? | Gonghui is headquartered in Guangzhou, China. |
| Is Gonghui publicly listed? | No, Gonghui is a private company. |
| What is Gonghui's valuation? | Gonghui was last valued at $750M in its Series A in January 2019. |
| How much funding has Gonghui raised? | Gonghui has raised $15M across 2 funding rounds. |
| What was Gonghui's last funding round? | Gonghui's last funding round was a $7M Series B in March 2020. |
| Which companies are comparable to Gonghui? | Companies comparable to Gonghui include Aijia Home Furnishing Products, Livspace, Housecall Pro, Carriage Services, Honor and Angi. |
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