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

ChinaGuangzhou

Website

ghyoho.com

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

Gonghui valuation by funding round
DateStageValuation
Jan 2019Series 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

Gonghui funding rounds
DateStageRaisedValuationDeal Summary
Mar 2020Series B$7M--
Jan 2019Series A$7M$750MGonghui, 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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Gonghui Competitors

Gonghui competitors include listed companies like Carriage Services and Angi, and private ones like Aijia Home Furnishing Products, Livspace, Housecall Pro and Honor.

Public and private companies comparable to Gonghui
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Aijia Home Furnishing ProductsChinaNanjingPrivate--$1B-
LivspaceIndiaBangalorePrivate$24M-$1B41.7x
Housecall ProUnited StatesDenver, COPrivate--$1.1B-
Carriage ServicesUnited StatesUnited StatesPublicly listed$417M$124M$491M2.4x
HonorUnited StatesBoston, MAPrivate--$1.3B-
AngiUnited StatesUnited StatesPublicly listed$1B$114M$215M0.4x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Carriage Services$417M$124M2.5x2.4x8.3x7.7x
Angi$1B$114M0.4x0.4x3.7x3.6x
HomeMaid$61M$7M1.1x0.9x8.9x8.6x
Grupa Klepsydra$15M$2M3.4x-22.7x-
K2 LT------

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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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