Good Work Products Funding, Investors & Competitors

Good Work Products has raised $125M across 2 funding rounds, most recently a $110M Series A in July 2018.

Last Good Work Products funding round

$110M

Series A · Jul 2018

Cumulative funding Good Work Products raised

$125M

across 2 funding rounds

Key investors in Good Work Products

  • Eastern Bell Capital
  • DHVC

Good Work Products Overview

About Good Work Products

Good Work Products is a Hangzhou-based platform digitizing China's industrial supply chain from raw materials to retail. It operates a SaaS system encompassing product libraries, quality inspections, warehousing, and nationwide distribution networks for parts like fasteners and machinery components. Integrating factories and traders, the service tracks lifecycle visuals via blockchain for transparency. Launched in 2018, it connects over 10,000 suppliers across provinces, facilitating B2B trading on its 51hgp.com marketplace.


Founded

2014

HQ

ChinaHangzhou

Website

51hgp.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission, Subscription

Good Work Products Funding History

Good Work Products has raised a total of $125M across 2 funding rounds.

Good Work Products' first fundraising round was a $15M Series A in March 2018. The most recent completed round was a $110M Series A in July 2018.

Good Work Products funding rounds

Good Work Products funding rounds
DateStageInvestorsRaised
Jul 2018Series AEastern Bell Capital (lead)$110M
Mar 2018Series ADHVC; Eastern Bell Capital$15M

Who has invested in Good Work Products?

2 investors have backed Good Work Products across its funding rounds, including Eastern Bell Capital and DHVC.

Lead investors include Eastern Bell Capital.


Good Work Products Investors

Investors in Good Work Products by funding rounds participated
InvestorHQRoundsRoleFirst check

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Good Work Products Competitors

Good Work Products competitors include listed companies like Alibaba Group and Manhattan Associates, and private ones like Olist, CADDi, Salla and Meicai.

Public and private companies comparable to Good Work Products
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OlistBrazilCuritibaPrivate--$1.5B-
CADDiJapanTokyoPrivate--$1.1B-
Alibaba GroupChinaChinaPublicly listed$153B$15B$266B1.6x
SallaSaudi ArabiaMeccaPrivate--$1B-
Manhattan AssociatesUnited StatesUnited StatesPublicly listed$1.1B$288M$12B10.6x
MeicaiChinaBeijingPrivate--$7B-

Good Work Products Public Comps

Good Work Products is still privately-owned, but its public comps include Alibaba Group, Carvana, Shein, JD Health, Wayfair, Manhattan Associates, Lenskart, Chewy, Descartes Systems Group and Zozo.

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
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
Lenskart$916M$189M13.3x11.6x64.8x55.5x
Chewy$13B$377M0.7x0.7x23.6x10.6x

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Common questions about Good Work Products

When was Good Work Products founded?Good Work Products was founded in 2014.
Where is Good Work Products headquartered?Good Work Products is headquartered in Hangzhou, China.
Is Good Work Products publicly listed?No, Good Work Products is a private, VC-backed company.
How much funding has Good Work Products raised?Good Work Products has raised $125M across 2 funding rounds.
What was Good Work Products' last funding round?Good Work Products' last funding round was a $110M Series A in July 2018, led by Eastern Bell Capital.
Who are Good Work Products' investors?Good Work Products' investors include Eastern Bell Capital and DHVC.
Which companies are comparable to Good Work Products?Companies comparable to Good Work Products include Olist, CADDi, Alibaba Group, Salla, Manhattan Associates and Meicai.

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