Haimawan Funding, Investors & Competitors

Haimawan has raised $118M across 4 funding rounds, most recently a $42M strategic investment round in May 2021.

Last Haimawan funding round

$42M

Strategic investment · May 2021

Cumulative funding Haimawan raised

$118M

across 4 funding rounds

Key investors in Haimawan

  • Juren Chuangtou
  • CDF-Capital
  • Zhejiang Daily Digital
  • Elefirst Science & Technology
  • UCloud Technology
  • Migu

Haimawan Overview

About Haimawan

Haimawan is a provider of cloud computing services for mobile content, specializing in gaming platforms, digital advertising, and enterprise messaging solutions across China.


Founded

2013

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Haimawan Funding History

Haimawan has raised a total of $118M across 4 funding rounds.

Haimawan's first fundraising round was a $2M Series A in September 2014. The most recent completed round was a $42M strategic investment round in May 2021.

Haimawan funding rounds

Haimawan funding rounds
DateStageInvestorsRaisedDeal Summary
May 2021Strategic investmentUCloud Technology; Migu$42M-
Jul 2017Series CElefirst Science & Technology (lead)$58MHaimawan secured a $53.6 million Series C funding round in July 2017, with participation from Elefirst Science & Technology. The round was designed to support the company in developing its mobile content cloud computing offering.
Jul 2015Series BZhejiang Daily Digital (lead); Juren Chuangtou; CDF-Capital$16M-
Sep 2014Series AJuren Chuangtou (lead)$2M-

Who has invested in Haimawan?

6 investors have backed Haimawan across its funding rounds, including Juren Chuangtou, CDF-Capital, Zhejiang Daily Digital, Elefirst Science & Technology, UCloud Technology and Migu.

Lead investors include Elefirst Science & Technology, Zhejiang Daily Digital and Juren Chuangtou.


Haimawan Investors

Investors in Haimawan by funding rounds participated
InvestorHQRoundsRoleFirst check
Juren ChuangtouChinaChongqing2LeadSep 2014
UCloud TechnologyChinaShanghai1ParticipantMay 2021
Elefirst Science & TechnologyChinaNanjing1LeadJul 2017
CDF-CapitalChinaShenzhen1ParticipantJul 2015

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Haimawan Competitors

Haimawan competitors include listed companies like Kunlun, Yalla Group and VNG Corp., and private ones like Yello Mobile, Voodoo and Smule.

Public and private companies comparable to Haimawan
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KunlunChinaChinaPublicly listed$1.2B($230M)$8.3B5.7x
Yello MobileSouth KoreaSouth KoreaPrivate--$4B-
VoodooFranceParisPrivate$437M-$2B4.5x
Yalla GroupUAEUAEPublicly listed$342M$128M$827M-
VNG Corp.VietnamVietnamPublicly listed$420M$23M$657M-
SmuleUnited StatesSan Francisco, CAPrivate$101M-$604M6.0x

Haimawan Public Comps

Haimawan is still privately-owned, but its public comps include Meta, Tencent, NetEase, Sea, Roblox, Bending Spoons, Konami, NEXON, Kakao and Match Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Meta$201B$104B8.8x7.4x17.0x12.7x
Tencent$112B$51B4.5x4.2x9.9x9.9x
NetEase$17B$5.8B3.1x3.0x8.9x7.7x
Sea$23B$2.4B2.5x2.0x24.3x16.5x
Roblox$4.9B($1B)6.7x4.7x(32.6x)24.1x
Bending Spoons$2.6B$520M11.0x-54.9x-
Konami$3.2B$1.1B5.3x5.0x15.2x13.9x
NEXON$3.1B$731M4.0x3.8x16.8x13.5x

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Common questions about Haimawan

When was Haimawan founded?Haimawan was founded in 2013.
Where is Haimawan headquartered?Haimawan is headquartered in Beijing, China.
Is Haimawan publicly listed?No, Haimawan is a private, VC-backed company.
How much funding has Haimawan raised?Haimawan has raised $118M across 4 funding rounds.
What was Haimawan's last funding round?Haimawan's last funding round was a $42M strategic investment round in May 2021.
Who are Haimawan's investors?Haimawan's investors include Juren Chuangtou, UCloud Technology, Elefirst Science & Technology, CDF-Capital, Zhejiang Daily Digital and Migu.
Which companies are comparable to Haimawan?Companies comparable to Haimawan include Kunlun, Yello Mobile, Voodoo, Yalla Group, VNG Corp. and Smule.

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