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- hi Inc
hi Inc Valuation, Funding & Investors
hi Inc is valued at $500M as of September 2016.
Last hi Inc valuation
$500M
Undisclosed stage · Sep 2016
Last hi Inc funding round
$125M
Undisclosed stage · Sep 2016
Cumulative funding hi Inc raised
$160M
across 3 funding rounds
Key investors in hi Inc
FIH Mobile
Sinovation Ventures
Wensheng Cai
TCL Communication
About hi Inc
hi Inc is a Hong Kong-based travel technology company that operated an integrated platform spanning travel content, booking tools, hotel services, destination information, and data intelligence across more than 80 countries. It was known for the handy smartphone, a complimentary connectivity device supplied to hotel guests and deployed across more than 1,000 properties worldwide. The company maintained offices in Hong Kong, Singapore, Shenzhen, London, Tokyo, Milan, and Taiwan.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Subscription
Valuation
$500M (Sep 2016)
Sectors
hi Inc Valuation
hi Inc is currently valued at $500M, based on its undisclosed-stage round in September 2016.
The $125M round was led by FIH Mobile, with participation from Sinovation Ventures and Wensheng Cai.
hi Inc valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2016 | Undisclosed stage | $500M |
hi Inc Funding History
hi Inc has raised a total of $160M across 3 funding rounds.
hi Inc's first fundraising round was a $22M strategic investment round in August 2014. The most recent completed round was a $125M undisclosed-stage round in September 2016.
hi Inc funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Sep 2016 | Undisclosed stage | FIH Mobile (lead); Sinovation Ventures; Wensheng Cai | $125M | $500M |
| Nov 2015 | Series A | FIH Mobile (lead) | $13M | - |
| Aug 2014 | Strategic investment | TCL Communication (lead) | $22M | - |
Who has invested in hi Inc?
4 investors have backed hi Inc across its funding rounds, including FIH Mobile, Sinovation Ventures, Wensheng Cai and TCL Communication.
Lead investors include FIH Mobile and TCL Communication.
hi Inc Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Nov 2015 | ||
| 1 | Lead | Aug 2014 | ||
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Start Free TrialAcquisitions by hi Inc
hi Inc has acquired 1 company to date.
Last acquisition by hi Inc was on November 8th 2016. hi Inc acquired LUXOS Italia for undisclosed valuation.
Latest Acquisitions by hi Inc
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 8 Nov 2016 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all hi Inc acquisitions and their M&A valuation multiples. Start Free Trial | |
hi Inc Competitors
hi Inc competitors include listed companies like eDreams ODIGEO, trivago and Ixigo, and private ones like TripFactory, Qyer.com and SMARTSCORE.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $500M | - | ||
| Publicly listed | $770M | $161M | $517M | 1.1x | ||
| Publicly listed | $632M | $13M | $460M | 0.5x | ||
| Private | - | - | $458M | - | ||
| Private | - | - | $688M | - | ||
| Publicly listed | $128M | $8M | $736M | 4.5x |
hi Inc Public Comps
hi Inc is still privately-owned, but its public comps include Thomas Cook India, Risma, eDreams ODIGEO, Rainbow Tours, trivago, Issta, H.I.S. Group, Lion Travel Service Co., Escar and Movida.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $858M | $45M | 0.4x | 0.4x | 7.4x | 7.1x | |||
| $172M | $70M | 4.1x | - | 10.1x | - | |||
| $770M | $161M | 1.1x | 1.1x | 5.4x | 5.3x | |||
| $1.2B | $89M | 0.4x | 0.4x | 5.3x | 5.5x | |||
| $632M | $13M | 0.5x | 0.5x | 24.3x | 10.9x | |||
| $193M | $84M | 7.0x | - | 16.2x | - | |||
| $2.4B | $125M | 0.4x | 0.4x | 8.2x | 7.1x | |||
| $942M | $72M | 0.2x | - | 3.2x | - | |||
This data is available for Pro users. Sign up to see all hi Inc competitors and their valuation data. Start Free Trial | ||||||||
Common questions about hi Inc
| When was hi Inc founded? | hi Inc was founded in 2012. |
| Where is hi Inc headquartered? | hi Inc is headquartered in Hong Kong, Hong Kong. |
| Is hi Inc publicly listed? | No, hi Inc is a private, VC-backed company. |
| What is hi Inc's valuation? | hi Inc was last valued at $500M in its undisclosed-stage round in September 2016. |
| How much funding has hi Inc raised? | hi Inc has raised $160M across 3 funding rounds. |
| What was hi Inc's last funding round? | hi Inc's last funding round was a $125M undisclosed-stage round in September 2016, led by FIH Mobile. |
| Who are hi Inc's investors? | hi Inc's investors include FIH Mobile, TCL Communication, Sinovation Ventures and Wensheng Cai. |
| Which companies are comparable to hi Inc? | Companies comparable to hi Inc include TripFactory, eDreams ODIGEO, trivago, Qyer.com, SMARTSCORE and Ixigo. |
| How many companies has hi Inc acquired? | hi Inc has acquired 1 company, including LUXOS Italia. |
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