- Companies
- ICHunt.com
ICHunt.com Funding, Investors & Competitors
ICHunt.com has raised $130M across 4 funding rounds, most recently a $100M Series C in March 2021.
Last ICHunt.com funding round
$100M
Series C · Mar 2021
Cumulative funding ICHunt.com raised
$130M
across 4 funding rounds
Key investors in ICHunt.com
Matrix Partners China
Welight Capital
Huaye Tiancheng Capital
Haitong Kaiyuan Investment
Haitong Innovation Capital Management
JD Industry
Shenzhen Huanuo Innovation
Beijing Wenhua Haihui
ICHunt.com Overview
About ICHunt.com
ICHunt.com is a Shenzhen-headquartered B2B platform connecting global suppliers and buyers of electronic components. Launched in 2015, the site aggregates inventory from manufacturers in China, the US, and Europe, enabling spot procurement of semiconductors, capacitors, and resistors. ICHunt employs AI and big data for supply chain matching, serving K-A terminals and SMEs with real-time pricing and logistics.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
ICHunt.com Funding History
ICHunt.com has raised a total of $130M across 4 funding rounds.
ICHunt.com's first fundraising round was a $2M seed round in December 2015. The most recent completed round was a $100M Series C in March 2021.
ICHunt.com funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2021 | Series C | JD Industry (lead) | $100M | ICHunt.com is a China-based B2B e-commerce platform for electronic components, founded in 2015, connecting suppliers to small and medium-sized businesses with over 60 million stock-keeping units and more than 5,000 suppliers. It operates an online marketplace specializing in integrated circuits and related components to facilitate efficient circulation for SMEs. In March 2021, ICHunt raised nearly $100 million in a Series C round exclusively from JD MRO, a maintenance, repair, and operations subsidiary of JD.com, matching the query's investor JD Industry and date of approximately March 15, 2021. The proceeds are designated to accelerate integration with JD MRO and expand its cloud-based supply chain infrastructure. Previous funding includes a $23 million Series B-plus in 2018 led by subsidiaries of Haitong Securities with participation from Shenzhen Huanuo Innovation, Beijing Wenhua Haihui, and Hua Partners. Earlier rounds feature an eight-figure RMB amount (around $1.5 million equivalent) led by JD.com with Matrix Partners China, Welight Capital, and N5 Capital; a $5 million Series A in 2016 from Matrix Partners, WeLight, and Hua Capital; and a pre-A seven-figure dollar investment from Matrix Partners China in 2015. Total funding raised across rounds totals approximately $128 million. Ownership includes founder and CEO Jiang Chang at 37%, Jiangsu Jucheng Kongjian Technology at 33.6%, and Matrix Partners at 11.3%. No sources provide post-money valuation, revenue, ARR, EBITDA, or valuation multiples for this round or period. Competitors include AIT Precision Technology. The platform continues to focus on e-commerce solutions in the electronic components sector. |
| Oct 2018 | Series B | Haitong Innovation Capital Management (lead); Haitong Kaiyuan Investment (lead); Shenzhen Huanuo Innovation; Beijing Wenhua Haihui; Huaye Tiancheng Capital | $23M | ICHunt.com is a Shenzhen-based B2B trading platform specializing in integrated circuit (IC) electronic components. The platform operates in China's electronic components market, focusing on B2B transactions for ICs. The company completed a Series B+ funding round of RMB160 million (US$23 million) on or around October 8, 2018, led by Haitong Innovation Capital Management and Haitong Kaiyuan Investment, with participation from Beijing Wenhua Haihui, Huaye Tiancheng Capital, and Shenzhen Huanuo Innovation. |
| Jan 2016 | Series A | Matrix Partners China (lead); Welight Capital (lead) | $5M | - |
| Dec 2015 | Seed | Matrix Partners China (lead) | $2M | - |
Who has invested in ICHunt.com?
8 investors have backed ICHunt.com across its funding rounds, including Matrix Partners China, Welight Capital, Huaye Tiancheng Capital, Haitong Kaiyuan Investment, Haitong Innovation Capital Management and JD Industry.
Lead investors include JD Industry, Haitong Innovation Capital Management, Haitong Kaiyuan Investment, Matrix Partners China and Welight Capital.
ICHunt.com Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Dec 2015 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Lead | Oct 2018 | ||
| 1 | Lead | Jan 2016 | ||
| 1 | Lead | Oct 2018 | ||
| 1 | Participant | Oct 2018 | ||
This data is available for Pro users. Sign up to see all 8 ICHunt.com investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialICHunt.com Competitors
ICHunt.com competitors include listed companies like Copart and RB Global, and private ones like OfBusiness, Zetwerk, Inxeption and Jusda.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2.1B | - | $4B | 1.9x | ||
| Private | $102M | $20M | $3.1B | - | ||
| Private | $300M | - | $3B | 10.0x | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $4.6B | $1.9B | $27B | 4.9x | ||
| Publicly listed | $4.6B | $1.4B | $16B | 4.1x |
ICHunt.com Public Comps
ICHunt.com is still privately-owned, but its public comps include Caterpillar, Applied Materials, Siemens, Deere, ABB, Eaton, Zhongji Innolight, Hitachi, Recruit Holdings and Safran.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $68B | $14B | 6.0x | 5.3x | 28.3x | 24.5x | |||
| $28B | $8.7B | 11.6x | 9.8x | 37.8x | 28.7x | |||
| $91B | $15B | 3.0x | 2.9x | 18.1x | 15.7x | |||
| $45B | $12B | 5.3x | 5.8x | 20.5x | 32.1x | |||
| $33B | $6.9B | 5.4x | 4.9x | 25.9x | 22.6x | |||
| $27B | $6.2B | 6.5x | 5.7x | 29.1x | 24.2x | |||
| $5.7B | $2.1B | 27.7x | 12.0x | 74.2x | 29.3x | |||
| $68B | $11B | 2.2x | 2.2x | 13.8x | 13.5x | |||
This data is available for Pro users. Sign up to see all ICHunt.com competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ICHunt.com
| When was ICHunt.com founded? | ICHunt.com was founded in 2015. |
| Where is ICHunt.com headquartered? | ICHunt.com is headquartered in Shenzhen, China. |
| Is ICHunt.com publicly listed? | No, ICHunt.com is a private, VC-backed company. |
| How much funding has ICHunt.com raised? | ICHunt.com has raised $130M across 4 funding rounds. |
| What was ICHunt.com's last funding round? | ICHunt.com's last funding round was a $100M Series C in March 2021, led by JD Industry. |
| Who are ICHunt.com's investors? | ICHunt.com's investors include Matrix Partners China, Shenzhen Huanuo Innovation, Haitong Innovation Capital Management, Welight Capital, Haitong Kaiyuan Investment, Beijing Wenhua Haihui, JD Industry and Huaye Tiancheng Capital. |
| Which companies are comparable to ICHunt.com? | Companies comparable to ICHunt.com include OfBusiness, Zetwerk, Inxeption, Jusda, Copart and RB Global. |
See companies similar to ICHunt.com
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