JMGO Valuation, Funding & Investors

JMGO is valued at $308M as of March 2016.

See full JMGO profile

Last JMGO valuation

$308M

Series C · Mar 2016

Last JMGO funding round

$2M

Pre-seed · Mar 2023

Cumulative funding JMGO raised

$380M

across 6 funding rounds

Key investors in JMGO

  • IDG Capital
  • Alibaba Group
  • Fortune Venture Capital
  • Green Pine Capital Partners
  • GF Xinde Investment Management
  • Junsan Capital

JMGO Overview

About JMGO

JMGO is a Chinese smart-projector brand, operated by Shenzhen Holatek, that designs and produces smart projectors and laser TVs aimed at delivering large-screen viewing in a portable, versatile format. The company competes in China's fast-growing projector market against rivals such as Xgimi, and its products span the intelligent-hardware and consumer IoT space alongside plans for international e-commerce expansion.


Founded

2011

HQ

ChinaChina

Website

jmgo.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$308M (Mar 2016)

JMGO Valuation

JMGO is currently valued at $308M, based on its Series C in March 2016.

The $92M round was led by Golden Brick Capital.

JMGO valuation by funding round

JMGO valuation by funding round
DateStageValuation
Mar 2016Series C$308M

JMGO Funding History

JMGO has raised a total of $380M across 6 funding rounds.

JMGO's first fundraising round was a $9M Series A in December 2014. The most recent completed round was a $2M pre-seed round in March 2023.

JMGO funding rounds

JMGO funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2023Pre-seed-$2M--
Mar 2022Series DIDG Capital (lead); Oppo (lead); Lexun Tiancheng$158M-JMGO, a Chinese smart projector brand (坚果投影), completed a Series E-II funding round of approximately $157.14M on March 15, 2022, with investors IDG Capital, Lexun Tiancheng, and OPPO, matching the specified lead investors and date. Another source reports it as CNY1 billion (USD160M) pre-Series A closed on March 16, 2022, led by OPPO and IDG Capital, with funds allocated to expand operations, boost technology reserves, product R&D, and brand promotion. This marked JMGO's tenth funding round, bringing total capital raised to $377.75M across 10 rounds from 22 investors, including prior backers like Alibaba and Golden Brick Capital. JMGO specializes in R&D and production of smart projectors and laser TVs, aiming to deliver immersive large-screen experiences through portable, versatile, and aesthetically functional products. The company operates in the intelligent hardware sector, particularly consumer IoT and smart home appliances.
Oct 2018Series DAlibaba Group (lead); Stone Capital; Sunz Fund; Junsan Capital; 36KR; D.Z Capital; GF Xinde Investment Management$87M--
Mar 2016Series CGolden Brick Capital (lead)$92M$308MJMGO is a Chinese smart projector brand operated by Shenzhen Holatek, ranking third in China's projector market with 8% share in the first half of the prior year according to IDC. In March 2016, JMGO received a C-Round investment of approximately 90 million USD from Golden Brick Capital and Qianhai Zhongjin Group, positioning it as a leading company in the sector. JMGO has completed multiple financing rounds, including later ones with investors like Alibaba Group Holding, OPPO, and IDG Capital, such as a CNY1 billion (USD160 million) Pre-A round reported in 2022 for expanding operations, technology, R&D, and brand promotion. China's projector market saw shipments grow 32.4% year-over-year to 2.27 million units in the first half of the prior year, with Xgimi leading at 20% share.
Jun 2015Series BSkyChee Ventures; Green Pine Capital Partners$32M-JMGO, a company focused on projectors and portable projection technology, secured funding in May 2015 from investors including Green Pine Capital Partners, Timesbole, and SkyChee Ventures, with the amount stated as 30 million USD. This round aligns closely with the approximate date of March 6, 2015, provided in the query, though listed as May. No details on post-money valuation, amount raised beyond the investment figure, or use of funds are available in the sources. JMGO later launched a portable product in December 2015 and developed plans for a foreign online shopping website to expand e-commerce for its projectors internationally. The company appears in broader China internet investment contexts alongside entities like Golden Brick Capital and Susquehanna, indicating its position in the consumer tech and hardware sector. No revenue, ARR, EBITDA, traction metrics, competitive details, or follow-on funding information matching the criteria or timeframe is present in the results.
Dec 2014Series AStarVC; IDG Capital; Fortune Venture Capital$9M--

Who has invested in JMGO?

15 investors have backed JMGO across its funding rounds, including IDG Capital, Alibaba Group, Fortune Venture Capital, Green Pine Capital Partners, GF Xinde Investment Management and Junsan Capital.

Lead investors include IDG Capital, Oppo, Alibaba Group and Golden Brick Capital.


JMGO Investors

Investors in JMGO by funding rounds participated
InvestorHQRoundsRoleFirst check
IDG CapitalChinaBeijing2LeadDec 2014
StarVCChinaBeijing1ParticipantDec 2014
OppoChinaCangzhou1LeadMar 2022
Stone CapitalChinaShanghai1ParticipantOct 2018
SkyChee VenturesChinaBeijing1ParticipantJun 2015
Sunz FundChinaChangsha1ParticipantOct 2018
Junsan CapitalChinaShenzhen1ParticipantOct 2018
Lexun TianchengChinaBeijing1ParticipantMar 2022
36KRChinaChina1ParticipantOct 2018
Fortune Venture CapitalChinaShenzhen1ParticipantDec 2014
Alibaba GroupChinaHangzhou1LeadOct 2018
D.Z CapitalChinaBeijing1ParticipantOct 2018
Green Pine Capital PartnersChinaShenzhen1ParticipantJun 2015

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JMGO Competitors

JMGO competitors include listed companies like UTime, Parrot and Grupo Multi, and private ones like Apkudo, Hello and Ember Technologies.

Public and private companies comparable to JMGO
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ApkudoUnited StatesBaltimore, MDPrivate--$300M-
HelloUnited StatesSan Francisco, CAPrivate--$300M-
UTimeChinaChinaPublicly listed$29M($2M)$294M-
ParrotFranceFrancePublicly listed$92M($11M)$325M3.0x
Grupo MultiBrazilBrazilPublicly listed$763M$47M$286M0.3x
Ember TechnologiesUnited StatesLos Angeles, CAPrivate--$283M-

JMGO Public Comps

JMGO is still privately-owned, but its public comps include UTime, Parrot, Grupo Multi, GoPro, Ideal Holdings, Xperi, Mobiltel Iletisim, FW Thorpe, Vuzix and Digiworld.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
UTime$29M($2M)9.1x-(119.0x)-
Parrot$92M($11M)3.4x3.0x(28.6x)(47.0x)
Grupo Multi$763M$47M0.3x0.3x4.7x4.3x
GoPro$652M($71M)0.5x0.6x(4.7x)(4.3x)
Ideal Holdings$554M$67M1.3x-10.9x-
Xperi$448M$5M0.5x0.5x54.0x3.1x
Mobiltel Iletisim$316M$28M1.0x-11.0x-
FW Thorpe$235M$54M1.3x-5.5x-

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Common questions about JMGO

When was JMGO founded?JMGO was founded in 2011.
Where is JMGO headquartered?JMGO is headquartered in China.
Is JMGO publicly listed?No, JMGO is a private, VC-backed company.
What is JMGO's valuation?JMGO was last valued at $308M in its Series C in March 2016.
How much funding has JMGO raised?JMGO has raised $380M across 6 funding rounds.
What was JMGO's last funding round?JMGO's last funding round was a $2M pre-seed round in March 2023.
Who are JMGO's investors?JMGO's investors include IDG Capital, StarVC, Oppo, Stone Capital, SkyChee Ventures, Sunz Fund, Junsan Capital, Lexun Tiancheng, 36KR, Fortune Venture Capital and 5 others.
Which companies are comparable to JMGO?Companies comparable to JMGO include Apkudo, Hello, UTime, Parrot, Grupo Multi and Ember Technologies.

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