Jusfoun Big Data Funding, Investors & Competitors
Jusfoun Big Data has raised $137M across 4 funding rounds, most recently a $15M Series D in December 2018.
Last Jusfoun Big Data funding round
$15M
Series D · Dec 2018
Cumulative funding Jusfoun Big Data raised
$137M
across 4 funding rounds
Key investors in Jusfoun Big Data
IDG Capital
DT Capital Partners
Boxin Capital
Xiamen Anne Corp
Shanghai Huaming
About Jusfoun Big Data
Jusfoun Big Data is a Beijing-based data technology firm that launched the Global Big Data Exchange in Guiyang, China, in 2015. The company provides big data solutions for urban management, environmental monitoring, and public services to over 80 Chinese cities. Jusfoun processes petabytes of data daily using proprietary platforms for traffic analysis, pollution tracking, and smart city applications.
Founded
2010
HQ
BeijingWebsite
Status
Privately held
Customer focus
B2G
Revenue model
Subscription
Jusfoun Big Data Funding History
Jusfoun Big Data has raised a total of $137M across 4 funding rounds.
Jusfoun Big Data's first fundraising round was a $32M Series A in January 2015. The most recent completed round was a $15M Series D in December 2018.
Jusfoun Big Data funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2018 | Series D | Shanghai Huaming (lead) | $15M | Jusfoun Big Data is a Beijing-based company operating as a government data asset operator, working with partners like the Israel Commercial Union and China Fisheries Association to enhance industry efficiencies using data. The company achieved unicorn status in 2018 with a valuation of $1.6 billion and had raised $137 million in total funding across multiple rounds. Separate sources list a valuation of $1.62 billion with $137.13 million over 9 rounds from investors including Boxin Capital, DT Capital Partners, and IDG Capital. No details confirm the specific December 2018 round with Shanghai Huaming, including amount raised or valuation impact. |
| Jul 2018 | Series C | Xiamen Anne Corp (lead) | $12M | Jusfoun Big Data is a Chinese big data company recognized as a unicorn in analyses of Chinese tech startups. It operates in the big data sector alongside other firms like Cloudwalk and Horizon Robotics in artificial intelligence. The company was listed in unicorn studies as of 2019 with one entry in the big data category. A general valuation of $1,615.45M is noted for December 2018, close to the queried round timing, though not specifically linked to the Anne Corporation investment. |
| Nov 2015 | Series B | IDG Capital | $79M | Jusfoun Big Data is a Beijing-based company founded in 2010, specializing in enterprise tech, big data, data management, and analytics. It has raised a total of $137.13M across 9 funding rounds, with investors including IDG Capital, Boxin Capital, and DT Capital Partners. The company achieved unicorn status later, with valuations reported as $1.62B on 7/9/2018 and $2B on 7/9/2018 in unicorn lists. |
| Jan 2015 | Series A | Boxin Capital; IDG Capital; DT Capital Partners | $32M | Jusfoun Big Data, founded in 2010 and based in Beijing, China, is a big data services provider specializing in data management and analytics. It collects and analyzes extensive data from 9 million companies, 40,000 market segments, 500 cities, 5,600 districts and counties, 2,500 high-tech parks, 300,000 streets, and 120,000 office buildings, enabling a comprehensive data solution platform for clients such as commercial banks, internet financing companies, peer-to-peer businesses, and securities firms. The company generates earnings through channels like selling financial terminals to banks and building data platforms for local governments, and it began making money in 2014. Jusfoun's business model involves partnering with local governments via joint ventures where governments hold controlling shares; Jusfoun processes and commercializes raw government data while the data remains government-owned. It initially provided free services to governments in exchange for data access, leading to paid deals after years of cooperation. In early 2015, Jusfoun announced its second round of financing, raising 200 million yuan (approximately $32 million) from investors including Boxin Capital, DT Capital Partners, and IDG Capital. The company planned to go public by the end of 2015 according to CEO Wang Sanshou at the time, though this did not occur as planned. By late 2015, the company aimed for an IPO in July 2016 with an expected valuation of up to 15 billion yuan. Later developments show Jusfoun achieving unicorn status, listed with valuations around $1.62B to $2B as of July 2018, after raising a total of $137M over multiple rounds from the same lead investors Boxin Capital, DT Capital Partners, and IDG Capital. It operates in enterprise tech, focusing on big data solutions amid China's emphasis on the sector in its 13th Five-Year Plan (2016-2021). |
Who has invested in Jusfoun Big Data?
5 investors have backed Jusfoun Big Data across its funding rounds, including IDG Capital, DT Capital Partners, Boxin Capital, Xiamen Anne Corp and Shanghai Huaming.
Lead investors include Shanghai Huaming and Xiamen Anne Corp.
Jusfoun Big Data Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Beijing | 2 | Participant | Jan 2015 | |
| Beijing | 1 | Participant | Jan 2015 | |
| China | 1 | Participant | Jan 2015 | |
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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 TrialInvestments by Jusfoun Big Data
Jusfoun Big Data has invested in 1 company to date.
Latest investment by Jusfoun Big Data was on April 9th 2019. Jusfoun Big Data invested in Sofmit in their $12M Series B round.
Latest Investments by Jusfoun Big Data
| Description | Sofmit is a Kunshan-headquartered IT services provider founded in 2009 in Huaqiao Economic Development Zone, Jiangsu Province, China. Located in the Yangtze River Delta economic belt, the company delivers service outsourcing and smart travel solutions, including software development for transportation apps and intelligent systems. Sofmit serves clients in logistics and mobility sectors with custom platforms. |
| HQ Country | |
| HQ City | Kunshan |
| Deal Date | 9 Apr 2019 |
| Round | Series B |
| Raised | $12M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Jusfoun Big Data investments and their VC round multiples. Start Free Trial | |
Jusfoun Big Data Competitors
Jusfoun Big Data competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 United States | Publicly listed | $3.4B | ($588K) | $85B | 19.4x | |
| United States | Publicly listed | $2B | $276M | $16B | 7.0x | |
| San Francisco, CA | Private | $160M | - | $15B | 93.8x | |
| New York City, NY | Private | $150M | - | $3.7B | 24.7x | |
| Boston, MA | Private | $100M | - | $3.4B | - | |
| San Francisco, CA | Private | - | - | $3B | - |
Jusfoun Big Data Public Comps
Jusfoun Big Data is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, RELX, Strategy, MongoDB, Verisk Analytics and Fair Isaac.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $2.5B | ($104M) | 11.9x | 10.4x | (282.5x) | 49.6x | |||
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Common questions about Jusfoun Big Data
| When was Jusfoun Big Data founded? | Jusfoun Big Data was founded in 2010. |
| Where is Jusfoun Big Data headquartered? | Jusfoun Big Data is headquartered in Beijing, China. |
| Is Jusfoun Big Data publicly listed? | No, Jusfoun Big Data is a private, VC-backed company. |
| How much funding has Jusfoun Big Data raised? | Jusfoun Big Data has raised $137M across 4 funding rounds. |
| What was Jusfoun Big Data's last funding round? | Jusfoun Big Data's last funding round was a $15M Series D in December 2018, led by Shanghai Huaming. |
| Who are Jusfoun Big Data's investors? | Jusfoun Big Data's investors include IDG Capital, Boxin Capital, DT Capital Partners, Xiamen Anne Corp and Shanghai Huaming. |
| Which companies are comparable to Jusfoun Big Data? | Companies comparable to Jusfoun Big Data include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP. |
| How many companies has Jusfoun Big Data invested in? | Jusfoun Big Data has invested in 1 company, including Sofmit. |
| What was Jusfoun Big Data's last investment? | In April 2019, Jusfoun Big Data invested in Sofmit's $12M Series B. |
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