- Companies
- Kujiale
Kujiale Revenue, Valuation, Funding & Investors
Kujiale is valued at $1B as of October 2019, a 24.4x multiple on its last reported $41M revenue.
Last Kujiale valuation
$1B
Series D · Oct 2019
Last Kujiale funding round
$100M
Series D · Oct 2019
Kujiale revenue
$41M
Series D · Oct 2019
Key investors in Kujiale
GGV Capital
IDG Capital
Shunwei Capital
Hearst Ventures
Linear Venture
Hillhouse Investment
About Kujiale
Kujiale is a Hangzhou-based online platform for home decoration and furnishing design. Users access business reviews, 3D modeling tools, texture swapping, floor planning software, 360-degree visualizations, augmented reality, photo-realistic rendering, and virtual reality features at kujiale.com to plan interiors comprehensively.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Advertising, Subscription
Revenue
$41M (Oct 2019)
Valuation
$1B (Oct 2019)
Kujiale Valuation
Kujiale is currently valued at $1B, based on its Series D in October 2019.
The $100M round was led by Hillhouse Investment, with participation from Shunwei Capital and GGV Capital.
Kujiale valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2019 | Series D | $1B | 24.4x |
Kujiale Revenue
Kujiale's latest recorded revenue is $41M, as of its Series D in October 2019. At a $1B valuation, that implies a 24.4x revenue multiple.
Kujiale revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2019 | $41M | $1B | 24.4x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Kujiale Funding History
Kujiale has raised a total of $235M across 5 funding rounds.
Kujiale's first fundraising round was a $2M Series A in May 2013. The most recent completed round was a $100M Series D in October 2019.
Kujiale funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2019 | Series D | Hillhouse Investment (lead); Shunwei Capital; GGV Capital | $100M | $1B | Kujiale is a Hangzhou-based online home decoration platform that provides 3D design software for interior design and digital solutions to the home decoration industry. The company's flagship product is a comprehensive 3D interior design software that serves both individual designers and corporate clients, with its content library covering over 90% of household floor plans for new residential buildings in China. In October 2019, Kujiale raised USD 100 million in its Series D+ round led by Hillhouse Capital, with participation from Shunwei Capital and GGV Capital, achieving a post-money valuation of USD 1 billion and attaining unicorn status. The company's revenue grew from RMB 282.3 million (approximately USD 43.3 million) in 2019 to RMB 353.4 million (USD 54.2 million) in 2020, representing 25% year-over-year growth despite COVID-19 impacts. As of July 2019, the platform had 300,000 individual users and 14,000 corporate clients who had paid at least once for its SaaS product, with 80% of them becoming repeat customers, demonstrating strong product-market fit in a sector attracting significant investor interest. |
| Aug 2019 | Undisclosed stage | GGV Capital | $23M | - | Kujiale is a SaaS-enabled home decoration and design platform founded in 2011 and headquartered in Hangzhou, China, offering 3D design software with a comprehensive library covering over 90% of new residential floor plans in China. It provides a Manycore experience spanning design, visualization, implementation, and digital asset management, serving the interior decoration industry. The company has raised over $312M across multiple rounds from investors including GGV Capital, Hillhouse Capital, and Shunwei Capital. On August 26, 2019, Kujiale raised $100M in a Series D round led by GGV Capital, Hillhouse Capital Group, and Shunwei Capital, as part of its ongoing funding trajectory that included a subsequent Series D - II on October 25, 2019 and a Series D - III in January 2020 valued at $2B post-money. For FY 2019, around the time of the round, Kujiale reported revenues of RMB 282.3 million, marking 25% growth from the prior year, with gross margins at 69% and a net loss of RMB 260.6 million. Gross billings were RMB 366.0 million in 2019. The company achieved strong growth into 2020 with revenues reaching RMB 353.4 million despite COVID-19 impacts. Kujiale competes with platforms like Tylko, Tubatu, and 3Vjia in the global interior design space and has expanded into cloud rendering and overseas markets. Later rounds included a $200M Series E in November 2021, with total funding reaching $312M across 8-9 rounds by 2021. |
| Mar 2018 | Series D | Shunwei Capital (lead); IDG Capital; Hearst Ventures; Linear Venture; GGV Capital | $100M | - | Kujiale is a Chinese VR interior design platform that raised $100 million in a Series D funding round on March 9, 2018, led by Shunwei Capital with participation from GGV Capital, IDG Capital, Linear Venture, and Hearst Ventures. The company provides a VR-based portal for home interior design, leveraging technology for visualization and design services. Kujiale operates in the competitive spatial design and visualization market, later expanding into embodied AI training and e-commerce staging as part of Manycore Tech's portfolio, holding significant market share in cloud-native platforms. |
| May 2014 | Series B | GGV Capital (lead); IDG Capital; Hearst Ventures; Yunqi Partners; Linear Venture | $10M | - | Kujiale, a Hangzhou-based online platform for home decoration, furnishing information, and interior design sketches, raised $10 million in a Series B round in 2014 led by GGV Capital, with participation from Hearst Ventures, IDG Capital, Linear Venture, and Yunqi Partners. The company previously completed a Series A round of RMB10 million ($1.6 million) from IDG Capital. Funds from the Series B were allocated to research and marketing efforts. |
| May 2013 | Series A | IDG Capital | $2M | - | - |
Who has invested in Kujiale?
7 investors have backed Kujiale across its funding rounds, including GGV Capital, IDG Capital, Shunwei Capital, Hearst Ventures, Linear Venture and Hillhouse Investment.
Lead investors include Hillhouse Investment, Shunwei Capital and GGV Capital.
Kujiale Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | May 2014 | ||
| 3 | Participant | May 2013 | ||
| 2 | Lead | Mar 2018 | ||
| 2 | Participant | May 2014 | ||
| 2 | Participant | May 2014 | ||
This data is available for Pro users. Sign up to see all 7 Kujiale 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 TrialAcquisitions by Kujiale
Kujiale has acquired 1 company to date.
Last acquisition by Kujiale was on April 28th 2020. Kujiale acquired Modelo for undisclosed valuation.
Latest Acquisitions by Kujiale
| Description | Modelo is a San Francisco-headquartered platform for 3D design collaboration in architecture, engineering, and construction. It converts Revit, Rhino, SketchUp, and IFC files into web-based 3D models with VR walkthroughs, 360 panoramas, and BIM data queries. Teams conduct stakeholder reviews, issue annotations, and asset management in shared cloud environments, serving firms like Gensler and AECOM across 100 countries. |
| HQ Country | |
| HQ City | Boston, MA |
| Deal Date | 28 Apr 2020 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Kujiale acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Kujiale
Kujiale has invested in 1 company to date.
Latest investment by Kujiale was on July 20th 2018. Kujiale invested in KUCHAOKEJI in their $400K Seed round.
Latest Investments by Kujiale
| Description | KUCHAOKEJI is a Shanghai-based platform for home cloud design and retail solutions targeting furnishing enterprises in China. It provides 3D visualization tools, AR previews, and e-commerce integrations for custom furniture. Partners with suppliers in Guangdong for rapid prototyping and delivery. Launched in 2018, KUCHAOKEJI empowers brands like home decor chains with digital showrooms. |
| HQ Country | |
| HQ City | Hangzhou |
| Deal Date | 20 Jul 2018 |
| Round | Seed |
| Raised | $400K |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Kujiale investments and their VC round multiples. Start Free Trial | |
Kujiale Competitors
Kujiale competitors include listed companies like Altus Group and PEXA Group, and private ones like Place, Rentberry, Square Yards and Guesty.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $150M | - | $1B | 6.7x | ||
| Private | - | - | $1B | - | ||
| Private | $223M | $19M | $1B | 4.5x | ||
| Publicly listed | $360M | $31M | $1.1B | 3.7x | ||
| Private | $100M | - | $900M | 9.0x | ||
| Publicly listed | $285M | $100M | $861M | 3.4x |
Kujiale Public Comps
Kujiale is still privately-owned, but its public comps include Vitec Software, Suofeiya, Arhaus, Altus Group, DeRUCCI, PEXA Group, La-Z-Boy, Sangetsu, Fiskars and RAK Ceramics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $1.4B | $250M | 0.9x | 1.0x | 4.9x | 5.7x | |||
| $1.4B | $179M | 1.1x | 1.0x | 8.2x | 9.2x | |||
| $360M | $31M | 3.5x | 3.7x | 40.5x | 14.2x | |||
| $779M | $131M | 1.2x | 1.1x | 6.9x | 6.9x | |||
| $285M | $100M | 3.4x | 3.4x | 9.8x | 9.3x | |||
| $2.1B | $259M | 0.7x | 0.7x | 5.7x | 7.9x | |||
| $1.3B | $164M | 0.8x | 0.8x | 6.8x | 7.4x | |||
This data is available for Pro users. Sign up to see all Kujiale competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kujiale
| When was Kujiale founded? | Kujiale was founded in 2011. |
| Where is Kujiale headquartered? | Kujiale is headquartered in Hangzhou, China. |
| Is Kujiale publicly listed? | No, Kujiale is a private, VC-backed company. |
| What is Kujiale's valuation? | Kujiale was last valued at $1B in its Series D in October 2019. |
| How much funding has Kujiale raised? | Kujiale has raised $235M across 5 funding rounds. |
| What was Kujiale's last funding round? | Kujiale's last funding round was a $100M Series D in October 2019, led by Hillhouse Investment. |
| Who are Kujiale's investors? | Kujiale's investors include GGV Capital, IDG Capital, Shunwei Capital, Hearst Ventures, Linear Venture, Hillhouse Investment and Yunqi Partners. |
| What is Kujiale's revenue? | Kujiale's latest recorded revenue is $41M (October 2019). |
| What is Kujiale's revenue multiple? | Kujiale's latest valuation implies a 24.4x revenue multiple ($1B valuation on $41M of revenue). |
| Which companies are comparable to Kujiale? | Companies comparable to Kujiale include Place, Rentberry, Square Yards, Altus Group, Guesty and PEXA Group. |
| How many companies has Kujiale acquired? | Kujiale has acquired 1 company, including Modelo. |
| How many companies has Kujiale invested in? | Kujiale has invested in 1 company, including KUCHAOKEJI. |
| What was Kujiale's last investment? | In July 2018, Kujiale invested in KUCHAOKEJI's $400K seed round. |
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