KZMall Funding, Investors & Competitors

KZMall has raised $143M across 6 funding rounds, most recently a $28M Series D in January 2024.

Last KZMall funding round

$28M

Series D · Jan 2024

Cumulative funding KZMall raised

$143M

across 6 funding rounds

Key investors in KZMall

  • Binfu Capital
  • Genesis Capital
  • ZZ Capital
  • Yingtan Yujiang District Industrial Investment Group
  • Jiuxi Capital
  • Mr. Bu Guangqi
  • Mr. Qiu Fei
  • Shenzhen Qucheng Investment Holding Co.

KZMall Overview

About KZMall

KZMall is a Hangzhou-based B2B e-commerce platform, founded in 2015, that connects auto repair shops across China with domestic and international auto-parts manufacturers, delivering genuine parts directly from factories. Beyond the marketplace itself, KZMall offers supply-chain, financing, insurance, logistics, training, and technical support services to repair shops, and has built partnerships with major global auto-parts brands as it works to expand coverage across China's counties and cities.


Founded

2015

HQ

ChinaChina

Website

kzmall.cn

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

KZMall Funding History

KZMall has raised a total of $143M across 6 funding rounds.

KZMall's first fundraising round was a $11M seed round in August 2015. The most recent completed round was a $28M Series D in January 2024.

KZMall funding rounds

KZMall funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2024Series DJiuxi Capital; Binfu Capital; Yingtan Yujiang District Industrial Investment Group$28MKZMall is a Hangzhou-based B2B platform founded in 2015 that serves auto repair shops across China. The company operates an online marketplace connecting auto repair shops with major domestic and international auto parts manufacturers, delivering genuine parts directly from factories. KZMall provides comprehensive services including supply chain solutions, finance, insurance, logistics, training, tech support, and IT solutions to support over 100,000 repair shops nationwide. The company established strategic partnerships with leading global auto parts brands and aimed to expand coverage across all counties and cities in China. KZMall raised a Series D round in 2024 with participation from Binfu Capital, Jiuxi Capital, and Yingtan Yujiang District Industrial Investment Group.
Aug 2019Series BGenesis Capital (lead)$60M-
Aug 2018Series A-$30MKZMall is a Hangzhou-based B2B auto parts e-commerce platform operating in China's automotive aftermarket industry. It connects suppliers and buyers in the sector, participating in events like Automechanika Shanghai 2019 alongside competitors such as Casstime and Mancando. Earlier, it closed a Series B round in August 2019, raising $60M from sole investor Genesis Capital. The automotive aftermarket in China is part of a burgeoning sector, with platforms like KZMall digitizing auto parts supply amid growing car ownership (127 million units in 2017). Competitors like Casstime raised significant funds, such as $50M Series C2 and prior $80M Series C1, highlighting investor interest in the space.
Jan 2018Series AZZ Capital (lead); Shenzhen Qucheng Investment Holding Co.; Binfu Capital$10M-
Aug 2017SeedMr. Bu Guangqi (lead); Mr. Qiu Fei (lead)$5M-
Aug 2015Seed-$11M-

Who has invested in KZMall?

8 investors have backed KZMall across its funding rounds, including Binfu Capital, Genesis Capital, ZZ Capital, Yingtan Yujiang District Industrial Investment Group, Jiuxi Capital and Mr. Bu Guangqi.

Lead investors include Genesis Capital, ZZ Capital, Mr. Bu Guangqi and Mr. Qiu Fei.


KZMall Investors

Investors in KZMall by funding rounds participated
InvestorHQRoundsRoleFirst check
Binfu CapitalChinaShanghai2ParticipantJan 2018
Shenzhen Qucheng Investment Holding Co.ChinaChina1ParticipantJan 2018
Mr. Bu GuangqiChinaShanghai1LeadAug 2017
Jiuxi Capital--1ParticipantJan 2024
Yingtan Yujiang District Industrial Investment GroupChinaYingtan1ParticipantJan 2024
ZZ CapitalChinaBeijing1LeadJan 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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KZMall Competitors

KZMall competitors include listed companies like Copart and RB Global, and private ones like OfBusiness, Zetwerk, Inxeption and Jusda.

Public and private companies comparable to KZMall
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OfBusinessIndiaGurgaonPrivate$2.1B-$4B1.9x
ZetwerkIndiaBangalorePrivate$102M$20M$3.1B-
InxeptionUnited StatesUnited StatesPrivate$300M-$3B10.0x
JusdaChinaShenzhenPrivate--$2.5B-
CopartUnited StatesUnited StatesPublicly listed$4.6B$1.9B$27B4.9x
RB GlobalUnited StatesUnited StatesPublicly listed$4.6B$1.4B$16B4.1x

KZMall Public Comps

KZMall is still privately-owned, but its public comps include Eaton, Recruit Holdings, Uber, Booking Holdings, Mitsubishi, Airbnb, Prosus, DoorDash, Illinois Tool Works and Carvana.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eaton$27B$6.2B6.5x5.7x29.1x24.2x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Mitsubishi$122B$8.7B1.2x1.2x17.2x21.8x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
Prosus$9.7B$1.1B9.1x8.0x83.8x123.7x
DoorDash$14B$1.5B6.0x4.9x55.8x23.7x

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Common questions about KZMall

When was KZMall founded?KZMall was founded in 2015.
Where is KZMall headquartered?KZMall is headquartered in China.
Is KZMall publicly listed?No, KZMall is a private, VC-backed company.
How much funding has KZMall raised?KZMall has raised $143M across 6 funding rounds.
What was KZMall's last funding round?KZMall's last funding round was a $28M Series D in January 2024.
Who are KZMall's investors?KZMall's investors include Binfu Capital, Shenzhen Qucheng Investment Holding Co., Mr. Bu Guangqi, Jiuxi Capital, Yingtan Yujiang District Industrial Investment Group, ZZ Capital, Mr. Qiu Fei and Genesis Capital.
Which companies are comparable to KZMall?Companies comparable to KZMall include OfBusiness, Zetwerk, Inxeption, Jusda, Copart and RB Global.

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