- Companies
- Lanmi
Last Lanmi valuation
$716M
Undisclosed stage · Jun 2022
Last Lanmi funding round
$21M
Undisclosed stage · Jun 2022
Cumulative funding Lanmi raised
$86M
across 3 funding rounds
Key investors in Lanmi
Qiming Venture Partners
Grand Flight Investment
Lanmi Overview
About Lanmi
Lanmi is a Shenzhen-based consumer electronics manufacturer producing wireless audio devices, bone conduction headphones, microphones, smart wearables, and IoT modules. The company supplies products to global brands in audio, fitness tracking, and connected home categories.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$716M (Jun 2022)
Lanmi Valuation
Lanmi is currently valued at $716M, based on its undisclosed-stage round in June 2022.
Lanmi valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2022 | Undisclosed stage | $716M |
Lanmi Funding History
Lanmi has raised a total of $86M across 3 funding rounds.
Lanmi's first fundraising round was a $5M Series A in July 2015. The most recent completed round was a $21M undisclosed-stage round in June 2022.
Lanmi funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Jun 2022 | Undisclosed stage | - | $21M | $716M |
| Oct 2021 | Series B | Grand Flight Investment | $60M | - |
| Jul 2015 | Series A | Qiming Venture Partners (lead) | $5M | - |
Who has invested in Lanmi?
2 investors have backed Lanmi across its funding rounds, including Qiming Venture Partners and Grand Flight Investment.
Lead investors include Qiming Venture Partners.
Lanmi Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Lanmi investors. Start Free Trial | ||||
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Start Free TrialLanmi Competitors
Lanmi competitors include listed companies like Yunding Technology, HTC and Arlo, and private ones like Perfumeo, Smarter and Petmate.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $450M | - | ||
| Publicly listed | $228M | $22M | $884M | - | ||
| Publicly listed | $91M | $22M | $1B | 6.9x | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $420M | - | ||
| Publicly listed | $529M | $14M | $1.4B | 2.3x |
Lanmi Public Comps
Lanmi is still privately-owned, but its public comps include Funai Soken Holdings, Bear Electric Appliance, Sercomm, JS Global Lifestyle Co, Basler, Catapult, Queclink, Roland, Eureka Forbes and EIZO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $214M | $63M | 2.9x | 2.7x | 10.0x | 10.5x | |||
| $780M | $102M | 0.6x | 0.6x | 4.6x | 5.0x | |||
| $1.7B | $84M | 0.5x | 0.4x | 10.0x | 8.9x | |||
| $1.7B | ($936K) | 0.2x | - | (395.5x) | - | |||
| $255M | $40M | 3.0x | 2.5x | 19.2x | 13.0x | |||
| $141M | $15M | 4.3x | 4.0x | 40.8x | 20.6x | |||
| $133M | $12M | 4.8x | 4.2x | 51.7x | 29.5x | |||
| $649M | $54M | 1.0x | 1.0x | 12.2x | 7.1x | |||
This data is available for Pro users. Sign up to see all Lanmi competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lanmi
| When was Lanmi founded? | Lanmi was founded in 2014. |
| Where is Lanmi headquartered? | Lanmi is headquartered in Dongguan, China. |
| Is Lanmi publicly listed? | No, Lanmi is a private, VC-backed company. |
| What is Lanmi's valuation? | Lanmi was last valued at $716M in its undisclosed-stage round in June 2022. |
| How much funding has Lanmi raised? | Lanmi has raised $86M across 3 funding rounds. |
| What was Lanmi's last funding round? | Lanmi's last funding round was a $21M undisclosed-stage round in June 2022. |
| Who are Lanmi's investors? | Lanmi's investors include Grand Flight Investment and Qiming Venture Partners. |
| Which companies are comparable to Lanmi? | Companies comparable to Lanmi include Perfumeo, Yunding Technology, HTC, Smarter, Petmate and Arlo. |
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