Lanmi Valuation, Funding & Investors

Lanmi is valued at $716M as of June 2022.

See full Lanmi profile

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

ChinaDongguan

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

Lanmi valuation by funding round
DateStageValuation
Jun 2022Undisclosed 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

Lanmi funding rounds
DateStageInvestorsRaisedValuation
Jun 2022Undisclosed stage-$21M$716M
Oct 2021Series BGrand Flight Investment$60M-
Jul 2015Series AQiming 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

Investors in Lanmi by funding rounds participated
InvestorHQRoundsRoleFirst check

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Lanmi Competitors

Lanmi competitors include listed companies like Yunding Technology, HTC and Arlo, and private ones like Perfumeo, Smarter and Petmate.

Public and private companies comparable to Lanmi
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PerfumeoUnited StatesSan Jose, CAPrivate--$450M-
Yunding TechnologyChinaChinaPublicly listed$228M$22M$884M-
HTCTaiwanTaiwanPublicly listed$91M$22M$1B6.9x
SmarterUnited KingdomLondonPrivate--$1.2B-
PetmateUnited StatesSan Francisco, CAPrivate--$420M-
ArloUnited StatesUnited StatesPublicly listed$529M$14M$1.4B2.3x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Funai Soken Holdings$214M$63M2.9x2.7x10.0x10.5x
Bear Electric Appliance$780M$102M0.6x0.6x4.6x5.0x
Sercomm$1.7B$84M0.5x0.4x10.0x8.9x
JS Global Lifestyle Co$1.7B($936K)0.2x-(395.5x)-
Basler$255M$40M3.0x2.5x19.2x13.0x
Catapult$141M$15M4.3x4.0x40.8x20.6x
Queclink$133M$12M4.8x4.2x51.7x29.5x
Roland$649M$54M1.0x1.0x12.2x7.1x

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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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