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- Letu
Letu Valuation, Funding & Investors
Letu is valued at $1.1B as of November 2020.
Last Letu valuation
$1.1B
Series A · Nov 2020
Last Letu funding round
$30M
Series A · Nov 2020
Cumulative funding Letu raised
$30M
across 1 funding round
Key investors in Letu
CICC Capital
Letu Overview
About Letu
Letu is a drug research and development manufacturer building a precision medicine ecosystem encompassing biological drugs, intelligent manufacturing, genetic testing, and medical services in China.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.1B (Nov 2020)
Letu Valuation
Letu is currently valued at $1.1B, based on its Series A in November 2020.
The $30M round was led by CICC Capital.
Letu valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2020 | Series A | $1.1B |
Letu Funding History
Letu has raised a total of $30M across 1 funding round.
Letu funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Nov 2020 | Series A | CICC Capital (lead) | $30M | $1.1B |
Who has invested in Letu?
1 investor has backed Letu across its funding rounds, including CICC Capital.
Lead investors include CICC Capital.
Letu Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Letu investors. Start Free Trial | ||||
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Start Free TrialLetu Competitors
Letu competitors include listed companies like Viyash Scientific and Akums Drugs and Pharma, and private ones like Belief BioMed, BDR Pharma, Sonoma Biotherapeutics and BioRay Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $353M | $67M | $1B | 2.7x | ||
| Publicly listed | $447M | $54M | $1.2B | 2.1x | ||
| Private | - | - | $1.3B | - | ||
| Private | $155M | $52M | $949M | 6.1x | ||
| Private | - | - | $732M | - | ||
| Private | $131M | - | $1.9B | 14.5x |
Letu Public Comps
Letu is still privately-owned, but its public comps include Chengdu Easton, Immatics, TOWA Pharmaceutical, HBM Holdings, InventisBio, SpyGlass Pharma, Vetoquinol, Jiangxi Fushine Pharma, Janux Therapeutics and Aurisco Pharmaceutical.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $200M | $57M | 4.3x | 4.2x | 15.1x | 14.2x | |||
| $54M | ($226M) | 12.3x | 14.8x | (2.9x) | (2.5x) | |||
| $1.7B | $241M | 1.3x | 1.2x | 9.5x | 7.3x | |||
| $158M | $86M | 5.1x | 3.7x | 9.4x | 8.4x | |||
| $6M | ($49M) | 157.5x | 51.5x | (18.0x) | (20.5x) | |||
| - | ($42M) | - | - | (20.0x) | (12.1x) | |||
| $588M | $124M | 1.5x | 1.4x | 6.9x | 6.7x | |||
| $178M | $25M | 6.8x | 3.9x | 49.7x | 9.9x | |||
This data is available for Pro users. Sign up to see all Letu competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Letu
| When was Letu founded? | Letu was founded in 2016. |
| Where is Letu headquartered? | Letu is headquartered in Shenzhen, China. |
| Is Letu publicly listed? | No, Letu is a private, VC-backed company. |
| What is Letu's valuation? | Letu was last valued at $1.1B in its Series A in November 2020. |
| How much funding has Letu raised? | Letu has raised $30M across 1 funding round. |
| What was Letu's last funding round? | Letu's last funding round was a $30M Series A in November 2020, led by CICC Capital. |
| Who are Letu's investors? | Letu's investors include CICC Capital. |
| Which companies are comparable to Letu? | Companies comparable to Letu include Viyash Scientific, Akums Drugs and Pharma, Belief BioMed, BDR Pharma, Sonoma Biotherapeutics and BioRay Pharmaceuticals. |
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