LeVP Valuation, Funding & Investors

LeVP is valued at $1B as of January 2017.

See full LeVP profile

Last LeVP valuation

$1B

Strategic investment · Jan 2017

Last LeVP funding round

$152M

Strategic investment · Jan 2017

Cumulative funding LeVP raised

$240M

across 3 funding rounds

Key investors in LeVP

  • SUNAC
  • Shenzhen Capital Group
  • CHT Capital

LeVP Overview

About LeVP

LeVP is a Beijing-headquartered internet technology subsidiary of LeEco, integrating content, devices, and services across smartphones, smart TVs, electric vehicles, and sports streaming. The platform delivers an ecosystem connecting Leshi Video, LeTV hardware, and LeCloud storage for users in China and select international markets. Formed in 2015, it supports LeEco's cycle of shared hardware-software experiences.


Founded

2011

HQ

ChinaBeijing

Website

le.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1B (Jan 2017)

LeVP Valuation

LeVP is currently valued at $1B, based on its strategic investment round in January 2017.

The $152M round was led by SUNAC.

LeVP's valuation has grown 1.2x from $837M at its Series B in September 2014 to $1B in January 2017, across 2 priced rounds.

LeVP valuation by funding round

LeVP valuation by funding round
DateStageValuation
Jan 2017Strategic investment$1B
Sep 2014Series B$837M

LeVP Funding History

LeVP has raised a total of $240M across 3 funding rounds, plus 1 secondary share sale.

LeVP's first fundraising round was a $33M Series A in August 2013. The most recent completed round was a $152M strategic investment round in January 2017.

LeVP funding rounds

LeVP funding rounds
DateStageInvestorsRaisedValuation
Sep 2018SecondarySUNAC (lead)$78M-
Jan 2017Strategic investmentSUNAC (lead)$152M$1B
Sep 2014Series BCHT Capital (lead)$55M$837M
Aug 2013Series AShenzhen Capital Group (lead)$33M-

Who has invested in LeVP?

3 investors have backed LeVP across its funding rounds, including SUNAC, Shenzhen Capital Group and CHT Capital.

Lead investors include SUNAC, CHT Capital and Shenzhen Capital Group.


LeVP Investors

Investors in LeVP by funding rounds participated
InvestorHQRoundsRoleFirst check
SUNACChinaTianjin2LeadJan 2017

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LeVP Competitors

LeVP competitors include listed companies like Saregama India and Viaplay, and private ones like Atmosphere, ivi, Minute Media and mobli.

Public and private companies comparable to LeVP
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AtmosphereUnited StatesAustin, TXPrivate$25M-$1B40.0x
iviRussiaMoscowPrivate$121M-$1B8.3x
Minute MediaUnited KingdomLondonPrivate$300M-$1B3.3x
mobliIsraelTel AvivPrivate--$1B-
Saregama IndiaIndiaIndiaPublicly listed$100M$36M$979M8.6x
ViaplaySwedenSwedenPublicly listed$1.8B($40M)$631M0.6x

LeVP Public Comps

LeVP is still privately-owned, but its public comps include Toshiba, MNC Digital Entertainment, HTC, Saregama India, iQIYI, New Vision Electronics, FuboTV, Primax Electronics, Skyworth Group and Quest Holdings.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Toshiba$3.7B$146M0.3x0.3x7.4x4.4x
MNC Digital Entertainment$216M$73M4.7x-14.0x-
HTC$91M$22M6.8x6.9x27.7x(6.2x)
Saregama India$100M$36M9.7x8.6x26.8x24.6x
iQIYI$4.1B$2B0.6x0.7x1.3x104.4x
New Vision Electronics$99M($94M)9.5x-(10.0x)-
FuboTV$1.6B($122M)1.9x0.5x(25.2x)23.6x
Primax Electronics$1.9B$140M0.4x0.4x5.3x5.6x

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Common questions about LeVP

When was LeVP founded?LeVP was founded in 2011.
Where is LeVP headquartered?LeVP is headquartered in Beijing, China.
Is LeVP publicly listed?No, LeVP is a private, VC-backed company.
What is LeVP's valuation?LeVP was last valued at $1B in its strategic investment round in January 2017.
How much funding has LeVP raised?LeVP has raised $240M across 3 funding rounds.
What was LeVP's last funding round?LeVP's last funding round was a $152M strategic investment round in January 2017, led by SUNAC.
Who are LeVP's investors?LeVP's investors include SUNAC, Shenzhen Capital Group and CHT Capital.
Which companies are comparable to LeVP?Companies comparable to LeVP include Atmosphere, ivi, Minute Media, mobli, Saregama India and Viaplay.

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