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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2017 | Strategic investment | $1B |
| Sep 2014 | Series 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
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Sep 2018 | Secondary | SUNAC (lead) | $78M | - |
| Jan 2017 | Strategic investment | SUNAC (lead) | $152M | $1B |
| Sep 2014 | Series B | CHT Capital (lead) | $55M | $837M |
| Aug 2013 | Series A | Shenzhen 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2017 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialLeVP Competitors
LeVP competitors include listed companies like Saregama India and Viaplay, and private ones like Atmosphere, ivi, Minute Media and mobli.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $25M | - | $1B | 40.0x | ||
| Private | $121M | - | $1B | 8.3x | ||
| Private | $300M | - | $1B | 3.3x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $100M | $36M | $979M | 8.6x | ||
| Publicly listed | $1.8B | ($40M) | $631M | 0.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.7B | $146M | 0.3x | 0.3x | 7.4x | 4.4x | |||
| $216M | $73M | 4.7x | - | 14.0x | - | |||
| $91M | $22M | 6.8x | 6.9x | 27.7x | (6.2x) | |||
| $100M | $36M | 9.7x | 8.6x | 26.8x | 24.6x | |||
| $4.1B | $2B | 0.6x | 0.7x | 1.3x | 104.4x | |||
| $99M | ($94M) | 9.5x | - | (10.0x) | - | |||
| $1.6B | ($122M) | 1.9x | 0.5x | (25.2x) | 23.6x | |||
| $1.9B | $140M | 0.4x | 0.4x | 5.3x | 5.6x | |||
This data is available for Pro users. Sign up to see all LeVP competitors and their valuation data. Start Free Trial | ||||||||
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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