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- Mancando
Mancando Funding, Investors & Competitors
Mancando has raised $114M across 4 funding rounds, most recently a $57M Series B in June 2020.
Last Mancando funding round
$57M
Series B · Jun 2020
Cumulative funding Mancando raised
$114M
across 4 funding rounds
Key investors in Mancando
Legend Capital
Eastern Bell Capital
Galaxy Capital
Oriza Fund of Funds
Xianghe Capital
Huasheng Capital
Mancando Overview
About Mancando
Mancando is a Guangzhou-headquartered e-commerce platform launched in 2015 that supplies automotive aftermarket parts including brake pads, filters, and belts to repair shops across China. The company connects over 10,000 suppliers with 500,000 registered mechanics via its app, offering same-day delivery in Guangdong province. Mancando processes 1 million orders annually through its inventory management system integrated with WeChat Pay.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Mancando Funding History
Mancando has raised a total of $114M across 4 funding rounds.
Mancando's first fundraising round was a $5M Series A in June 2018. The most recent completed round was a $57M Series B in June 2020.
Mancando funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jun 2020 | Series B | Huasheng Capital (lead); Xianghe Capital; Oriza Fund of Funds | $57M |
| Sep 2019 | Series A | Legend Capital (lead); Galaxy Capital; Oriza Fund of Funds; Eastern Bell Capital | $28M |
| Feb 2019 | Series A | Eastern Bell Capital (lead); Legend Capital | $25M |
| Jun 2018 | Series A | Galaxy Capital (lead) | $5M |
Who has invested in Mancando?
6 investors have backed Mancando across its funding rounds, including Legend Capital, Eastern Bell Capital, Galaxy Capital, Oriza Fund of Funds, Xianghe Capital and Huasheng Capital.
Lead investors include Huasheng Capital, Legend Capital, Eastern Bell Capital and Galaxy Capital.
Mancando Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2018 | ||
| 2 | Participant | Sep 2019 | ||
| 2 | Lead | Feb 2019 | ||
| 2 | Lead | Feb 2019 | ||
This data is available for Pro users. Sign up to see all 6 Mancando investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialMancando Competitors
Mancando competitors include listed companies like Alibaba Group and Eaton, and private ones like Dutchie, GrubMarket, Infra.Market and Moglix.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $153B | $15B | $266B | 1.6x | ||
| Private | $45M | - | $3.8B | 83.3x | ||
| Private | - | - | $3.5B | - | ||
| Private | $1B | - | $2.8B | - | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $27B | $6.2B | $159B | 5.7x |
Mancando Public Comps
Mancando is still privately-owned, but its public comps include Alibaba Group, Eaton, Mitsubishi, Illinois Tool Works, Carvana, Mahindra & Mahindra, Heico, Denso, Bridgestone and Michelin.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
| $27B | $6.2B | 6.5x | 5.7x | 29.1x | 24.2x | |||
| $122B | $8.7B | 1.2x | 1.2x | 17.2x | 21.8x | |||
| $16B | $4.6B | 5.3x | 5.1x | 18.4x | 17.6x | |||
| $20B | ($110M) | 3.7x | 2.9x | (691.4x) | 27.7x | |||
| $20B | $4.1B | 2.4x | 3.0x | 11.9x | 21.7x | |||
| $4.5B | $1.2B | 8.5x | 7.2x | 31.2x | 25.2x | |||
| $48B | $6.1B | 0.7x | 0.7x | 5.2x | 5.5x | |||
This data is available for Pro users. Sign up to see all Mancando competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Mancando
| When was Mancando founded? | Mancando was founded in 2015. |
| Where is Mancando headquartered? | Mancando is headquartered in Guangzhou, China. |
| Is Mancando publicly listed? | No, Mancando is a private, VC-backed company. |
| How much funding has Mancando raised? | Mancando has raised $114M across 4 funding rounds. |
| What was Mancando's last funding round? | Mancando's last funding round was a $57M Series B in June 2020, led by Huasheng Capital. |
| Who are Mancando's investors? | Mancando's investors include Galaxy Capital, Oriza Fund of Funds, Legend Capital, Eastern Bell Capital, Xianghe Capital and Huasheng Capital. |
| Which companies are comparable to Mancando? | Companies comparable to Mancando include Alibaba Group, Dutchie, GrubMarket, Infra.Market, Moglix and Eaton. |
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