Meiyou Funding, Investors & Competitors

Meiyou has raised $201M across 3 funding rounds, most recently a $151M Series E in August 2016.

Last Meiyou funding round

$151M

Series E · Aug 2016

Cumulative funding Meiyou raised

$201M

across 3 funding rounds

Key investors in Meiyou

  • Matrix Partners China
  • K2VC
  • SIG China (SIG Asia Investments)
  • Cathay Capital Private Equity

Meiyou Overview

About Meiyou

Meiyou is a Xiamen-based developer of a women's health mobile application serving 20 million users. Xiamen Meiyou Information Technology Co., Ltd. delivers menstrual cycle predictions, health analyses, personalized tips, pregnancy mode features, and customized services in beauty, fitness, and wellness. The Her Circle platform enables women to discuss topics and share support in a dedicated community.


Founded

2013

HQ

ChinaXiamen

Website

meiyou.com

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

Meiyou Funding History

Meiyou has raised a total of $201M across 3 funding rounds.

Meiyou's first fundraising round was a $15M Series B in January 2014. The most recent completed round was a $151M Series E in August 2016.

Meiyou funding rounds

Meiyou funding rounds
DateStageInvestorsRaisedDeal Summary
Aug 2016Series EMatrix Partners China; K2VC; Cathay Capital Private Equity$151MMeiyou, based in Xiamen, China, and founded in 2013, is a healthcare company focused on female health applications, operating in a competitive market with rivals like Ovia Health and Aavia. Meiyou, also known as Meet You, It has raised a total of approximately $201 million across 4 funding rounds, with the latest being a Series D of $151 million on August 16, 2016, led by investors including Matrix Partners China, alongside others like K2VC and Cathay Capital Private Equity. Earlier rounds included a Series C of $35 million in January 2014. The company completed at least 8 rounds total, indicating sustained funding interest in the femtech sector. Meiyou pursued an IPO in China in 2020, planning to raise RMB 1.87 billion, but withdrew and considered overseas listing for potentially higher valuations. Its main revenue source is advertising services, with operating income growing from RMB 423 million in 2017 to RMB 617 million in 2019 at a 20.72% CAGR. User metrics later showed growth to 38 million app users and 8.6 million DAUs by 2021.
Jun 2014Series CSIG China (SIG Asia Investments) (lead); Matrix Partners China; K2VC$35M-
Jan 2014Series BMatrix Partners China (lead); K2VC$15M-

Who has invested in Meiyou?

4 investors have backed Meiyou across its funding rounds, including Matrix Partners China, K2VC, SIG China (SIG Asia Investments) and Cathay Capital Private Equity.

Lead investors include SIG China (SIG Asia Investments) and Matrix Partners China.


Meiyou Investors

Investors in Meiyou by funding rounds participated
InvestorHQRoundsRoleFirst check
Matrix Partners ChinaChinaBeijing3LeadJan 2014
K2VCChinaBeijing3ParticipantJan 2014

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Meiyou Competitors

Meiyou competitors include listed companies like Sleep Cycle, Weight Watchers and Keep Inc., and private ones like Tonal, Icon Health Fitness and Doctolib.

Public and private companies comparable to Meiyou
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TonalUnited StatesSan Francisco, CAPrivate--$575M-
Sleep CycleSwedenSwedenPublicly listed$24M$7M$44M1.5x
Weight WatchersUnited StatesUnited StatesPublicly listed$786M($198M)$160M0.7x
Keep Inc.ChinaChinaPublicly listed$244M($8M)$82M-
Icon Health FitnessUnited StatesLogan, UTPrivate$1B-$7B7.0x
DoctolibFranceParisPrivate$400M-$6.4B16.0x

Meiyou Public Comps

Meiyou is still privately-owned, but its public comps include Meta, Garmin, Bending Spoons, Kakao, Match Group, Kunlun, Duolingo, Life360, Technogym and Strive.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Meta$201B$104B8.8x7.4x17.0x12.7x
Garmin$7.2B$2.1B7.0x6.4x24.4x21.7x
Bending Spoons$2.6B$520M11.0x-54.9x-
Kakao$5.9B$1.1B0.9x0.9x4.8x4.1x
Match Group$3.5B$939M3.7x3.7x13.9x10.0x
Kunlun$1.2B($230M)6.8x5.7x(36.1x)(111.2x)
Duolingo$1B$152M5.4x4.9x37.3x17.9x
Life360$489M$32M6.4x5.0x97.0x25.6x

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Common questions about Meiyou

When was Meiyou founded?Meiyou was founded in 2013.
Where is Meiyou headquartered?Meiyou is headquartered in Xiamen, China.
Is Meiyou publicly listed?No, Meiyou is a private, VC-backed company.
How much funding has Meiyou raised?Meiyou has raised $201M across 3 funding rounds.
What was Meiyou's last funding round?Meiyou's last funding round was a $151M Series E in August 2016.
Who are Meiyou's investors?Meiyou's investors include Matrix Partners China, K2VC, SIG China (SIG Asia Investments) and Cathay Capital Private Equity.
Which companies are comparable to Meiyou?Companies comparable to Meiyou include Tonal, Sleep Cycle, Weight Watchers, Keep Inc., Icon Health Fitness and Doctolib.

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