- Companies
- Orvibo
Orvibo Funding, Investors & Competitors
Orvibo has raised $207M across 5 funding rounds, most recently a $157M undisclosed-stage round in January 2022.
Last Orvibo funding round
$157M
Undisclosed stage · Jan 2022
Cumulative funding Orvibo raised
$207M
across 5 funding rounds
Key investors in Orvibo
SAIF Partners
Legend Star
Comet Labs
Huasheng Capital
Red Star Macalline Group
Midea Group
Topband
About Orvibo
Orvibo is a Shenzhen-based smart home company producing Zigbee-enabled devices including smart gateways, lights, switches, curtains, and visual doorbells integrated with cloud platforms. The product lineup supports TCP/IP protocols for remote control via mobile apps and connects thousands of IoT terminals. Orvibo supplies components to appliance makers and partners with chipmakers Marvell, Texas Instruments, and STMicroelectronics for security and lighting solutions. Founded in 2012, it operates factories in China serving global markets.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Orvibo Funding History
Orvibo has raised a total of $207M across 5 funding rounds.
Orvibo's first fundraising round was a $2M Series A in March 2014. The most recent completed round was a $157M undisclosed-stage round in January 2022.
Orvibo funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2022 | Undisclosed stage | Huasheng Capital | $157M | Orvibo operates in the smart home sector. Orvibo received $157.7M in funding involving Huasheng Capital (also listed as Fusen-Noble House), Pingxiang State-owned Assets, Sophia Home Furnishing, Tencent, and undisclosed investors. |
| May 2019 | Series C | SAIF Partners; Red Star Macalline Group; Midea Group; Legend Star | $19M | - |
| Oct 2016 | Series B | Topband (lead) | $16M | Orvibo, a Chinese smart home solutions provider, raised $16 million (RMB110 million) in a Series B funding round on October 28, 2016, led by Shenzhen-listed Topband. This round is part of Orvibo's overall funding history, which totals $205.35M across 7 rounds as of the latest data. |
| Feb 2015 | Series A | Legend Star (lead); Comet Labs | $13M | Orvibo, a China-based smart home technology supplier founded in 2011, manufactures connected household appliances such as light switches, plug sockets, and door locking systems. The company closed a $12.6 million series A-plus round in 2015 with investors including Legend Star, an early-stage fund of Legend Holdings, MediaTek, and Tiger Cub Equity Investment Fund. This followed a series A round in 2014 with approximately $1.5 million from SAIF Partners. Orvibo continued fundraising with a $16 million series B in 2016 led by Shenzhen Topband and backed by SAIF Partners, followed by a series C round of RMB 130 million ($18.8 million) in 2019 co-led by Midea Real Estate and Red Star Macalline, bringing total funding to nearly $48 million at that point. The company serves individual consumers and corporate clients including hotels and real estate developers like CIFI Group, Country Garden, and China Merchants Property, with products in over 100 residential complexes. |
| Mar 2014 | Series A | SAIF Partners (lead) | $2M | - |
Who has invested in Orvibo?
7 investors have backed Orvibo across its funding rounds, including SAIF Partners, Legend Star, Comet Labs, Huasheng Capital, Red Star Macalline Group and Midea Group.
Lead investors include Topband, Legend Star and SAIF Partners.
Orvibo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2014 | ||
| 2 | Lead | Feb 2015 | ||
| 1 | Participant | May 2019 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Feb 2015 | ||
This data is available for Pro users. Sign up to see all 7 Orvibo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialOrvibo Competitors
Orvibo competitors include listed companies like Lite-On Technology, Shenzhen Sunway and EZVIZ Network, and private ones like Smarter, Lanmi and Perfumeo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $5.2B | $700M | $20B | 2.9x | ||
| Publicly listed | $1.3B | $230M | $8.3B | 5.7x | ||
| Publicly listed | $880M | $103M | $3.3B | 2.8x | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $716M | - | ||
| Private | - | - | $450M | - |
Orvibo Public Comps
Orvibo is still privately-owned, but its public comps include Apple, Samsung, Dell, Sony, Xiaomi, Johnson Controls, Panasonic, Nintendo, Lenovo and Garmin.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $416B | $144B | 11.9x | 10.4x | 34.2x | 29.4x | |||
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $80B | $17B | 1.8x | 1.7x | 8.5x | 8.9x | |||
| $68B | $8.4B | 1.1x | 1.1x | 8.7x | 13.8x | |||
| $24B | $3B | 4.0x | 3.7x | 31.0x | 20.0x | |||
| $52B | $1.5B | 1.3x | 1.4x | 45.5x | 13.0x | |||
| $15B | $3.5B | 3.3x | 3.3x | 14.0x | 18.1x | |||
This data is available for Pro users. Sign up to see all Orvibo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Orvibo
| When was Orvibo founded? | Orvibo was founded in 2011. |
| Where is Orvibo headquartered? | Orvibo is headquartered in Shenzhen, China. |
| Is Orvibo publicly listed? | No, Orvibo is a private, VC-backed company. |
| How much funding has Orvibo raised? | Orvibo has raised $207M across 5 funding rounds. |
| What was Orvibo's last funding round? | Orvibo's last funding round was a $157M undisclosed-stage round in January 2022. |
| Who are Orvibo's investors? | Orvibo's investors include SAIF Partners, Legend Star, Red Star Macalline Group, Huasheng Capital, Comet Labs, Topband and Midea Group. |
| Which companies are comparable to Orvibo? | Companies comparable to Orvibo include Lite-On Technology, Shenzhen Sunway, EZVIZ Network, Smarter, Lanmi and Perfumeo. |
See companies similar to Orvibo
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




