Shumei Technology Funding, Investors & Competitors

Shumei Technology has raised $208M across 2 funding rounds, most recently a $135M Series D in April 2021.

Last Shumei Technology funding round

$135M

Series D · Apr 2021

Cumulative funding Shumei Technology raised

$208M

across 2 funding rounds

Key investors in Shumei Technology

  • Tencent
  • Xianghe Capital
  • Matrix Partners China
  • Shunwei Capital
  • Baidu Ventures
  • CPE
  • Crystal Stream Capital
  • HOPU Investment Management Company

Shumei Technology Overview

About Shumei Technology

Shumei Technology is a Beijing-headquartered provider of AI-driven risk control solutions for e-commerce and financial services firms in China. The SaaS platform detects fraud in real-time using device fingerprinting, behavioral biometrics, and machine learning models trained on billions of transactions. Deployments serve clients like JD.com and Ant Group for anti-money laundering, credit scoring, and content moderation.


Founded

2015

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Shumei Technology Funding History

Shumei Technology has raised a total of $208M across 2 funding rounds.

Shumei Technology's first fundraising round was a $73M Series C in January 2020. The most recent completed round was a $135M Series D in April 2021.

Shumei Technology funding rounds

Shumei Technology funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2021Series DMatrix Partners China; CPE; Xianghe Capital; Tencent; HOPU Investment Management Company; Jingwei Investments$135MShumei Technology is an AI-based business risk control solutions provider for companies and organizations, headquartered in Beijing, China. The company completed a Series D funding round on April 21, 2021, raising $135 million led by investors including CPE, HOPU Investment Management Company, Jingwei Investments, Matrix Partners China, Tencent, and Xianghe Capital. This round contributed to total funding of approximately $218 million across three rounds. The funding supports strategic expansion, product development, market penetration, and operational scaling.
Jan 2020Series CXianghe Capital; Shunwei Capital; Tencent; Crystal Stream Capital; Baidu Ventures$73M-

Who has invested in Shumei Technology?

9 investors have backed Shumei Technology across its funding rounds, including Tencent, Xianghe Capital, Matrix Partners China, Shunwei Capital, Baidu Ventures and CPE.


Shumei Technology Investors

Investors in Shumei Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Xianghe CapitalChinaBeijing2ParticipantJan 2020
TencentChinaShenzhen2ParticipantJan 2020
Matrix Partners ChinaChinaBeijing1ParticipantApr 2021
CPEChinaBeijing1ParticipantApr 2021
Shunwei CapitalChinaBeijing1ParticipantJan 2020
HOPU Investment Management CompanyChinaBeijing1ParticipantApr 2021
Crystal Stream CapitalChinaBeijing1ParticipantJan 2020

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Shumei Technology Competitors

Shumei Technology competitors include listed companies like SAP, Range Intelligent and Tempus AI, and private ones like Scale AI, Helsing and Genesys.

Public and private companies comparable to Shumei Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SAPGermanyGermanyPublicly listed$42B$13B$248B5.4x
Scale AIUnited StatesSan Francisco, CAPrivate$2B-$29B14.5x
HelsingGermanyMunichPrivate$502M-$18B35.9x
Range IntelligentChinaChinaPublicly listed$846M$803M$15B16.0x
GenesysUnited StatesSan Francisco, CAPrivate$2.1B$900M$15B7.1x
Tempus AIUnited StatesUnited StatesPublicly listed$1.3B($131M)$15B10.1x

Shumei Technology Public Comps

Shumei Technology is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Adobe, Datadog, Moody's, Workday, MongoDB and Range Intelligent.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
SAP$42B$13B5.8x5.4x18.4x17.1x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Moody's$7.7B$3.8B11.2x10.6x22.5x20.1x
Workday$9.6B$1.2B5.1x4.7x42.0x14.2x

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Common questions about Shumei Technology

When was Shumei Technology founded?Shumei Technology was founded in 2015.
Where is Shumei Technology headquartered?Shumei Technology is headquartered in Beijing, China.
Is Shumei Technology publicly listed?No, Shumei Technology is a private, VC-backed company.
How much funding has Shumei Technology raised?Shumei Technology has raised $208M across 2 funding rounds.
What was Shumei Technology's last funding round?Shumei Technology's last funding round was a $135M Series D in April 2021.
Who are Shumei Technology's investors?Shumei Technology's investors include Xianghe Capital, Tencent, Matrix Partners China, CPE, Shunwei Capital, HOPU Investment Management Company, Crystal Stream Capital, Baidu Ventures and Jingwei Investments.
Which companies are comparable to Shumei Technology?Companies comparable to Shumei Technology include SAP, Scale AI, Helsing, Range Intelligent, Genesys and Tempus AI.

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