Xforceplus Valuation, Funding & Investors

Xforceplus is valued at $1B as of June 2021.

Last Xforceplus valuation

$1B

Series C · Jun 2021

Last Xforceplus funding round

$100M

Series C · Jun 2021

Cumulative funding Xforceplus raised

$200M

across 2 funding rounds

Key investors in Xforceplus

  • Temasek
  • Hillhouse Investment
  • Dragoneer
  • Eastern Bell Capital
  • MSA Capital
  • Huaye Tiancheng Capital

Xforceplus Overview

About Xforceplus

Xforceplus is a Beijing-headquartered SaaS provider of cloud-based supply chain collaboration and invoice management solutions. The platform covers supply chain settlement, real-time electronic accounts, tax reporting, analysis, and electronic invoicing. Serving over 100,000 enterprises in China, it boosts tax revenue efficiency, capital flow, and financial security for businesses.


Founded

2015

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1B (Jun 2021)

Xforceplus Valuation

Xforceplus is currently valued at $1B, based on its Series C in June 2021.

The $100M round included Dragoneer, Huatai Securities, Huaye Tiancheng Capital, Zhejiang Silk Road Fund and MSA Capital.

Xforceplus valuation by funding round

Xforceplus valuation by funding round
DateStageValuation
Jun 2021Series C$1B

Xforceplus Funding History

Xforceplus has raised a total of $200M across 2 funding rounds.

Xforceplus' first fundraising round was a $100M Series C in October 2019. The most recent completed round was a $100M Series C in June 2021.

Xforceplus funding rounds

Xforceplus funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2021Series CDragoneer; Huatai Securities; Huaye Tiancheng Capital; Zhejiang Silk Road Fund; MSA Capital$100M$1B-
Oct 2019Series CTemasek (lead); Hillhouse Investment; Eastern Bell Capital$100M-Xforceplus (also referred to as Yunli Information in some sources) is a company that has raised a total of $200M across 7 funding rounds, with its latest being an Incubator/Accelerator round on November 7, 2022.

Who has invested in Xforceplus?

8 investors have backed Xforceplus across its funding rounds, including Temasek, Hillhouse Investment, Dragoneer, Eastern Bell Capital, MSA Capital and Huaye Tiancheng Capital.

Lead investors include Temasek.


Xforceplus Investors

Investors in Xforceplus by funding rounds participated
InvestorHQRoundsRoleFirst check
TemasekSingaporeSingapore1LeadOct 2019
DragoneerUnited StatesSan Francisco, CA1ParticipantJun 2021
Hillhouse InvestmentSingaporeSingapore1ParticipantOct 2019
Huatai SecuritiesChinaNanjing1ParticipantJun 2021
Huaye Tiancheng CapitalChinaShenzhen1ParticipantJun 2021
Zhejiang Silk Road FundChinaHangzhou1ParticipantJun 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Xforceplus

Xforceplus has acquired 1 company to date.

Last acquisition by Xforceplus was on December 10th 2021. Xforceplus acquired PowerE2E for undisclosed valuation.


Latest Acquisitions by Xforceplus

PowerE2E
Description
PowerE2E is a Shanghai-based B2B e-commerce platform for retail EDI services. Serving Carrefour, Metro, and China's top 500 FMCG firms, it handles zero-inventory document exchanges for supermarkets since 2005.
HQ CountryChina
HQ City
Shanghai
Deal Date10 Dec 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Xforceplus Competitors

Xforceplus competitors include listed companies like Arab Sea and Infomart, and private ones like Enable, 51 Credit Card Manager, Altana and Bringg.

Public and private companies comparable to Xforceplus
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Arab SeaSaudi ArabiaSaudi ArabiaPublicly listed$14M($608K)$97M-
EnableUnited StatesSan Francisco, CAPrivate--$1.1B-
51 Credit Card ManagerChinaChinaPrivate$15M-$1B66.7x
AltanaUnited StatesNew York City, NYPrivate-$564M$1B-
BringgIsraelIsraelPrivate--$1B-
InfomartJapanJapanPublicly listed$121M$31M$1.2B8.6x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Fujian Boss Software$299M$40M2.8x2.9x21.1x21.0x
Infomart$121M$31M9.3x8.6x35.9x31.7x
74Software$814M$112M1.9x1.8x13.7x9.8x
New Trend International Logis-Tech$352M$42M1.4x-11.9x-
Teamshares$472M($23M)1.7x1.4x(35.0x)33.2x
Freee$214M$6M6.3x4.8x237.7x65.4x
Huitongda Network$7.8B$112M0.0x0.0x0.3x0.3x

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Common questions about Xforceplus

When was Xforceplus founded?Xforceplus was founded in 2015.
Where is Xforceplus headquartered?Xforceplus is headquartered in Shanghai, China.
Is Xforceplus publicly listed?No, Xforceplus is a private, VC-backed company.
What is Xforceplus' valuation?Xforceplus was last valued at $1B in its Series C in June 2021.
How much funding has Xforceplus raised?Xforceplus has raised $200M across 2 funding rounds.
What was Xforceplus' last funding round?Xforceplus' last funding round was a $100M Series C in June 2021.
Who are Xforceplus' investors?Xforceplus' investors include Temasek, Dragoneer, Hillhouse Investment, Huatai Securities, Huaye Tiancheng Capital, Zhejiang Silk Road Fund, Eastern Bell Capital and MSA Capital.
Which companies are comparable to Xforceplus?Companies comparable to Xforceplus include Arab Sea, Enable, 51 Credit Card Manager, Altana, Bringg and Infomart.
How many companies has Xforceplus acquired?Xforceplus has acquired 1 company, including PowerE2E.

See companies similar to Xforceplus

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