- Companies
- Xforceplus
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jun 2021 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series C | Dragoneer; Huatai Securities; Huaye Tiancheng Capital; Zhejiang Silk Road Fund; MSA Capital | $100M | $1B | - |
| Oct 2019 | Series C | Temasek (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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Oct 2019 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
This data is available for Pro users. Sign up to see all 8 Xforceplus 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 TrialAcquisitions 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
| 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 Country | |
| HQ City | Shanghai |
| Deal Date | 10 Dec 2021 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Xforceplus acquisitions and their M&A valuation multiples. Start Free Trial | |
Xforceplus Competitors
Xforceplus competitors include listed companies like Arab Sea and Infomart, and private ones like Enable, 51 Credit Card Manager, Altana and Bringg.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $14M | ($608K) | $97M | - | ||
| Private | - | - | $1.1B | - | ||
| Private | $15M | - | $1B | 66.7x | ||
| Private | - | $564M | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $121M | $31M | $1.2B | 8.6x |
Xforceplus Public Comps
Xforceplus is still privately-owned, but its public comps include GuoChuang Software, Fujian Boss Software, Infomart, 74Software, New Trend International Logis-Tech, Teamshares, Freee, Huitongda Network, KSEC Intelligent Technooogy and Miroku Jyoho Service.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $220M | ($17M) | 4.8x | - | (60.4x) | - | |||
| $299M | $40M | 2.8x | 2.9x | 21.1x | 21.0x | |||
| $121M | $31M | 9.3x | 8.6x | 35.9x | 31.7x | |||
| $814M | $112M | 1.9x | 1.8x | 13.7x | 9.8x | |||
| $352M | $42M | 1.4x | - | 11.9x | - | |||
| $472M | ($23M) | 1.7x | 1.4x | (35.0x) | 33.2x | |||
| $214M | $6M | 6.3x | 4.8x | 237.7x | 65.4x | |||
| $7.8B | $112M | 0.0x | 0.0x | 0.3x | 0.3x | |||
This data is available for Pro users. Sign up to see all Xforceplus competitors and their valuation data. Start Free Trial | ||||||||
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
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




