Yaochufa Valuation, Funding & Investors

Yaochufa is valued at $155M as of August 2014.

Last Yaochufa valuation

$155M

Series C · Aug 2014

Last Yaochufa funding round

$85M

Series D · Apr 2016

Cumulative funding Yaochufa raised

$128M

across 3 funding rounds

Key investors in Yaochufa

  • Vertex Ventures
  • Sinovation Ventures
  • Vertex Ventures China
  • HSG
  • Tiantu Capital
  • New China Capital Management

Yaochufa Overview

About Yaochufa

Yaochufa is a China-based travel company founded in October 2011, providing one-to-five-day package tours centered on major cities like Beijing and Shanghai. Packages bundle 4-5 star resorts, specialty restaurants, and attraction tickets starting from 2000 RMB, tailored for family and parent-child trips covering neighboring provinces.


Founded

2011

HQ

ChinaGuangzhou

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$155M (Aug 2014)

Yaochufa Valuation

Yaochufa is currently valued at $155M, based on its Series C in August 2014.

The $35M round was led by HSG, with participation from Vertex Ventures, Sinovation Ventures, Vertex Ventures China and Tiantu Capital.

Yaochufa valuation by funding round

Yaochufa valuation by funding round
DateStageValuation
Aug 2014Series C$155M

Yaochufa Funding History

Yaochufa has raised a total of $128M across 3 funding rounds.

Yaochufa's first fundraising round was a $8M Series B in September 2013. The most recent completed round was a $85M Series D in April 2016.

Yaochufa funding rounds

Yaochufa funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2016Series DNew China Capital Management; UTour Group; Tongchuang Jinding Investment Management$85M-Yaochufa is a Chinese short-distance travel service platform based in Guangzhou, founded in 2011, that enables users to book local tourist attractions and weekend getaways. In April 2016, it raised RMB550 million (approximately US$85 million) in a Series D funding round from investors including Beijing UTour, New China Capital Management, and Tongchuang Jinding Investment Management. The platform had previously accumulated total funding of $128M by that point. Yaochufa operated in the competitive online travel sector, focusing on niche local and short-haul trips amid a broader landscape of travel startups raising significant capital in 2016.
Aug 2014Series CHSG (lead); Vertex Ventures; Sinovation Ventures; Vertex Ventures China; Tiantu Capital$35M$155M-
Sep 2013Series BVertex Ventures; Sinovation Ventures; Vertex Ventures China$8M--

Who has invested in Yaochufa?

8 investors have backed Yaochufa across its funding rounds, including Vertex Ventures, Sinovation Ventures, Vertex Ventures China, HSG, Tiantu Capital and New China Capital Management.

Lead investors include HSG.


Yaochufa Investors

Investors in Yaochufa by funding rounds participated
InvestorHQRoundsRoleFirst check
Vertex VenturesSingaporeSingapore2ParticipantSep 2013
Sinovation VenturesChinaBeijing2ParticipantSep 2013
Vertex Ventures ChinaChinaBeijing2ParticipantSep 2013
New China Capital ManagementChinaBeijing1ParticipantApr 2016
UTour GroupChinaBeijing1ParticipantApr 2016
Tiantu CapitalChinaChina1ParticipantAug 2014

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Yaochufa Competitors

Yaochufa competitors include listed companies like Bytetravel, Yatra Online, Hostelworld Group and lastminute.com, and private ones like Spotnana and eTravel.

Public and private companies comparable to Yaochufa
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BytetravelSpainSpainPublicly listed$22M$646K$141M-
Yatra OnlineIndiaIndiaPublicly listed$99M$9M$171M1.6x
Hostelworld GroupIrelandIrelandPublicly listed$108M$21M$182M1.5x
lastminute.comSwitzerlandSwitzerlandPublicly listed$416M$45M$125M-
SpotnanaUnited StatesNew York City, NYPrivate$24M-$319M13.3x
eTravelPolandWarsawPrivate--$60M-

Yaochufa Public Comps

Yaochufa is still privately-owned, but its public comps include CVC Brasil, HomeToGo, Helloworld Travel, Bytetravel, Yatra Online, Modetour Network, Hostelworld Group, lastminute.com, Ten Lifestyle Group and Eldan Car Rental.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CVC Brasil$289M$93M0.8x0.7x2.4x2.3x
HomeToGo$294M($83M)0.5x0.3x(1.7x)4.2x
Helloworld Travel$144M$19M0.8x0.7x5.9x2.6x
Bytetravel$22M$646K6.1x-210.4x-
Yatra Online$99M$9M1.7x1.6x20.1x19.4x
Modetour Network$153M$9M0.5x0.5x8.6x11.1x
Hostelworld Group$108M$21M1.6x1.5x8.6x7.0x
lastminute.com$416M$45M----

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Common questions about Yaochufa

When was Yaochufa founded?Yaochufa was founded in 2011.
Where is Yaochufa headquartered?Yaochufa is headquartered in Guangzhou, China.
Is Yaochufa publicly listed?No, Yaochufa is a private, VC-backed company.
What is Yaochufa's valuation?Yaochufa was last valued at $155M in its Series C in August 2014.
How much funding has Yaochufa raised?Yaochufa has raised $128M across 3 funding rounds.
What was Yaochufa's last funding round?Yaochufa's last funding round was a $85M Series D in April 2016.
Who are Yaochufa's investors?Yaochufa's investors include Vertex Ventures, Sinovation Ventures, Vertex Ventures China, New China Capital Management, UTour Group, Tiantu Capital, Tongchuang Jinding Investment Management and HSG.
Which companies are comparable to Yaochufa?Companies comparable to Yaochufa include Bytetravel, Yatra Online, Hostelworld Group, lastminute.com, Spotnana and eTravel.

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