Yunmanman Valuation, Funding & Investors

Yunmanman is valued at $1B as of July 2016.

Last Yunmanman valuation

$1B

Series C · Jul 2016

Last Yunmanman funding round

$120M

Series D · Nov 2017

Cumulative funding Yunmanman raised

$285M

across 4 funding rounds

Key investors in Yunmanman

  • Lightspeed China Partners
  • Tiger Global
  • HSG
  • GGV Capital
  • YF Capital
  • Xianghe Capital

Yunmanman Overview

About Yunmanman

Yunmanman is a Shanghai-headquartered mobile application serving China's road freight and logistics sector. Headquartered in Jiading Industrial Zone, the platform connects shippers with truckers via real-time matching for full-truckload shipments. It offers transaction processing for over 1 million monthly listings, digital contracts, and payment escrow. Developed by Shanghai Yunmanman Information Consulting, the app covers dry van, reefer, and flatbed capacities across major highways.


Founded

2013

HQ

ChinaNanjing

Website

ymm56.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission, Subscription

Valuation

$1B (Jul 2016)

Yunmanman Valuation

Yunmanman is currently valued at $1B, based on its Series C in July 2016.

Yunmanman valuation by funding round

Yunmanman valuation by funding round
DateStageValuation
Jul 2016Series C$1B

Yunmanman Funding History

Yunmanman has raised a total of $285M across 4 funding rounds.

Yunmanman's first fundraising round was a $5M Series A in March 2014. The most recent completed round was a $120M Series D in November 2017.

Yunmanman funding rounds

Yunmanman funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2017Series DTiger Global (lead)$120M-Yunmanman is a freight transportation and logistics mobile app operator in China. Tiger Global (referred to as Tiger Management Corp.) reportedly led a US$120 million D3 funding round for Yunmanman around November 20, 2017. Shortly after, in late November 2017, Yunmanman merged with peer Huochebang to form Manbang, a truck-hailing platform that matches drivers with cargo needs using AI, and the combined entity reportedly reached profitability. Manbang, post-merger, operated an app-based service plotting optimal routes and taking a fee cut.
Dec 2016Series DGGV Capital (lead); Xianghe Capital (lead); Lightspeed China Partners; YF Capital; HSG$110M-Yunmanman, a Beijing-based internet-based cargo dispatcher, raised $110 million in new funding in December 2016, one of the largest investments in information technology-enabled freight matching services at that time. The company operated a digital platform that matched drivers with cargo transportation needs, generating revenue through service fees. Later sources indicate that Yunmanman merged with Huochebang in November 2017 to form Manbang, which was valued at approximately $12 billion in a subsequent round.
Jul 2016Series C-$50M$1BYunmanman is a high-tech cargo dispatcher and digital freight platform in China, connecting truck drivers to 3PLs and shippers via a mobile app, founded in 2013. It competed with Huochebang in the online truck logistics market. By August 2015, Yunmanman achieved a valuation of over $1 billion. In December 2016, it secured a $110 million funding round, with another follow-up round over $100 million underway at that time. The company raised significant capital from investors including Sequoia Capital, Yunfeng Capital, and Lightspeed China Partners across multiple rounds in the prior years. Yunmanman and Huochebang merged to form Manbang Group in 2017, which later raised large rounds including $1.9B led by SoftBank. The Chinese digital freight matching sector was nascent, with investors bullish on logistics-internet integration.
Mar 2014Series ALightspeed China Partners (lead)$5M-Yunmanman raised a total of $340.65M across 8 funding rounds from 6 investors, including Lightspeed China Partners. Lightspeed China Partners participated in one of Yunmanman's rounds, though specific dates are not detailed beyond early investments listed as 00/00/0000. The company launched at the end of 2013 and early 2014 alongside Huochebang, with investors including Lightspeed China Partners I, L.P. Yunmanman later underwent a merger on November 27, 2017, at a valuation of $800M, and merged with Huochebang to form Full Truck Alliance.

Who has invested in Yunmanman?

6 investors have backed Yunmanman across its funding rounds, including Lightspeed China Partners, Tiger Global, HSG, GGV Capital, YF Capital and Xianghe Capital.

Lead investors include Tiger Global, GGV Capital, Xianghe Capital and Lightspeed China Partners.


Yunmanman Investors

Investors in Yunmanman by funding rounds participated
InvestorHQRoundsRoleFirst check
Lightspeed China PartnersChinaShanghai2LeadMar 2014
YF CapitalChinaShanghai1ParticipantDec 2016
Xianghe CapitalChinaBeijing1LeadDec 2016
Tiger GlobalUnited StatesNew York City, NY1LeadNov 2017

This data is available for Pro users. Sign up to see all 6 Yunmanman 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 Trial

Yunmanman Competitors

Yunmanman competitors include listed companies like Transfar Zhilian Co and GuoChuang Software, and private ones like Neovia Logistics Services, ShipBob, YH Global and YunQuNa.

Public and private companies comparable to Yunmanman
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Neovia Logistics ServicesUnited KingdomLeicesterPrivate--$1B-
ShipBobUnited StatesUnited StatesPrivate--$1B-
YH GlobalChinaShenzhenPrivate--$1B-
YunQuNaChinaShanghaiPrivate--$1B-
Transfar Zhilian CoChinaChinaPublicly listed$3.7B$258M$1.9B1.3x
GuoChuang SoftwareChinaChinaPublicly listed$220M($17M)$960M-

Yunmanman Public Comps

Yunmanman is still privately-owned, but its public comps include Hangzhou SF Intra-City, Keytop Parking, Reysaş Lojistik, CTT Correios de Portugal, GuoChuang Software, Beijing eGova, Jiangsu Tongxingbao, JSTI, Marten Transport and Prosegur Cash.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Hangzhou SF Intra-City$3.4B$54M0.2x0.2x11.8x8.4x
Keytop Parking$124M$29M7.5x-32.3x-
Reysaş Lojistik$257M$142M4.8x-8.6x-
CTT Correios de Portugal$1.4B$202M----
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Beijing eGova$90M($52M)8.4x-(14.5x)-
Jiangsu Tongxingbao$159M$47M2.7x-9.2x-
JSTI$622M$30M1.6x1.7x32.7x13.8x

This data is available for Pro users. Sign up to see all Yunmanman competitors and their valuation data.

Start Free Trial

Common questions about Yunmanman

When was Yunmanman founded?Yunmanman was founded in 2013.
Where is Yunmanman headquartered?Yunmanman is headquartered in Nanjing, China.
Is Yunmanman publicly listed?No, Yunmanman is a private, VC-backed company.
What is Yunmanman's valuation?Yunmanman was last valued at $1B in its Series C in July 2016.
How much funding has Yunmanman raised?Yunmanman has raised $285M across 4 funding rounds.
What was Yunmanman's last funding round?Yunmanman's last funding round was a $120M Series D in November 2017, led by Tiger Global.
Who are Yunmanman's investors?Yunmanman's investors include Lightspeed China Partners, YF Capital, Xianghe Capital, Tiger Global, GGV Capital and HSG.
Which companies are comparable to Yunmanman?Companies comparable to Yunmanman include Neovia Logistics Services, ShipBob, YH Global, YunQuNa, Transfar Zhilian Co and GuoChuang Software.

See companies similar to Yunmanman

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial