Zaihui Funding, Investors & Competitors

Zaihui has raised $276M across 5 funding rounds, most recently a $200M Series D in January 2022.

Last Zaihui funding round

$200M

Series D · Jan 2022

Cumulative funding Zaihui raised

$276M

across 5 funding rounds

Key investors in Zaihui

  • ZhenFund
  • Lightspeed Venture Partners
  • DCM Ventures
  • Lightspeed China Partners
  • SoftBank Group
  • B Capital
  • BAI capital
  • YF Capital

Zaihui Overview

About Zaihui

Zaihui is a China-headquartered SaaS platform offering marketing automation for local businesses through member management, loyalty incentives, and value extraction tools. Launched in 2015, it supports intelligent precision campaigns,积分 marketing, stored-value programs, anniversary promotions, staff performance tracking, themed activities, and brand enhancement services.


Founded

2015

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Zaihui Funding History

Zaihui has raised a total of $276M across 5 funding rounds.

Zaihui's first fundraising round was a $1M seed round in July 2015. The most recent completed round was a $200M Series D in January 2022.

Zaihui funding rounds

Zaihui funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2022Series DSunshine Insurance Group; SoftBank Group; Borun Capital; B Capital$200M-
Oct 2019Series CLightspeed China Partners; YF Capital; Ceyuan Ventures$50MZaihui is a Shanghai-based provider of marketing automation software that raised $50 million in Series C funding from Ceyuan Ventures, Lightspeed China Partners, and YF Capital in 2019. The company operates in China's agrifood startup ecosystem, which saw significant investment activity in 2019 with the In-Store Retail & Restaurant Tech category receiving $424 million across 22 deals. While the Series C round was one of the leading deals in its category by investment value.
Sep 2017Series BBlue Lake Capital (lead); Lightspeed China Partners; ZhenFund; DCM Ventures$20M-
Jun 2016Series AZhenFund; Lightspeed Venture Partners; BAI capital; DCM Ventures$5M-
Jul 2015SeedZhenFund; Lightspeed Venture Partners$1M-

Who has invested in Zaihui?

12 investors have backed Zaihui across its funding rounds, including ZhenFund, Lightspeed Venture Partners, DCM Ventures, Lightspeed China Partners, SoftBank Group and B Capital.

Lead investors include Blue Lake Capital.


Zaihui Investors

Investors in Zaihui by funding rounds participated
InvestorHQRoundsRoleFirst check
ZhenFundChinaBeijing3ParticipantJul 2015
Lightspeed China PartnersChinaShanghai2ParticipantSep 2017
Lightspeed Venture PartnersUnited StatesSan Francisco, CA2ParticipantJul 2015
DCM VenturesUnited StatesSan Francisco, CA2ParticipantJun 2016
Sunshine Insurance GroupChinaBeijing1ParticipantJan 2022
YF CapitalChinaShanghai1ParticipantOct 2019
SoftBank GroupJapanTokyo1ParticipantJan 2022
Blue Lake CapitalChinaChaoyang1LeadSep 2017
Borun CapitalChinaXiamen1ParticipantJan 2022
B CapitalUnited StatesLos Angeles, CA1ParticipantJan 2022

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Zaihui Competitors

Zaihui competitors include listed companies like Salesforce, HubSpot and Zeta Global, and private ones like Talkdesk, Gong and Clay.

Public and private companies comparable to Zaihui
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SalesforceUnited StatesUnited StatesPublicly listed$42B$13B$200B5.2x
HubSpotUnited StatesUnited StatesPublicly listed$3.1B$140M$11B2.9x
TalkdeskUnited StatesSan Francisco, CAPrivate$230M-$10B43.5x
Zeta GlobalUnited StatesUnited StatesPublicly listed$1.3B$39M$7.6B4.5x
GongUnited StatesSan Francisco, CAPrivate--$7.3B-
ClayUnited StatesNew York City, NYPrivate$200M-$7.1B35.5x

Zaihui Public Comps

Zaihui is still privately-owned, but its public comps include Amazon, Tencent, Alibaba Group, Salesforce, Pinduoduo, MercadoLibre, Carvana, Sea, JD.com and Coupang.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Tencent$112B$51B4.5x4.2x9.9x9.9x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x
Carvana$20B($110M)3.7x2.9x(691.4x)27.7x
Sea$23B$2.4B2.5x2.0x24.3x16.5x

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Common questions about Zaihui

When was Zaihui founded?Zaihui was founded in 2015.
Where is Zaihui headquartered?Zaihui is headquartered in Shanghai, China.
Is Zaihui publicly listed?No, Zaihui is a private, VC-backed company.
How much funding has Zaihui raised?Zaihui has raised $276M across 5 funding rounds.
What was Zaihui's last funding round?Zaihui's last funding round was a $200M Series D in January 2022.
Who are Zaihui's investors?Zaihui's investors include ZhenFund, Lightspeed China Partners, Lightspeed Venture Partners, DCM Ventures, Sunshine Insurance Group, YF Capital, SoftBank Group, Blue Lake Capital, Borun Capital, B Capital and 2 others.
Which companies are comparable to Zaihui?Companies comparable to Zaihui include Salesforce, HubSpot, Talkdesk, Zeta Global, Gong and Clay.

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