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- ZHIYI TECH
ZHIYI TECH Funding, Investors & Competitors
ZHIYI TECH has raised $102M across 3 funding rounds, most recently a $100M Series B in April 2022.
Last ZHIYI TECH funding round
$100M
Series B · Apr 2022
Cumulative funding ZHIYI TECH raised
$102M
across 3 funding rounds
Key investors in ZHIYI TECH
Legend Capital
Yonghua Capital
GL Ventures LLC
CE Innovation Capital
Xianghe Capital
Zoo Capital
Kuaishou
ZHIYI TECH Overview
About ZHIYI TECH
ZHIYI TECH runs a supply chain platform enabling intelligent clothing design for fashion enterprises. It furnishes digital trend forecasting, design curation, and supply chain coordination alongside core capabilities in fashion prediction, design augmentation, and style matching. The SaaS portal extends one-stop services for design and agile production to downstream manufacturers.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
ZHIYI TECH Funding History
ZHIYI TECH has raised a total of $102M across 3 funding rounds.
ZHIYI TECH's first fundraising round was a $500K angel round in May 2018. The most recent completed round was a $100M Series B in April 2022.
ZHIYI TECH funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2022 | Series B | GL Ventures LLC (lead); Zoo Capital; Xianghe Capital; CE Innovation Capital; Legend Capital; Yonghua Capital | $100M | Zhiyi Tech is a Hangzhou-based AI startup founded by two Carnegie Mellon Ph.D.s specializing in artificial intelligence, providing software to help fashion brands predict trends and optimize supply chains. The company scours the internet for styles from sources like Instagram influencers and fashion shows, converting them into actionable insights for designers on trending colors, materials, and patterns. It also analyzes apparel sales data from e-commerce platforms such as Alibaba's Taobao and Douyin (TikTok's Chinese version) to identify bestsellers. In 2022, Zhiyi Tech raised close to $100 million across three funding rounds, led respectively by GL Ventures (Hillhouse Capital's early-stage arm), Zoo Capital, Xianghe Capital, and CE Innovation Capital, with participation from existing investors Legend Capital and Yonghua Capital. This funding builds on tens of millions of dollars raised in a Series A round in 2018. Zhiyi Tech maintains an ecosystem of suppliers that retailers and brands can access, positioning it as a one-stop solution for fashion brands and influencers in live commerce. The new capital is earmarked for hiring more staff and advancing product R&D. The company operates in Alibaba's backyard, leveraging data from major Chinese e-commerce and social platforms amid growing demand for AI-driven supply chain tools in fashion. |
| Sep 2018 | Series A | Kuaishou; Legend Capital | $2M | - |
| May 2018 | Angel | - | $500K | - |
Who has invested in ZHIYI TECH?
7 investors have backed ZHIYI TECH across its funding rounds, including Legend Capital, Yonghua Capital, GL Ventures LLC, CE Innovation Capital, Xianghe Capital and Zoo Capital.
Lead investors include GL Ventures LLC.
ZHIYI TECH Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Sep 2018 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Lead | Apr 2022 | ||
| 1 | Participant | Sep 2018 | ||
This data is available for Pro users. Sign up to see all 7 ZHIYI TECH 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 TrialZHIYI TECH Competitors
ZHIYI TECH competitors include listed companies like GigaCloud Technology and Infomart, and private ones like Olist, Route, RELEX Solutions and Cart.com.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.3B | $158M | $1.9B | 1.4x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $121M | $31M | $1.2B | 8.6x | ||
| Private | - | - | $5.8B | - | ||
| Private | - | - | $1.6B | - |
ZHIYI TECH Public Comps
ZHIYI TECH is still privately-owned, but its public comps include Shopify, GoDaddy, Manhattan Associates, Descartes Systems Group, Ingram Micro, HopeRun, Wuchan Zhongda Group Co, Kinaxis, Wix.com and SPS Commerce.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $1.2B | 13.9x | 11.3x | 132.9x | 61.9x | |||
| $5B | $1.3B | 3.1x | 2.9x | 11.7x | 8.9x | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
| $729M | $305M | 8.8x | 8.1x | 21.1x | 17.7x | |||
| $53B | $1.1B | 0.2x | 0.2x | 8.7x | 6.6x | |||
| $594M | $42M | 7.1x | 6.4x | 100.0x | - | |||
| $89B | $1.5B | 0.1x | 0.1x | 8.5x | 7.3x | |||
| $548M | $102M | 5.9x | 5.3x | 31.7x | 20.3x | |||
This data is available for Pro users. Sign up to see all ZHIYI TECH competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ZHIYI TECH
| When was ZHIYI TECH founded? | ZHIYI TECH was founded in 2018. |
| Where is ZHIYI TECH headquartered? | ZHIYI TECH is headquartered in Hangzhou, China. |
| Is ZHIYI TECH publicly listed? | No, ZHIYI TECH is a private, VC-backed company. |
| How much funding has ZHIYI TECH raised? | ZHIYI TECH has raised $102M across 3 funding rounds. |
| What was ZHIYI TECH's last funding round? | ZHIYI TECH's last funding round was a $100M Series B in April 2022, led by GL Ventures LLC. |
| Who are ZHIYI TECH's investors? | ZHIYI TECH's investors include Legend Capital, Zoo Capital, Xianghe Capital, GL Ventures LLC, Kuaishou, CE Innovation Capital and Yonghua Capital. |
| Which companies are comparable to ZHIYI TECH? | Companies comparable to ZHIYI TECH include GigaCloud Technology, Olist, Route, Infomart, RELEX Solutions and Cart.com. |
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