CICC

CICC

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Headquarters Location

China, Beijing

About

CICC is the renowned VC, which was created in 1995. The the headquarters of this VC is in Beijing. This investor is located in Asia, China.

The fund usually invests in rounds together with 4-5 others. Aside from CICC, start-ups are often funded by Matrix Partners China, Legend Capital, BlueRun Ventures and 32 other funds. Other VCs who often invest in the same rounds are IDG Capital, CDH Investments, Sequoia Capital China, the total number of co-investors is 17. The investors in the following rounds are usually Sinowisdom, Primavera Capital Group, PICC Asset Management, and 1 VC in total.

Among the most popular portfolio start-ups of the fund, are Lu.com, JD Digits, Zhong An. The average start-up age at the time of investment by this fund is 4-5. The fund has a preferred number of founders for start-ups that it invests in. If the applying start-up has 5+ founders, it is very unlikely that funding will be awarded. Among the most popular investment industries for the fund are Finance, Automotive. However, the fund’s focus is not limited to this, since there are 49 more areas of investment. The country of its foundation and the country of its most frequent investments coincides - China. Besides this, the fund also invested in 1 other country.

The average start-up valuation at the time of investment from CICC is more than 1 billion dollars. The fund typically enters into 2-6 deals annually. The highest number of exits from this fund were in 2019. In 2018, the fund's activity was at its peak. Additionally, in 2019 the fund was active. The most common rounds for this fund are in the range of more than 100 millions dollars. In comparison with other funds, CICC makes 13 percentage points less than the average number of lead investments. In real terms, this VC performs 22 percentage points more exits than other funds.

The overall number of key employees in the fund's team is 9.

Year Founded

1995

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: cicc.com.cn; User name format in descending order of probability: first last, last first_initial, first last_initial, first_initial last, first

Group Appearance [how often fund is operating separately from groups with shared interest]

94.4% of cases

Investments per Year [average amount of rounds in which fund participates each year]

1-3

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

3.7% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x2

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

5.6 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

1 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

15

Number of Decacorns [amount of portfolio companies, which were valuated at more then $10B]

3

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

7

Funds Investing in Previous
Rounds

Matrix Partners China, Legend Capital, BlueRun Ventures

Funds Investing in Following
Rounds

Sinowisdom, Primavera Capital Group, PICC Asset Management

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