Gaorong Capital

Summary

Gaorong Capital appeared to be the VC, which was created in 2013. The leading representative office of defined VC is situated in the Beijing. The venture was found in Asia in China.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Pinduoduo, Nuro, Huya.com. We can highlight the next thriving fund investment areas, such as Mobile Apps, E-Commerce. For fund there is a match between the location of its establishment and the land of its numerous investments - China. The fund has no exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low.

The common things for fund are deals in the range of 50 - 100 millions dollars. The real fund results show that this VC is 23 percentage points more often commits exit comparing to other companies. The fund is generally included in 13-24 deals every year. The increased amount of exits for fund were in 2018. The average startup value when the investment from Gaorong Capital is more than 1 billion dollars. Comparing to the other companies, this Gaorong Capital performs on 24 percentage points less the average number of lead investments. The high activity for fund was in 2018. Despite it in 2019 the fund had an activity.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Gaorong Capital, startups are often financed by Sequoia Capital China, IDG Capital, Vision Plus Capital. The meaningful sponsors for the fund in investment in the same round are Shunwei Capital, Morningside Venture Capital, Capital Today. In the next rounds fund is usually obtained by Sequoia Capital China, Tencent Holdings, GGV Capital.

Besides them, we counted 4 critical employees of this fund in our database.