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Gaorong Capital

Investor type Venture Capital
Founders Bin Yue Xiang Gao Zhen Zhang

Overview

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 266
Average round size
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The average size of a deal this fund participated in
$45M
Portfolio companies 188
Rounds per year 29.56
Lead investments 49
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.29
Exits 16
Key employees 3
Stages of investment
Early Stage Venture

Areas of investment

  • E-Commerce
  • Information Technology
  • Artificial Intelligence
  • Software
  • Food and Beverage
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.

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Related Funds

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Typical Co-investors
Gaorong Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Gaorong Capital:

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Funds from China
Funds with similar focus located in China:
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Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Egatee Technology

E-Commerce
Retail
Transaction Processing
14 Nov 2022 Hong Kong, Hong Kong, China

Pulnovo Medical

Medical
Medical Device
11 Nov 2022 Wuxi, Anhui, China

OTM Group

Digital Marketing
Hospital
Travel
13 Oct 2022 Beijing, Beijing, China

Biointron

Biotechnology
Health Care
Medical
$77M02 Sep 2022 Shanghai, Shanghai, China

Baiying Bio

Biotechnology
Outsourcing
Service Industry
$77M31 Aug 2022 Dongcheng District, Beijing, China

GravityXR

Industrial Manufacturing
Information Technology
Semiconductor
Virtual Reality
16 Aug 2022 Ningbo, Zhejiang, China

Bivision

Biopharma
Health Diagnostics
$15M10 Aug 2022 Shanghai, Shanghai, China

Intellective Bio

Biopharma
Biotechnology
Medical
$77M05 Aug 2022 Suzhou, Jiangsu, China

Sironax

Biotechnology
$200M02 Aug 2022 Dongcheng District, Beijing, China

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