Matrix Partners China - Unicorn Nest

Matrix Partners China

Matrix Partners China

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Headquarters Location

China, Beijing

About

Matrix Partners China is the renowned VC, which was created in 1977. This investor is located in Asia, China. The primary office of this VC is located in Beijing.

The usual method for the fund is to invest in rounds with 2-3 other investors. Along with Matrix Partners China, start-ups are often financed by Matrix Partners, Eastern Bell Venture Capital, Tencent Holdings as well as 73 other investors. Other VCs who often invest in the same rounds are Vision Plus Capital, Tencent Holdings, DCM Ventures, the total number of co-investors is 115. In subsequent rounds, the fund is usually joined by GGV Capital, DST Global, K2VC, as well as 109 other investors.

The most common rounds for this fund are in the range of 10 - 50 millions dollars. Matrix Partners China participates, on average, in 22 percentage points less than the average amount of lead investments in other funds. This fund was the most active in 2018. Besides, in 2019 the fund was active. In real terms, this VC performs 10 percentage points more exits than other funds. The most exits for the fund occurred in 2018. When Matrix Partners China invests, the average start-up valuation is more than 1 billion dollars. The fund usually participates in 25-48 investment rounds per year.

Among their most successful investment fields, we have identified Mobile, Internet. Also, because of its portfolio diversification tendency, we can highlight 81 more industries for this fund. Ele.me, Guazi (Chehaoduo), Lianjia (Homelink) are amongst the various portfolio companies of this fund. The fund has specific requirements for the number of founders in a start-up. If the applying start-up has 4 founders, it is very unlikely that funding will be awarded. Also, a start-up has to be aged 2-3 years to expect investment from this fund. The country of its foundation and the country of the most frequent investments for the fund coincides - China. In addition to this location, the fund participated in 3 other locations.

The fund was established by Yee Lee. Besides the listed founders, we have found 11 key employees of this fund in our database.

Year Founded

1977

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

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

94.3% of cases

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

7-12

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

28.7% of cases

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

x7.2

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

3.5 years

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

0.37 out of 1

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

19

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

6

Funds Investing in Following
Rounds

GGV Capital, DST Global, K2VC

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