ZhenFund - Unicorn Nest

ZhenFund

ZhenFund

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.

Headquarters Location

China, Beijing

About

ZhenFund was established in 2011, and is a well known VC. The the headquarters of this VC is in Beijing. The fund is located in China, Asia.

Among their most successful investment fields, we have identified Artificial Intelligence, Software. Also, because of its portfolio diversification tendency, we can highlight 48 more industries for this fund. The fund has no specific requirements for the number of founders in a start-up. When a start-up has 5+ founders, the probability of closing the deal is low. Moreover, a start-up needs to be 2-3 years old to get investment from this fund. Vipkid, UCommune, Xiaohongshu are among the most popular portfolio start-ups of the fund. The country of its foundation and the country of its most frequent investments coincides - China. Besides this, the fund also invested in 11 other countries.

The most exits for the fund occurred in 2019. This fund was the most active in 2018. Additionally, in 2019 the fund was active. In terms of the fund's performance, this VC has 2 percentage points less exits when compared to other organizations. The fund typically enters into 25-48 deals annually. ZhenFund is involved in 25 percentage points less than the average amount of lead investments when compared with other funds. When ZhenFund invests, the average start-up valuation is 500 millions - 1 billion dollars. Deals in the range of 10 - 50 millions dollars are most common for this fund.

The fund usually invests in rounds together with 2-3 others. Along with ZhenFund, start-ups are often financed by GGV Capital, Matrix Partners China, GSR Ventures as well as 90 other investors. The most common co-investors for the fund are Y Combinator, Shunwei Capital, Bertelsmann Asia Investments and also 156 different VCs. In subsequent rounds, the fund is usually supported by Blue Lake Capital AG, Vision Plus Capital, DCM Ventures, out of 174 investors from our database.

The fund was created by Bob Xiaoping Xu, Victor Wang. We also identified another 7 core personnel in our database.

Year Founded

2011

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

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

98.0% of cases

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

>24

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

27.4% of cases

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

x4.3

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

4.4 years

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

0.53 out of 1

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

16

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

2

Funds Investing in Previous
Rounds

GGV Capital, Matrix Partners China, GSR Ventures

Funds Investing in Following
Rounds

Blue Lake Capital AG, Vision Plus Capital, DCM Ventures

If you have found a spelling error or the data isn't actual, please, notify us by selecting that text and pressing Ctrl+Enter.

Fund reviews
  • No reviews are submitted yet.
Crunchbase icon

Content report

The following text will be sent to our editors: