Funding round
Cainiao Global Express Tracking Series A
Cainiao Global Express Tracking, which works in e-commerce logistics services in Hangzhou, raised $1.54B in a Series A round announced on 16 Mar 2016, led by Temasek and GIC, at a $7.70B post-money valuation. 4 firms took part.
$1.54B
Amount raised
$7.70B
Post-money valuation
4
Investors
2 leads
20%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Cainiao Global Express Tracking at $7.70B after the new money. The $1.54B bought investors about 20% of the company. It is Cainiao Global Express Tracking's first venture round on record, 3 years after it was founded in 2013. No later venture round is on record for Cainiao Global Express Tracking.
Cainiao Global Express Tracking's funding rounds
This is the only venture round on record for Cainiao Global Express Tracking.
- Series A this round 16 Mar 2016, led by Temasek and GIC $1.54B$7.70B post-money
Investors
Who put money in
Temasek and GIC led the round with 2 other firms.
Comparable rounds
How it compares
The closest in time, other companies' Series A rounds in Shipping Couriers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Shipping Couriers | 1 Jan 2016 | $5.0M | not disclosed | Full Circle Venture Capital |
| Shipping Couriers | 1 Oct 2015 | $8.0M | not disclosed | Maveron |
| Shipping Couriers | 16 Sep 2015 | undisclosed | not disclosed | Delivery Hero Ventures and Global Founders Capital |
| Shipping Couriers | 22 Jun 2015 | $7.0M | not disclosed | Greycroft |
| Shipping Couriers | 3 Mar 2015 | $2.5M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Cainiao Global Express Tracking raise in its Series A round?
Cainiao Global Express Tracking raised $1.54B in its Series A round, announced in Mar 2016.
Who led Cainiao Global Express Tracking's Series A round?
Temasek and GIC led it, with Khazanah Nasional and Primavera Capital Group.
What was Cainiao Global Express Tracking's valuation at the Series A round?
$7.70B post-money.