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WM Motor valuation, funding and investors

WM Motor works in electric vehicle manufacturing, based in Shanghai, China. Founded in 2015, it has about 497 employees.

VALUATION · TODAY
$1.26B −6% after Series D
Range $90.2M – $2.75B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
$8.00B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series C $446M
Series D $152M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY497 employees
+0%6m growth
−0%1y growth
−3%2y growth
200
400
600
Data from Jan 2021
TODAY
Predicted in 1 yr $1.19B −6% vs today
Predicted next raise $272M if a round comes
Winding-down probability 10%
Last round
Series D · $152M · Nov 2021
Valuation at last round
$1.65B · implied
Headcount
497 · flat
Grade
D
Founded
2015
How VCMC values companies →

WM Motor valuation today

VCMC values WM Motor at $1.3B today, with a range of $90.2M to $2.8B and a grade of D. The valuation starts from its last funding round, a Series D round in Nov 2021.

Valuation by date (144 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

WM Motor: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2015$2.03M$0.74M – $5.59M$2.13M (+5%)before first round–unknownD0%
1 Feb 2015$2.04M$0.74M – $5.61M$2.14M (+5%)before first round–unknownD0%
1 Mar 2015$2.05M$0.75M – $5.63M$2.15M (+5%)before first round–unknownD0%
1 Apr 2015$2.06M$0.75M – $5.65M$2.16M (+5%)before first round–unknownD0%
1 May 2015$2.07M$0.75M – $5.67M$2.16M (+5%)before first round–unknownD0%
1 Jun 2015$2.07M$0.75M – $5.70M$2.17M (+5%)before first round–unknownD0%
1 Jul 2015$2.08M$0.76M – $5.72M$2.18M (+5%)before first round–unknownD0%
1 Aug 2015$2.09M$0.76M – $5.74M$2.24M (+7%)before first round–unknownD0%
1 Sep 2015$2.10M$0.76M – $5.76M$2.30M (+10%)before first round–unknownD0%
1 Oct 2015$2.11M$0.77M – $5.79M$2.36M (+12%)before first round–unknownD0%
1 Nov 2015$2.11M$0.77M – $5.81M$2.42M (+15%)before first round–unknownD0%
1 Dec 2015$2.12M$0.77M – $5.83M$2.49M (+17%)before first round–unknownD0%
1 Jan 2016$2.13M$0.78M – $5.85M$2.55M (+20%)before first round–unknownD0%
1 Feb 2016$2.14M$0.78M – $5.88M$2.62M (+23%)before first round–unknownD0%
1 Mar 2016$2.15M$0.78M – $5.90M$2.69M (+25%)before first round–unknownD0%
1 Apr 2016$2.16M$0.78M – $5.92M$2.76M (+28%)before first round–unknownD0%
1 May 2016$2.16M$0.79M – $5.95M$2.84M (+31%)before first round–unknownD0%
1 Jun 2016$2.17M$0.79M – $5.97M$2.91M (+34%)before first round–unknownD0%
1 Jul 2016$2.18M$0.79M – $5.99M$2.99M (+37%)before first round–unknownD0%
1 Aug 2016$2.24M$0.82M – $6.15M$3.07M (+37%)before first round–unknownD0%
1 Sep 2016$2.30M$0.84M – $6.32M$3.15M (+37%)before first round–unknownD0%
1 Oct 2016$2.36M$0.86M – $6.48M$3.24M (+37%)before first round–unknownD0%
1 Nov 2016$2.42M$0.88M – $6.66M$3.32M (+37%)before first round–unknownD0%
1 Dec 2016$2.49M$0.91M – $6.84M$3.41M (+37%)before first round–unknownD0%
1 Jan 2017$2.55M$0.93M – $7.02M$3.50M (+37%)before first round–unknownD0%
1 Feb 2017$2.62M$0.96M – $7.21M$3.60M (+37%)before first round–unknownD0%
1 Mar 2017$2.69M$0.98M – $7.38M$3.69M (+37%)before first round–unknownD0%
1 Apr 2017$2.76M$1.01M – $7.58M$3.79M (+37%)before first round–unknownD0%
1 May 2017$2.83M$1.03M – $7.78M$3.88M (+37%)before first round–unknownD0%
1 Jun 2017$2.91M$1.06M – $7.99M$3.99M (+37%)before first round–unknownD0%
1 Jul 2017$2.99M$1.09M – $8.20M$4.10M (+37%)before first round–unknownD0%
1 Aug 2017$3.07M$1.12M – $8.43M$4.21M (+37%)before first round–unknownD0%
1 Sep 2017$3.15M$1.15M – $8.66M$4.32M (+37%)before first round–unknownD0%
1 Oct 2017$3.23M$1.18M – $8.88M$4.43M (+37%)before first round–unknownD0%
1 Nov 2017$3.32M$1.21M – $9.12M$4.55M (+37%)before first round–unknownD0%
1 Dec 2017$3.41M$1.24M – $9.36M$4.67M (+37%)before first round–unknownD0%
1 Jan 2018$3.50M$1.28M – $9.62M$4.80M (+37%)before first round–unknownD0%
1 Feb 2018$3.60M$1.31M – $9.88M$4.93M (+37%)before first round–unknownD0%
1 Mar 2018$3.69M$1.34M – $10.1M$5.05M (+37%)before first round–unknownD0%
1 Apr 2018$3.79M$1.38M – $10.4M$5.19M (+37%)before first round–unknownD0%
1 May 2018$3.88M$1.41M – $10.7M$5.33M (+37%)before first round–unknownD0%
1 Jun 2018$3.99M$1.45M – $11.0M$5.47M (+37%)before first round–unknownD0%
1 Jul 2018$4.10M$1.49M – $11.2M$5.61M (+37%)before first round–unknownD0%
1 Aug 2018$4.21M$1.53M – $11.6M$5.67M (+35%)before first round–unknownD0%
1 Sep 2018$4.32M$1.57M – $11.9M$5.72M (+32%)before first round–unknownD0%
1 Oct 2018$4.43M$1.61M – $12.2M$5.77M (+30%)before first round–unknownD0%
1 Nov 2018$4.55M$1.66M – $12.5M$5.83M (+28%)before first round–unknownD0%
1 Dec 2018$4.67M$1.70M – $12.8M$5.88M (+26%)before first round–unknownD0%
1 Jan 2019$4.80M$1.75M – $13.2M$5.93M (+24%)before first round–unknownD0%
1 Feb 2019$4.93M$1.80M – $13.5M$5.99M (+21%)before first round–unknownD0%
1 Mar 2019$5.05M$1.84M – $13.9M$6.04M (+19%)before first round–unknownD0%
9 Mar 2019$3.5B$2.3B – $7.0B$4.6B (+30%)after a round–unknownB0%
1 Apr 2019$3.6B$2.3B – $7.0B$4.6B (+28%)after a round–unknownB0%
1 May 2019$3.7B$2.3B – $7.0B$4.6B (+25%)after a round–unknownB0%
1 Jun 2019$3.7B$2.3B – $7.0B$4.6B (+22%)after a round–unknownB0%
1 Jul 2019$3.8B$2.3B – $7.0B$4.6B (+20%)after a round–unknownB0%
1 Aug 2019$3.9B$2.3B – $7.0B$4.6B (+17%)after a round–unknownB0%
1 Sep 2019$4.0B$2.3B – $7.0B$4.6B (+14%)after a round–unknownB0%
1 Oct 2019$4.1B$2.3B – $7.0B$4.6B (+12%)after a round–unknownB0%
1 Nov 2019$4.2B$2.3B – $7.0B$4.6B (+10%)after a round–unknownB0%
1 Dec 2019$4.3B$2.3B – $7.0B$4.6B (+7%)after a round–unknownB0%
1 Jan 2020$4.4B$2.3B – $7.0B$4.6B (+5%)after a round–unknownB0%
1 Feb 2020$4.5B$2.3B – $7.0B$4.6B (+3%)after a round–unknownB0%
1 Mar 2020$4.6B$2.3B – $7.0B$4.6B (0%)after a round–unknownB0%
1 Apr 2020$4.6B$2.2B – $7.0B$4.6B (0%)after a round–unknownB0%
1 May 2020$4.6B$2.1B – $7.0B$4.6B (0%)after a round–unknownB0%
1 Jun 2020$4.6B$2.0B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Jul 2020$4.6B$1.9B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Aug 2020$4.6B$1.9B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Sep 2020$4.6B$1.8B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Oct 2020$4.6B$1.7B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Nov 2020$4.6B$1.6B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Dec 2020$4.6B$1.5B – $7.0B$4.6B (0%)after a round–unknownC0%
1 Jan 2021$4.6B$1.5B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Feb 2021$4.6B$1.4B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Mar 2021$4.6B$1.4B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Apr 2021$4.6B$1.2B – $7.0B$4.6B (0%)after a round450unknownC0%
1 May 2021$4.6B$1.2B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Jun 2021$4.6B$1.1B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Jul 2021$4.6B$1.1B – $7.0B$4.6B (0%)after a round450unknownC0%
1 Aug 2021$4.6B$999M – $7.0B$4.6B (0%)after a round450unknownC0%
1 Sep 2021$4.6B$950M – $7.0B$4.6B (0%)after a round450unknownC0%
1 Oct 2021$4.6B$904M – $7.0B$4.6B (0%)after a round450unknownD0%
1 Nov 2021$4.6B$859M – $7.0B$4.6B (0%)after a round450unknownD0%
1 Dec 2021$1.7B$1.1B – $3.3B$2.1B (+30%)after a round450unknownB0%
1 Jan 2022$1.7B$1.1B – $3.3B$2.1B (+27%)after a round450unknownB0%
1 Feb 2022$1.7B$1.1B – $3.3B$2.1B (+24%)after a round450unknownB0%
1 Mar 2022$1.8B$1.1B – $3.3B$2.1B (+22%)after a round450unknownB0%
1 Apr 2022$1.8B$1.1B – $3.3B$2.1B (+19%)after a round450unknownB0%
1 May 2022$1.8B$1.1B – $3.3B$2.1B (+17%)after a round450unknownB0%
1 Jun 2022$1.9B$1.1B – $3.3B$2.1B (+14%)after a round450unknownB0%
1 Jul 2022$1.9B$1.1B – $3.3B$2.1B (+12%)after a round450unknownB0%
1 Aug 2022$2.0B$1.1B – $3.3B$2.1B (+9%)after a round450unknownB0%
1 Sep 2022$2.0B$1.1B – $3.3B$2.1B (+7%)after a round450unknownB0%
1 Oct 2022$2.1B$1.1B – $3.3B$2.1B (+4%)after a round450unknownB0%
1 Nov 2022$2.1B$1.1B – $3.3B$2.1B (+2%)after a round450unknownB0%
1 Dec 2022$2.1B$1.1B – $3.3B$2.1B (0%)after a round530unknownB0%
1 Jan 2023$2.1B$1.0B – $3.3B$2.1B (0%)after a round530unknownB0%
1 Feb 2023$2.1B$988M – $3.3B$2.1B (0%)after a round530unknownB0%
1 Mar 2023$2.1B$948M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Apr 2023$2.1B$905M – $3.3B$2.1B (0%)after a round530unknownC0%
1 May 2023$2.1B$865M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Jun 2023$2.1B$826M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Jul 2023$2.1B$790M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Aug 2023$2.1B$754M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Sep 2023$2.1B$720M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Oct 2023$2.1B$688M – $3.3B$2.1B (0%)after a round530unknownC0%
1 Nov 2023$2.0B$654M – $3.2B$2.0B (-3%)after a round520flatC10%
1 Dec 2023$2.0B$595M – $3.2B$2.0B (-4%)after a round520flatC10%
1 Jan 2024$2.0B$566M – $3.2B$1.9B (-5%)after a round520flatC10%
1 Feb 2024$2.0B$538M – $3.2B$1.9B (-5%)after a round520flatC10%
1 Mar 2024$2.0B$513M – $3.2B$1.9B (-6%)after a round520flatC10%
1 Apr 2024$1.9B$487M – $3.2B$1.7B (-10%)after a round510flatC19%
1 May 2024$1.9B$464M – $3.2B$1.7B (-11%)after a round510flatC19%
1 Jun 2024$1.9B$441M – $3.2B$1.7B (-11%)after a round510flatC17%
1 Jul 2024$1.9B$420M – $3.2B$1.7B (-11%)after a round510flatD16%
1 Aug 2024$1.9B$399M – $3.2B$1.7B (-12%)after a round510flatD14%
1 Sep 2024$1.9B$379M – $3.3B$1.7B (-12%)after a round510flatD13%
1 Oct 2024$1.9B$361M – $3.3B$1.7B (-12%)after a round510flatD12%
1 Nov 2024$2.0B$343M – $3.3B$1.7B (-13%)after a round510flatD11%
1 Dec 2024$1.9B$326M – $3.3B$1.7B (-13%)after a round510flatD10%
1 Jan 2025$1.9B$310M – $3.2B$1.7B (-13%)after a round510flatD10%
1 Feb 2025$1.9B$295M – $3.2B$1.7B (-13%)after a round510flatD9%
1 Mar 2025$1.9B$281M – $3.2B$1.7B (-13%)after a round510flatD9%
1 Apr 2025$1.9B$267M – $3.2B$1.6B (-13%)after a round510flatD9%
1 May 2025$1.9B$255M – $3.1B$1.6B (-12%)after a round510flatD9%
1 Jun 2025$1.9B$242M – $3.1B$1.6B (-12%)after a round510flatD8%
1 Jul 2025$1.9B$230M – $3.1B$1.6B (-12%)after a round510flatD7%
1 Aug 2025$1.8B$219M – $3.1B$1.6B (-13%)after a round501flatD10%
1 Sep 2025$1.7B$208M – $3.1B$1.5B (-14%)after a round499flatD12%
1 Oct 2025$1.7B$198M – $3.0B$1.5B (-13%)after a round499flatD11%
1 Nov 2025$1.6B$188M – $3.0B$1.4B (-14%)after a round495flatD14%
1 Dec 2025$1.6B$179M – $3.0B$1.4B (-13%)after a round495flatD14%
1 Jan 2026$1.5B$170M – $3.0B$1.3B (-13%)after a round494flatD17%
1 Feb 2026$1.5B$162M – $3.0B$1.3B (-12%)after a round494flatD17%
1 Mar 2026$1.5B$155M – $2.9B$1.3B (-12%)after a round496flatD16%
1 Apr 2026$1.5B$147M – $2.9B$1.3B (-11%)after a round496flatD16%
1 May 2026$1.5B$140M – $2.9B$1.3B (-11%)after a round496flatD16%
1 Jun 2026$1.5B$133M – $2.9B$1.3B (-10%)after a round497flatD15%
1 Jul 2026$1.5B$126M – $2.9B$1.3B (-10%)after a round497flatD14%
1 Aug 2026$1.5B$120M – $2.8B$1.4B (-9%)after a round496flatD13%
1 Sep 2026$1.5B$114M – $2.8B$1.4B (-8%)after a round496flatD12%
1 Oct 2026$1.5B$109M – $2.8B$1.4B (-7%)after a round497flatD11%
24 Oct 2026$1.3B$90.2M – $2.8B$1.2B (-6%)after a round497flatD10%

Key facts about WM Motor

Founded
2015
Headquarters
Shanghai, China
Employees
about 497 -0% in a year
Total raised
$598M
Funding rounds
2
Last round
Series D Nov 2021

WM Motor was founded in 2015 by Du Ligang, Lu Bin and Shen Hui (Freeman Shen).

WM Motor funding history

WM Motor has 2 funding rounds on record, from Mar 2019 to Nov 2021, $598M in total. None disclosed a valuation.

  1. Series D 30 Nov 2021

    Investors not disclosed.

    Sources: prnewswire.com, moomoo.com

    $152M

  2. Series C 8 Mar 2019

    Led by Baidu; with Linear Capital, Taihang Industrial Fund.

    Sources: kr-asia.com, equalocean.com, electrive.com

    $446M

WM Motor investors

3 investors have backed WM Motor; Baidu led at least one round.

  • Baidu lead
  • Taihang Industrial Fund

What WM Motor does

WM Motor works in automobile dealers & manufacturers, with 10 recorded offerings and customers in automotive.

WM Motor Technology Co Ltd (威马智慧出行科技(上海)股份有限公司) is a Chinese automotive company engaged in the design, manufacturing, and marketing of battery electric vehicles. The company operates research and development facilities in China, Germany, and the United States, and maintains a manufacturing facility in Wenzhou, Zhejiang Province. WM Motor also develops automotive technologies, including electric powertrains, intelligent driving assistance systems, and smart connectivity solutions. The company is involved in the automotive industry and is categorized as a luxury motor vehicle manufacturer and electric vehicle manufacturer.

Description from Veridion's company data.

Products and services

  • Electric Vehicle Manufacturing
  • Luxury Electric Vehicle Manufacturing
  • Electric Vehicle Design Services
  • Electric Vehicle Marketing Services
  • Electric Vehicle Technology Development
  • Electric Powertrain Technology Development
  • Intelligent Driving System Development
  • Vehicle Connectivity System Development
  • Electric Vehicle Research and Development
  • Electric Vehicle Sales and Distribution

Markets

  • Automotive

Technology

  • Battery Electric Vehicle Technology
  • Intelligent Driving Assistance Systems
  • Smart Cabin Connectivity and Interaction

Business model

  • Business-to-Consumer
  • Manufacturing

Industry codes (NAICS)

  • 336110 Automobile and Light Duty Motor Vehicle Manufacturing 80% match
  • 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) 20% match

Questions about WM Motor

What is WM Motor worth?

Valuation $1.3B (range $90.2M to $2.8B), as of 24 Oct 2026.

Has WM Motor raised money?

WM Motor has 2 funding rounds on record, from Mar 2019 to Nov 2021, $598M in total. None disclosed a valuation.

Who has invested in WM Motor?

Baidu, Linear Capital and Taihang Industrial Fund. Lead investors include Baidu.

How many people work at WM Motor?

About 497, down 0% over the last year. Headcount grew from 450 in Jan 2021 to 497 in Sep 2026.

What does WM Motor do?

WM Motor works in automobile dealers & manufacturers, with 10 recorded offerings and customers in automotive. Its main offerings are electric vehicle manufacturing, luxury electric vehicle manufacturing and electric vehicle design services.

When was WM Motor founded, and where is it based?

WM Motor was founded in 2015 and is based in Shanghai, China. It has about 497 employees, down 0% over the last year.