Face++ Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • IPO Registration

  • Employees
  • 3,000

Employees

  • Latest Deal Type
  • IPO
  • (Announced)

  • Latest Deal Amount
  • $922M

  • Investors
  • 18

Face++ General Information

Description

Developer of artificial intelligence specializing in IoT applications. The company has developed an AIoT product system built around integrated hardware and software solutions catering to three core applications: Consumer IoT, City IoT, and Supply Chain IoT, enabling clients to quickly and efficiently build an AI infrastructure.

Contact Information

Website
www.megvii.com
Ownership Status
In IPO Registration
Financing Status
Venture Capital-Backed
Corporate Office
  • Jinnovation Park Building S1
  • No. 27 Jiancaicheng Middle Rd, Haidian District
  • Beijing
  • China
+86 010
Primary Industry
Business/Productivity Software
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning
Corporate Office
  • Jinnovation Park Building S1
  • No. 27 Jiancaicheng Middle Rd, Haidian District
  • Beijing
  • China
+86 010

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Face++ Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. IPO 12-Jan-2021 $922M Announced Generating Revenue
11. IPO 01-Nov-2019 Cancelled Generating Revenue
10. Secondary Transaction - Private 17-Sep-2020 Completed Generating Revenue
9. Secondary Transaction - Private 01-Jan-2020 Completed Generating Revenue
8. Later Stage VC (Series D) 08-May-2019 Completed Generating Revenue
7. Later Stage VC (Series C) 31-Oct-2017 Completed Generating Revenue
6. Secondary Transaction - Private 31-Mar-2017 Completed
5. Early Stage VC (Series B1) 06-Dec-2016 Completed Generating Revenue
4. Early Stage VC (Series B) 06-Nov-2014 $22M $23.2M Completed Generating Revenue
3. Early Stage VC 23-Sep-2014 $1.16M Completed Generating Revenue
To view Face++’s complete valuation and funding history, request access »

Face++ Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of artificial intelligence specializing in IoT applications. The company has developed an AIoT product system
Business/Productivity Software
Beijing, China
3,000 As of 2024

Shanghai, China
 

Shenzhen, China
 
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Face++ Competitors (44)

One of Face++’s 44 competitors is YITU, a Venture Capital-Backed company based in Shanghai, China.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
YITU Venture Capital-Backed Shanghai, China
Extreme Vision Technology Venture Capital-Backed Shenzhen, China
DeepGlint Formerly VC-backed Beijing, China
Percent (China) Private Equity-Backed Beijing, China
Acryl Venture Capital-Backed Seoul, South Korea
You’re viewing 5 of 44 competitors. Get the full list »

Face++ Patents

Face++ Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220375234-A1 Lane line recognition method, device and storage medium Pending 21-Nov-2019
US-20220222950-A1 Fatigue detection method and apparatus, and readable storage medium Inactive 17-May-2019
US-20220107398-A1 Method for controlling working frequency of tof sensor, and apparatus, device, and medium Pending 18-Apr-2019
JP-6924804-B2 Picking scheduling method, equipment, storage system and readable storage medium Active 15-Mar-2019
JP-2020147444-A Picking scheduling method, device, storage system and readable recording medium Active 15-Mar-2019
To view Face++’s complete patent history, request access »

Face++ Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Face++ Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Abu Dhabi Investment Authority Sovereign Wealth Fund Minority
Alibaba Group Corporation Minority
Ausvic Capital Venture Capital Minority
Bank of China Group Investment PE/Buyout Minority
Boyu Capital PE/Buyout Minority
You’re viewing 5 of 18 investors. Get the full list »

Face++ Investments & Acquisitions (9)

Face++’s most recent deal was a Later Stage VC with Whalehouse Technology for . The deal was made on 12-Nov-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Whalehouse Technology 12-Nov-2021 Later Stage VC Logistics
Orange Finance 29-Apr-2021 Later Stage VC Financial Software
EasyLinkin 16-Oct-2019 Later Stage VC Electronic Equipment and Instruments
Whalehouse Technology 16-Jan-2019 Later Stage VC Logistics
Good neighbor Convenience Store 02-Nov-2018 Later Stage VC Department Stores
You’re viewing 5 of 9 investments and acquisitions. Get the full list »

Face++ FAQs

  • When was Face++ founded?

    Face++ was founded in 2011.

  • Where is Face++ headquartered?

    Face++ is headquartered in Beijing, China.

  • What is the size of Face++?

    Face++ has 3,000 total employees.

  • What industry is Face++ in?

    Face++’s primary industry is Business/Productivity Software.

  • Is Face++ a private or public company?

    Face++ is a Private company.

  • What is Face++’s current revenue?

    The current revenue for Face++ is .

  • How much funding has Face++ raised over time?

    Face++ has raised $1.26B.

  • Who are Face++’s investors?

    Abu Dhabi Investment Authority, Alibaba Group, Ausvic Capital, Bank of China Group Investment, and Boyu Capital are 5 of 18 investors who have invested in Face++.

  • Who are Face++’s competitors?

    YITU, Extreme Vision Technology, DeepGlint, Percent (China), and Acryl are some of the 44 competitors of Face++.

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