Anxin Apartment
Shanghai, China · Founded 2014 · $574.9M raised
- Headquarters
- Shanghai
- Employees
- 201–500
- Founded
- 2014
- Business Model
- B2B
- Website
- anxinapartment.com
- Total Funding
- $574.9M
- Last Round
- $31.9M Private EquityDec 2019
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Anxin Apartment is a leading affordable corporate housing operator in China, providing employee accommodation solutions to approximately 2,000 corporate clients in the service sector across first-tier and core second-tier cities. Founded in 2014 and headquartered in Shanghai, the company operates more than 160 apartment complexes across 24 cities under three brands — Happy Apartment, Cozy Apartment, and Reading Hotel — targeting workers in sectors such as food delivery, retail, and logistics. The Carlyle Group acquired a significant minority stake in 2019 via Carlyle Asia Growth Partners V and Carlyle Beijing Partners Fund II, recognizing the company's strong growth in China's expanding affordable rental housing market.
Summary
Anxin Apartment is a company based in Shanghai, China, founded in 2014. It has raised $574.9M in total across 3 rounds, most recently a $31.9M Private Equity round in Dec 2019. Investors include Qiming VP and The Carlyle Group.
Funding History
Dec 2019
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Funding: Private Equity. Amounts, valuations, and investors where available.
Investors
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