How much funding has Mofang Apartment raised?

Mofang Apartment has raised $510.0M in total funding, most recently a series d round.

Who are Mofang Apartment's investors?

Mofang Apartment's investors include Warburg Pincus, Ocean Link, AVIC Capital.

When was Mofang Apartment founded?

Mofang Apartment was founded in 2009.

Where is Mofang Apartment headquartered?

Mofang Apartment is headquartered in Shanghai, China.

What industry is Mofang Apartment in?

Mofang Apartment operates in PropTech, Real Estate.

How many employees does Mofang Apartment have?

Mofang Apartment has 501-1000 employees.

Mofang Apartment

Shanghai, China · Founded 2009 · $510.0M raised

PropTech

Real Estate

Headquarters: Shanghai
Employees: 501–1000
Founded: 2009
Business Model: B2C

Website: 52mf.cn
Total Funding: $510.0M
Last Round: $150.0M Series DMar 2019
Rounds: 3

About

Mofang Living (魔方公寓) was founded in 2009 in Shanghai by Zheng Nanyan (chairman) and Liu Jia (CEO). It is China's largest institutional rental apartment operator, managing over 70,000 apartments across tier-one and tier-two cities including Beijing, Shanghai, Guangzhou, and Shenzhen. Backed by Warburg Pincus, CDPQ, and Ocean Link Partners, Mofang raised over $860M in total funding and has pursued a Hong Kong IPO. The company targets young urban professionals and provides standardized co-living experiences.

Summary

Mofang Apartment is a PropTech company based in Shanghai, China, founded in 2009. It has raised $510.0M in total across 3 rounds, most recently a $150.0M Series D round in Mar 2019. Investors include Warburg Pincus, Ocean Link and AVIC Capital.