Mofang Apartment
Shanghai, China · Founded 2009 · $510.0M raised
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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.
Funding History
Mar 2019
Sign up to see all 3 events
Funding: Series A through Series D. Amounts, valuations, and investors where available.
Investors
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