What is Keep?
Keep operates within the dynamic Mobile App Development industry, employing between 250 to 499 individuals and generating revenue in the range of $50 million to $100 million. Headquartered in Beijing, China, the company has established itself as a significant entity in its field. Its journey, marked by consistent capital infusions, reflects a strategic approach to scaling operations and expanding its market reach within the competitive technology landscape.
How much funding has Keep raised?
Keep has raised a total of $613M across 6 funding rounds:
Series A
$5M
Series B
$10M
Series C
$32M
Series D
$126M
Series E
$80M
Series F
$360M
Series A (2015): $5M with participation from Bertelsmann Asia Investments and Ventech China
Series B (2015): $10M led by GGV Capital
Series C (2016): $32M supported by GGV Capital, Bertelsmann SE, and Morningside Venture Capital
Series D (2018): $126M featuring GGV Capital, Tencent, Bertelsmann SE, Goldman Sachs Group, and Morningside Venture Capital
Series E (2019): $80M backed by GGV Capital, jeneration capital management, Bertelsmann SE, and Morningside Venture Capital
Series F (2021): $360M with participation from Coatue Management, SoftBank Vision Fund, and Hillhouse Capital
Key Investors in Keep
GGV Capital
GGV Capital is a global venture firm that invests in local founders across Social/Internet, Enterprise Tech, and Smart Tech sectors, supporting seed-to-growth stage companies worldwide.
Coatue Management
Coatue Management is an investment firm that invests in public and private equity, with a focus on global markets and technology-related securities.
SoftBank Vision Fund
SoftBank Vision Fund, part of SoftBank Group, drives innovation across technology sectors by investing in companies with the potential to shape the future of the Information Revolution.
What's next for Keep?
The recent major strategic investment of $360M positions Keep for accelerated expansion and innovation. Given its enterprise-level funding context and consistent capital raises, Keep is likely focused on enhancing its product offerings, exploring new market segments, and potentially pursuing strategic acquisitions. The company's trajectory suggests a strong emphasis on technological advancement and solidifying its leadership in the mobile app development space, with future growth poised to leverage this latest round of financing.
See full Keep company page
