What is Zepp Labs?
Zepp Labs, formerly Huami Corp. (HMI), rebranded in February 2012 to better reflect its global health focus. Founded in 2013, the company has built a robust platform integrating proprietary AI chips, biometric sensors, and advanced data algorithms. This technological foundation powers a diverse range of smart health devices for consumers and provides data analytics services for population health management. Zepp Health stands as one of the world's leading developers of smart wearable health and consumer fitness devices, demonstrating substantial market penetration with significant unit shipments.
How much funding has Zepp Labs raised?
Zepp Labs has raised a total of $21M across 3 funding rounds:
Other Financing Round
$1M
Series A
$5M
Series B
$15M
Other Financing Round (2012): $1M with participation from Cherubic Ventures
Series A (2013): $5M led by Legend Capital
Series B (2014): $15M supported by GGV Capital and Legend Capital
Key Investors in Zepp Labs
Cherubic Ventures
Cherubic Ventures is an early-stage venture capital firm based in Silicon Valley and Greater China, focusing on investing in ambitious founders from angel to pre-IPO stages. The firm has a diverse portfolio that includes successful companies like Hims & Hers, Calm, and Flexport, showcasing its commitment to supporting innovative startups across various industries.
GGV Capital
Co-founded in Silicon Valley and Singapore in 2000, GGV Capital is a global venture firm that invests in local founders. With billions under management, with investments across the globe, As a multi-stage, sector-focused firm, GGV Capital invests in seed-to-growth stage companies across three sectors: Social/Internet, Enterprise Tech, and Smart Tech.
Legend Capital
Legend Capital, founded in April 2001, is a local private equity fund manager and a member of Legend Holdings. Legend Capital is now managing USD funds and RMB funds with a total size of US$9 billion, and focuses on innovation and growth enterprises with operations in China or related to China.
What's next for Zepp Labs?
The recent major strategic investment signals Zepp Labs' readiness for its next phase of expansion, likely focusing on scaling operations, enhancing its technological capabilities, and broadening its market reach. This capital infusion is expected to accelerate product development and reinforce its position as a key player in the connected health ecosystem, potentially exploring new verticals or deepening its existing market penetration.
See full Zepp Labs company page