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§ Private Profile · Dongcheng, Shaanxi, China
Co-working and co-living space provider offering integrated workspaces, residential, and lifestyle amenities, fostering urban community ecosystems.
5Lmeet is a Beijing, China-based real estate company that operates hybrid co-working and co-living spaces integrated with lifestyle amenities such as fitness centers, restaurants, and residential apartments. The organization generates revenue by leasing private offices, shared desks, and residential units to startups, freelancers, and small-to-medium enterprises while collecting commercial rent from on-site retail vendors. Following its initial launch, the company reached a valuation exceeding RMB 3 billion and outlined plans to expand its footprint to at least ten additional locations across major urban centers. The enterprise secured a RMB 400 million Series A funding round from a syndicate of fourteen investors, subsequently adding a RMB 100 million investment to support its property development initiatives. 5Lmeet is backed by prominent institutional investors including GIC, Sequoia Capital China, Matrix Partners China, and ZhenFund. The company was founded in 2015 by former China Vanke executive Mao Daqing.
5Lmeet has raised $59.5M across 1 funding round.
5Lmeet has raised $59.5M in total across 1 funding round.
5Lmeet has raised $59.5M in total across 1 funding round.
5Lmeet's investors include Gaorong Capital, Huagai Capital, Shengjing Network.
5Lmeet has raised $59.5M across 1 funding round. Most recently, it raised $59.5M Series A in October 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 12, 2016 | $59.5M Series A | — | Gaorong Capital, Huagai Capital, Shengjing Network | Announced |