BEST
Latest round
- Series D
Last raised
- Dec 2012
Total raised
- $50M
Investors
- 7
About BEST
BEST Inc.Founded in 2007 in Hangzhou, China, BEST Inc. specializes in logistics and supply chain management. The company was co-founded by David Dotcom and Johnny Chou and has undergone various operational pivots since its inception.BEST Inc. specializes in providing comprehensive logistics and supply chain solutions tailored to meet the needs of businesses across various sectors. Their core offerings include integrated supply chain services, freight forwarding, and last-mile delivery, aimed at enhancing operational efficiency and streamlining logistics processes. The company addresses challenges related to shipping delays, inventory management, and fulfillment through technology-driven solutions that optimize routes and reduce costs. BEST Inc.In the most recent fiscal year of 2022, BEST Inc.39 mn. The company's revenue model is structured around partnerships and direct service agreements, focusing on B2B logistics solutions that involve freight forwarding services and warehousing contracts.BEST Inc. The company is focused on expanding its footprint in key markets, particularly in North America and Southeast Asia, by launching new service offerings designed to address evolving logistics challenges. Additionally, BEST Inc. is working on designing new products that enhance its technological capabilities in logistics management, with the goal of rolling out these innovations in the coming years.
Who invested in BEST
7 investors across 5 rounds
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Questions about BEST
Who invested in BEST?
BEST has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BEST raised?
BEST has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did BEST last raise money?
BEST's most recent round on record is a Series D, in Dec 2012.
What does BEST do?
BEST is a logistics & distribution company.
Where is BEST headquartered?
BEST is headquartered in Hangzhou, China.
Which VCs invest in companies like BEST?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back logistics & distribution companies at BEST's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series D
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