# Smart Share Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-share-global

- Industry: Consumer Services
- Headquarters: Shanghai, China
- Website: www.enmonster.com
- Total disclosed funding: $366M
- Latest round: Series D (Mar 13, 2021)
- Investors on record: 15

## About

Smart Share Global Limited, based in Shanghai, China, specializes in innovative charging solutions for various commercial environments, enhancing user convenience and meeting the growing demand for on-the-go power options.Founded in 2017, Smart Share Global Limited focuses on providing versatile charging solutions for both retailers and end consumers. The company is led by CEO Mars Cai, who has prior experience in the industry. As of April 1, 2021, the company raised USD 150.03 mn in an IPO, marking a significant funding milestone and showcasing its market presence. The firm has engaged in a total of 7 deals, all aimed at expanding its business operations.Smart Share Global Limited offers a range of charging solutions under the brand ???? (Monster Charging), including compact six-slot cabinets, flexible eight-slot units, and larger twelve-slot models suitable for high-traffic areas. Additionally, the company provides portable power banks for rental, allowing users to easily access charging solutions across multiple locations, primarily in urban areas across China.For the year 2020, Smart Share Global Limited reported a revenue of USD 430.6 mn and an EBITDA of USD 14.4 mn. The revenue primarily stems from rental income generated through the use of power banks and charging cabinets, in conjunction with potential advertising revenue from businesses promoting their products on the charging units.Following its IPO in April 2021, where Smart Share Global Limited raised USD 150.03 mn by selling 17.65 million shares at USD 8.5 each, the company plans to utilize this funding to expand its business reach. Specific upcoming products and features are currently in development, although no release dates have been mentioned. The company is also targeting further market expansion, particularly in new geographic regions, though details regarding these markets have not been specified.

## Funding rounds

- Series D, Mar 13, 2021, $234M — Carlyle Group, CMC Capital Partners, Hillhouse Investment, SBVA, Alibaba Group, Xiaomi Group
- Series C, Dec 24, 2019, $71M — Goldman Sachs Asset Management, Hillhouse Investment, BOC International, SBVA, Shunwei Capital, Advantech Capital, Sky 9 Capital
- Series B, Dec 31, 2018, $30M — New Horizon Capital, Hillhouse Investment, Shunwei Capital, Xiaomi Group
- Series B, Nov 23, 2017, $30M — BlueRun Ventures, Hillhouse Investment, Shunwei Capital, GF Xinde Investment, Crystal Stream, Sky 9 Capital, Xiaomi Group
- Series A, Jul 27, 2017 — BlueRun Ventures, Hillhouse Investment, Shunwei Capital, GF Xinde Investment, Crystal Stream, Sky 9 Capital
- Angel, Apr 21, 2017 — Hillhouse Investment, Shunwei Capital, Crystal Stream, Xiaomi Group

## Investors

- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Angel, Series A, Series B, Series C, Series D
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel, Series A, Series B, Series C
- Crystal Stream (https://capitalatlas.ai/funds/crystal-stream) — Angel, Series A, Series B
- Xiaomi Group — Angel, Series B, Series D
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A, Series B
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series A, Series B
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series A, Series B, Series C
- New Horizon Capital — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- BOC International (https://capitalatlas.ai/funds/boc-international) — Series C
- SBVA (https://capitalatlas.ai/funds/sbva) — Series C, Series D
- Advantech Capital (https://capitalatlas.ai/funds/advantech-capital) — Series C
- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series D
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series D
- Alibaba Group — Series D