ByteDance

About

ByteDance is an internet technology company that operates creative content platforms.

Shanghai,Shanghai,China
10001 - max
http://bytedance.com

Highlights

Details

Last Funding Type: Series E
Industries: Content,Data Mining,Internet,Social Media
Founded date: Mar 1, 2012
Number Of Employee: 10001 - max
Operating Status: Active
Legal Name: ByteDance Ltd.
Also Known As: 字节跳动

Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, Helo, and Resso, as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content. ByteDance's investors include Coatue, General Atlantic, KKR, Sequoia Capital, SIG, and Softbank.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$9.40B

ByteDance has raised a total of $9.40B in funding over 2 rounds. Their latest funding was raised on Dec 11, 2020 from a Private Equity（PE） round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 11, 2020	Private Equity（PE）	$2B	2	Kohlberg Kravis Roberts Japan Sequoia Capital	—	Detail
Mar 30, 2020	Secondary Market	—	1	Tiger Global Management	—	Detail
Aug 26, 2019	Series Unknown	—	1	—	—	Detail
Apr 10, 2019	Debt Financing	$1.30B	4	Goldman Sachs Morgan Stanley	—	Detail
Oct 25, 2018	Series E	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

63

31

ByteDance has made 63 investments. Their most recent investment was on Nov 17, 2022, when Zhengyan Software raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 17, 2022 Zhengyan Software	Angel	—	Advanced Materials	—
Oct 3, 2022 Golden	Series B	$40M	Artificial Intelligence	—
Jan 29, 2022 DH-Robotics	Private Equity（PE）	—	Artificial Intelligence	—
Jan 24, 2022 Silicon Integrated	Series D	—	Application Specific Integrated Circuit (ASIC)	—
Jan 11, 2022 Shexu Technology	Series A	—	Artificial Intelligence	Yes

Investors

Number of Lead Investors

Number of Investors

15

29

ByteDance is funded by 29 investors. Kohlberg Kravis Roberts Japan and Sequoia Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Kohlberg Kravis Roberts Japan	Yes	Private Equity（PE）
Sequoia Capital	Yes	Private Equity（PE）
Tiger Global Management	Yes	Secondary Market
Goldman Sachs	Yes	Debt Financing
Morgan Stanley	Yes	Debt Financing
General Atlantic	Yes	Series E
Kohlberg Kravis Roberts	Yes	Series E
Primavera Capital Group	Yes	Series E
SoftBank Vision Fund	Yes	Series E
CCB International	Yes	Series D

Employee Profiles

Number of Employee Profiles

46

ByteDance has 46 current employee profiles, including Employee Pragya Borar

Employee

Employee

Employee

Employee

Employee

Exits

ByteDance has had 2 exits. ByteDance most notable exits include Li Auto , Zhangyue Technology

Date	Company Name	Exit Type	Industry
Jul 30, 2020	Li Auto	IPO	Automotive	Detail
Sep 21, 2017	Zhangyue Technology	IPO	Consumer Electronics	Detail

Acquisition

ByteDance has acquired 14 organizations. Their most recent acquisition was Xigua Shipin on Aug 16, 2016. They acquired Xigua Shipin for ¥50M.

Date Company Name	Industry	Acquisition Type	Price
Aug 16, 2016 Xigua Shipin	Apps	acquisition	¥ 50M	Detail
Nov 8, 2017 News Republic	Apps	acquisition	$ 86.60M	Detail
Jan 22, 2018 Bcy.net	Comics	acquisition	¥ 50M	Detail
Mar 18, 2019 Mokun Technology	Gaming	acquisition	—	Detail
Apr 29, 2019 Terark	Information Services	acquisition	—	Detail