"AiHouse" is completing hundreds of mn of CNY in Series D financing

Technology Author: Xin Zeng, 邢怡然 Jun 28, 2023 10:02 PM (GMT+8)
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AiHouse(三维家), an Chinese AI+ cloud industrial software company headquartered in Guangzhou, China, recently announced the completion of a Series D financing round of hundreds of millions of dollars.

AiHouse was established in 2013, focuing on the home vertical market segment, has Launched three major products including 3D cloud design, cloud manufacturing and CNC system, for the home manufacturing industry to provide a new generation of "cloud" "AI" " Modeling、simulation、processing integration" of the cloud industrial software solutions.

The official website of AiHouse shows that it has more than 1.5 million retail stores, more than 5 million designer clients, more than 3 million total properties, more than 28 million total house models, and more than 1.63 billion total renderings.

EqualOcean consult the professional institutions focusing on digital research ifenxi(爱分析) estimates that the overall market size of our national home industry software in 2022 is 38.3 billion CNY, the next 10 years CAGR will reach 11.35%, the overall market size will exceed 100 billion. So far, there are more than 6,000 home furnishing enterprises through the "front and back-end integration" to achieve cost reduction and increase revenue, including ZBOM(志邦家居)、GLOBAL GOLD MEDAL(金牌橱柜), DeRucci(慕思) and other well-known enterprises, three-dimensional home user scale is climbing year by year.

At present, AiHouse has been established, including the United States, France, Spain, the United Kingdom, India, Malaysia, Singapore, Vietnam, including 21 overseas service organizations, in Europe, Southeast Asia and other markets focus on layout, for example, in Malaysia, the international version of the design software AiHouse has a market share of about 10%. With more than 20,000 global users, more than 100 million total design drawings and more than 3 billion total materials, 3D Home is trusted by more than 5 million designers and more than 170,000 companies worldwide.

Cloud-based, AI-enabled industrial software is on the same starting line globally, with huge market space. China's representative companies are CurrentCAD(卡伦特科技), AiHouse; international, France's Dassault Systèmes(达索), Germany's SAP(思爱普), MPDV, the United States of Oracle(甲骨文), QAD(卡德), etc. are quite strong.

Three-dimensional home the D round of financing investors for the CASH(国科投资), INOVANCE(汇川科技), post-investment valuation will reach nearly 600 million USD. Previously, three dimensional home has been  SBCVC(软银中国), GF Xinde investment (广发信德) and REDSTAR MACALLINE(红星美凯龙)and other institutions of tens of millions of CNY A series, 300 million CNY B series strategic investment and Alibaba(阿里巴巴) 500 million CNY C series strategic investment. This round of financing funds will be mainly used to accelerate the iterative upgrade of its product matrix, and increase the investment in AI artificial intelligence and other technologies in research and development, in order to strengthen the leading position of AiHouse in the field of home furnishing design, marketing and production software.