Newegg

Newegg

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Investment Firm

Overview

Newegg Inc. is the leading tech-focused e-retailer in North America, with a global reach into more than 70 countries in Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers its tens of millions of registered users a comprehensive selection of the latest consumer electronics, entertainment, smart home and gaming products. Newegg is consistently ranked as one of the best online shopping destinations, and the company regularly earns industry-leading customer service ratings. Newegg is headquartered in City of Industry, California, with North American distribution facilities located throughout the United States and Canada.

Newegg was founded in 2001 and is based in Whittier, California.

Highlights

Founded

2001

Industry

Software

Employees

1001-5000

Investment

2

Lead Investment

0

Exits

1

Stages

Private Equity, Early Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Newegg, established in 2001 and headquartered in United States, North America., specializes in Private Equity, Early Stage Venture investments across Software, Video, Books, EBooks, Online Portals, Content Delivery Network, Audio, Consulting, Logistics, Social Media. The organization boasts a portfolio of 2 investments, with an average round size of $422.0M and 1 successful exits. Their recent investments include Overdrive, X (formerly Twitter), Chegg, Insight Partners, Bitmain. The highest investment round they participated in was $25.3B. Among their most notable exits are Overdrive and X (formerly Twitter). Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Fred Chang

Fred Chang

Founder and Chairman

imagePlace Montaque Hou

Montaque Hou

CTO

imagePlace Anthony Chow

Anthony Chow

CEO

Investment portfolio

Newegg has made 2 investments. Their most recent investment was on Aug 07, 2018, when Bitmain raised $422.0M.

investments

2

Diversity investments

0

Lead investments

0

Number of exits

1

Investments

2

Annouced DateOrganization NameIndustryMoney Raised
Oct 18, 2010
Overdrive Overdrive
Softwarenull
Aug 07, 2018
Bitmain Bitmain
Semiconductor422.0M

Exits

1

Funding Timeline

Funding rounds

2

Investors

1

Funds

0

Funding Rounds

2

Newegg has raised 2 rounds. Their latest funding was raised on Aug 07, 2018 from a Series B - Bitmain round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Oct 18, 2010
Private Equity Round - Overdrive Private Equity Round - Overdrive
-0-
Aug 07, 2018
Series B - Bitmain Series B - Bitmain
-422.0M-

Investors

1

Newegg is funded by 1 investor(s). Insight Partners Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Insight Partners Insight Partners
No
Venture Round - Newegg
0

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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