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How MEGVII grew MEGVII to $199M revenue with a 3000 person team in 2018.

Megvii is a Chinese technology company that designs image recognition and deep-learning software. It is widely known for its Face++ system and provides AI and IoT solutions.

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MEGVII Revenue

In 2018, MEGVII's revenue reached $199M. Since its launch in 2011, MEGVII has shown consistent revenue growth.

MEGVII Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M20112012201320142015201620172018$0$199MSource: GetLatka.com
YearMilestone
2018MEGVII Hit $199m revenue in December 2018
2011Launched with $0 revenue

MEGVII Valuation, Funding Rounds

MEGVII reached a $4B valuation in 2019, set during its Series D round.

MEGVII has raised $1.7B in total funding across 3 rounds, most recently a $750M Series D round in 2019.

MEGVII Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$2B$3B$4B$5B2011201220132014201520162017201820192011 cumulative: $0 • 2011 Founded: $02017 cumulative: $460M • 2011 Founded: $0 • 2017 Venture Round: $460M2018 cumulative: $960M • 2011 Founded: $0 • 2017 Venture Round: $460M • 2018 Venture Round: $500M2019 cumulative: $2B • 2011 Founded: $0 • 2017 Venture Round: $460M • 2018 Venture Round: $500M • 2019 Series D: $750M @ $4B valuation$2B2011 Founded: $0 valuation2019 Series D: $4B valuation$4BSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Series D$750M$4B19%
2018Venture Round$500M--
2017Venture Round$460M--

MEGVII Employees & Team Size

MEGVII employs approximately 3K people as of 2026.

MEGVII has 3K total employees in different roles and functions.

MEGVII Team GrowthReported headcount over time07501,5002,2503,0003,75020112013201520172019202120232025003,0003,000Source: GetLatka.com
YearMilestone
2025Reached 3K employees (June 2025)

Customers

We do not have customer count information for MEGVII yet.

Frequently Asked Questions about MEGVII

What is MEGVII's revenue?

MEGVII generates $199M in revenue.

How much funding does MEGVII have?

MEGVII raised $1.7B.

How many employees does MEGVII have?

MEGVII has 3K employees.

Where is MEGVII headquarters?

MEGVII is headquartered in Beijing, China.

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Compare MEGVII to the industry

MEGVII operates across multiple industries. Browse revenue, funding, and growth data for MEGVII in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .