When was 111 Group founded?

111 Group was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is 111 Group located?

111 Group is headquartered in Guangzhou, China.

How many employees does 111 Group have?

As of May 31, 2026, the latest employee count at 111 Group is 118.

Is 111 Group a funded company?

111 Group is a funded company, having raised a total of $122M across 4 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on 2014.

When was the latest funding round of 111 Group?

111 Group's latest funding was a $***** Post IPO round on Dec 11, 2020, with participation from 5 investors. Its primary sector is Healthcare Booking Platforms. In China, the Healthcare Booking Platforms sector has seen $19.2M in funding in 2026 to date.

Where does 111 Group rank among its competitors?

111 Group ranks 2nd amongst 41 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Jianke, which secured $19.2M in Jan, 2026.

Who are the top competitors of 111 Group?

111 Group's top competitors include Jianke, 7LK and JD Health. Among them, Jianke secured the most recent funding round in January, 2026.

111 Group - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online pharmacy for selling pharmaceuticals and health products. It is an online drugstore that sells over-the-counter medications, traditional Chinese remedies, and a variety of other health products such as dental products, contact lenses, baby and mother care products, etc.

Key Metrics

Founded Year

2010

Location

Guangzhou, China

Stage

Public

Total Funding

$122M in 4 rounds

Latest Funding Round

Post IPO, Dec 11, 2020, $*****

Investors

Verlinvest & 11 more

Ranked

2^nd among 41 active competitors

Employee Count

118 as on May 31, 2026

Similar Companies

NimbleRx & 4469 more

Exit Details

Public

View 111 Group's full profile

111 Group got listed on Sep 28, 2018.

Click here to take a look at 111 Group's IPO in detail

111 Group has raised a total funding of $122M over 4 rounds. Its first funding round was on 2014. Its latest funding round was a Post IPO round on Dec 11, 2020 for $*****. 5 investors participated in its latest round. 111 Group has 12 institutional investors.

Here is the list of recent funding rounds of 111 Group:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2020	9316898	Post IPO	1729375	9112094	5028084	2014945
Apr 26, 2018	6557417	Series C	2954818	2898452	9058422	6917528
Jan 30, 2015	1149110	Series C	2783841	5889128	1036789	6213797

Access funding benchmarks and valuations. Sign up today!

View details of 111 Group's funding rounds and investors

The founders of 111 Group is Gang Yu.

Here are the details of 111 Group's key team members:

Gang Yu: Co-Founder of 111 Group and founder of 1 other company.
Contact Info: 1 email address

View details of 111 Group's Founder profiles and Board Members

111 Group's employee count trend

111 Group has 118 employees as of May 26. Here is 111 Group's employee count trend over the years:

Uncover 111 Group's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of 111 Group include Jianke, 7LK and JD Health. Here is the list of Top 10 competitors of 111 Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Jianke 2009, Haidian (China), Public	Online pharmacy for OTC medicines	$280M	Crescent Point, ShenZhen GTJA Investment Group ... & 8 others	65/100
2nd	111 Group 2010, Guangzhou (China), Public	Online pharmacy for selling pharmaceuticals and health products	$122M	Verlinvest, GeniLink Capital & 10 others	64/100
3rd	7LK 2011, Guangzhou (China), Public	Online drugstore	$48M	Sequoia Capital, ShenZhen GTJA Investment Group ... & 8 others	59/100
4th	JD Health 2008, China, Public	Online platform for the purchase of nutritional supplements and healthcare devices	-	Yixiang Capital, HongShan & 3 others	41/100
5th	Shanghai Pharmaceutical 2015, Shanghai (China), Series C	Provider of a cloud-based mobile app for purchasing medicines online	$228M	Industrial and Commercial Bank of China, China Jianyin Investment ... & 7 others	40/100
6th	Kfyao 2014, Beijing (China), Deadpooled	O2O pharmacy ordering and delivery platform	$48.2M	Tiantu Capital, Unity Ventures & 2 others	34/100
7th	Jingle fast medicine 2014, Beijing (China), Series C	O2O platform for medicines	$265M	Yingke Capital, SBCVC & 1 others	34/100
8th	Xiaoyao Pharmaceutical 2015, Chongqing (China), Funding Raised	Online pharmacy and medical instrument store	-	Sequoia Capital China, Source Code Capital ... & 2 others	33/100
9th	Hezongyy 2010, Chengdu (China), Funding Raised	Provider of an online pharmacy for multiple diseases	-	Mumeng Group, Hairong Capital & 1 others	33/100
10th	Kangze Pharmaceutical 2006, Tianhe (China), Funding Raised	Provider of an online pharmacy to buy multiple healthcare products	-	New Access Capital, Tianxing Capital & 1 others	29/100