When was Dreame founded?

Dreame was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Dreame located?

Dreame is headquartered in Suzhou, China. It is registered at Rīga, Augusta Deglava iela 104 - 38.

Which legal entities is Dreame associated with?

Dreame is associated with Dream Tech Technologies.

How many employees does Dreame have?

As of Mar 31, 2026, the latest employee count at Dreame is 1046.

Is Dreame a funded company?

Dreame is a funded company, having raised a total of $551M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Sep 03, 2020.

When was the latest funding round of Dreame?

Dreame's latest funding was a $***** Series C round on Oct 21, 2021, with participation from 11 investors.

Where does Dreame rank among its competitors?

Dreame ranks 2nd amongst 44 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Narwal, which secured $100M in Apr, 2025.

Who are the top competitors of Dreame?

Dreame's top competitors include iRobot, ECOVACS Robotics and Narwal. Among them, Narwal secured the most recent funding round in April, 2025.

Dreame - 2026 Company Profile, Team, Funding & Competitors

Dreame is a series C company based in Suzhou (China), founded in 2020 by Yu Hao. It operates as an Internet-first brand offering cleaning robots for homes. Dreame has raised $551M in funding from investors like China Renaissance Group, IDG Capital and CPE. The company has 44 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like iRobot, ECOVACS Robotics and Narwal.

Company Details

Internet-first brand offering cleaning robots for homes. Its product catalog includes stick-based vacuums, wet cleaning vacuums, automatic cleaning vacuums, and dust tank devices. Its features include 3D scanning, dust detection, LCD screens, and more. It is applicable for floor, carpet, furniture, and car cleaning.

Website: www.dreametech.com/
Social
Email ID: *****@dreame.tech
Registered Address: Rīga, Augusta Deglava iela 104 - 38

Key Metrics

Founded Year

2020

Location

Suzhou, China

Stage

Series C

Total Funding

$551M in 2 rounds

Latest Funding Round

Series C, Oct 21, 2021, $*****

Investors

China Renaissance Group & 16 more

Ranked

2^nd among 44 active competitors

Employee Count

1,046 as on Mar 31, 2026

Similar Companies

iRobot & 232 more

View Dreame's full profile

Dreame is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Dream Tech Technologies CIN: 40003847481 , Latvia, Active	Aug 10, 2006	€0 - €1M (As on Dec 31, 2024)	2 (As on Dec 31, 2023)	-

Dreame has raised a total funding of $551M over 2 rounds. Its first funding round was on Sep 03, 2020. Its latest funding round was a Series C round on Oct 21, 2021 for $*****. 11 investors participated in its latest round. Dreame has 17 institutional investors.

Here is the list of recent funding rounds of Dreame:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2021	5324606	Series C	9151669	6543731	1931073	1408646
Sep 03, 2020	1175292	Series B	6346181	7250608	IDG Capital	Xiaomi & 3 more

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View details of Dreame's funding rounds and investors

The founders of Dreame is Yu Hao.

Here are the details of Dreame's key team members:

Yu Hao: Founder of Dreame.

View details of Dreame's Founder profiles and Board Members

Dreame's employee count trend

Dreame has 1,046 employees as of Mar 26. Here is Dreame's employee count trend over the years:

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Top competitors of Dreame include iRobot, ECOVACS Robotics and Narwal. Here is the list of Top 10 competitors of Dreame, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	iRobot 1990, New Bedford (United States), Acquired	Provider of cleaning robots for domestic purpose	$13M	27th Street Capital, Initiative Equity Partners ... & 10 others	85/100
2nd	Dreame 2020, Suzhou (China), Series C	Internet-first brand offering cleaning robots for homes	$551M	Yunfeng Capital, Shunwei Capital & 15 others	69/100
3rd	ECOVACS Robotics 2006, China, Funding Raised	Manufacturer of robotic solutions for home cleaning and lawn maintenance	-	Yixing Capital	67/100
4th	Narwal 2016, Dongguan (China), Series E	Internet-first brand offering robots for cleaning purposes	$116M	Source Code Capital, ByteDance & 14 others	66/100
5th	Roborock 2014, Beijing (China), Public	Developer of robotic vacuum cleaners for consumer purposes	-	Gaorong Capital, Shunwei Capital & 2 others	64/100
6th	Ilife 2007, Shenzhen (China), Unfunded	Vacuum cleaning robots for consumers	-	-	55/100
7th	Proscenic 1998, Shenzhen (China), Unfunded	Provider of vacuum robots and cordless vacuum cleaner	-	-	45/100
8th	Ultenic 2019, Shenzhen (China), Unfunded	Provider of robot vacuum cleaner	-	-	43/100
9th	Neabot 2018, Shenzhen (China), Unfunded	Manufacturer of a vacuum robot system	-	-	42/100
10th	Vactidy 2013, Shenzhen (China), Unfunded	Online platform offering a wide range of surface cleaning appliances	-	-	41/100