When was Panshi founded?

Panshi was founded in 2004 and became a unicorn in 2015, reaching the milestone in 11 years. It raised its 1st funding round 7 years after its incorporation.

Where is Panshi located?

Panshi is headquartered in Hangzhou, China.

Who is the current CEO of Panshi?

Tian Ning of Panshi. They have also founded 1 company.

How many employees does Panshi have?

As of May 31, 2026, the latest employee count at Panshi is 378.

Is Panshi a funded company?

Panshi is a funded company, having raised a total of $661M across 4 funding rounds to date. The company's 1st funding round was a $20M Series A round, raised on Jan 04, 2011.

How much is Panshi worth?

The latest valuation of Panshi is $1B as of May 05, 2015.

When was the latest funding round of Panshi?

Panshi's latest funding was a $325M Series D round on Oct 18, 2018, with participation from 3 investors.

Is Panshi a AdTech company?

The primary sector of Panshi is AdTech.

Where does Panshi rank among its competitors?

Panshi ranks 36th amongst 1154 active competitors, of which 65 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was The Arena Group, which secured $12M in Feb, 2024.

Who are the top competitors of Panshi?

Panshi's top competitors include Verve, Captify and EX.CO. Among them, The Arena Group secured the most recent funding round in February, 2024.

Panshi - 2026 Company Profile, Team, Funding & Competitors

Company Details

Panshi offers online and mobile advertising solutions for SMEs and operates an Ad network called Adyen. Panshi offers behavioural targeting, geo-targeting options to the advertisers. Its Ad Exchange integrates major mobile platforms including apps mobile sites. Also, offers a product for ad management which includes planning, ad optimization, advertising data management, and delivery of ads.

Website: adyun.com/index/home
Social

Key Metrics

Founded Year

2004

Location

Hangzhou, China

Stage

Series D

Total Funding

$661M in 4 rounds

Latest Funding Round

Series D, Oct 18, 2018, $325M

Post Money Valuation

$1B as on May 05, 2015

Investors

NewMargin Ventures & 9 more

Ranked

36^th among 1154 active competitors

Employee Count

378 as on May 31, 2026

Similar Companies

Verve & 2213 more

View Panshi's full profile

Panshi has raised a total funding of $661M over 4 rounds. Its first funding round was on Jan 04, 2011. Its latest funding round was a Series D round on Oct 18, 2018 for $325M. 3 investors participated in its latest round. Panshi has 10 institutional investors.

Here is the list of recent funding rounds of Panshi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2018	$325M	Series D	-	-	Cybernaut	Hana Financial Group, CCB trust
Dec 29, 2016	$116M	Series C	-	-	-	-
May 05, 2015	$200M	Series B	$1B	-	NewMargin Ventures	JD Capital, WI Harper Group, Fangyi Equity Investment Fund

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View details of Panshi's funding rounds and investors

The founders of Panshi is Tian Ning. Tian Ning and are the CEOs of Panshi.

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

Tian Ning: Founder & CEO of Panshi.

View details of Panshi's Founder profiles and Board Members

Panshi's employee count trend

Panshi has 378 employees as of May 26. Here is Panshi's employee count trend over the years:

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Top competitors of Panshi include Verve, Captify and EX.CO. Here is the list of Top 10 competitors of Panshi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Verve 2005, New York City (United States), Acquired	Provider of privacy first omni channel advertising platform	$263M	Kindred Capital, Elderstreet Investments ... & 19 others	77/100
2nd	Captify 2011, London (United Kingdom), Acquired	Online open web search intelligence platform in the advertising sector	$17M	Smedvig Capital, Accel-KKR & 4 others	68/100
3rd	EX.CO 2012, New York City (United States), Series C	Content management platform	$69.2M	Viola Group, 83NORTH & 12 others	67/100
4th	OpenWeb 2012, New York City (United States), Series F	Provider of cross device ad network	$393M	Insight Partners, Georgian & 27 others	66/100
5th	Affinity 1996, San Francisco (United States), Acquired	AdTech solutions provider, pioneering new frontiers for publishers and advertisers	$60M	Columbia Capital, Pamlico Capital & 6 others	65/100
6th	GumGum 2007, Santa Monica (United States), Series E	Advertisement management platform for businesses	$134M	Morgan Stanley, Goldman Sachs Investment Partners ... & 10 others	65/100
7th	MediaAlpha 2010, Redmond (United States), Public	Provider of ad network solutions	-	Insignia Capital Group, Western Alliance Bank ... & 2 others	64/100
8th	Wunderkind 2010, New York City (United States), Acquired	Adnetwork and performance marketing platform	$156M	Contour Venture Partners, Neuberger Berman ... & 24 others	63/100
9th	The Arena Group 2011, New York City (United States), Public	Platform offering ad network software	-	B. Riley & Co.	57/100
10th	SVG Media 2006, Gurugram (India), Acqui-Hired	Digital media network	$3.17M	Overture Europe Bv, Yahoo & 3 others	56/100
36th	Panshi 2004, Hangzhou (China), Series D	Online and mobile advertising solutions provider to SMEs	$661M	CCB trust, Hana Financial Group & 8 others	45/100