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Huami

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Xiaomi’s wearable device partner

Dongcheng District, ChinaFounded 2013Wellness Beauty
Valuation $100–500M Latest valuation · 2026
Revenue $100–500M Latest reported FY
Total funding $50–100M Disclosed equity funding
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About Huami

Established in 2013 by founder and CEO Wang Huang, Huami Corporation, which rebranded to Zepp Health (NYSE: ZEPP) in February 2021, operates as a key player in the smart wearable and health technology market. Huang's background in technology, including founding companies focused on tablets and embedded Linux systems, provided a strong foundation for Huami's direction. The company became the first Chinese smart hardware company to list on the New York Stock Exchange in February 2018, trading under the ticker HMI, which later changed to ZEPP.

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Zepp Health's business model is centered on a "chip + device + cloud" strategy. It designs, develops, and manufactures its own products, including the self-branded Amazfit line, and also serves as the exclusive partner for designing and making Xiaomi-branded smart bands, watches, and scales. Initially, a substantial portion of its revenue, over 97% in 2015, came from its partnership with Xiaomi. However, the company has since focused on growing its own Amazfit brand, which accounted for a significantly larger portion of revenue in subsequent years. The company generates revenue through the sale of its hardware and is expanding into health cloud services, offering data analytics for population health.

The company's product portfolio is extensive, featuring smartwatches, fitness bands, and other health-related devices like smart scales and treadmills under the Amazfit and Zepp brands. The Amazfit smartwatch line includes various series catering to different consumer needs, such as fashion, outdoor, and health-focused models. A core component of their strategy is the development of proprietary technology, including AI chips like the "Huangshan" series, biometric sensors, and data algorithms. These technologies power the Zepp Digital Health Management Platform and Zepp OS, which provide users with 24/7 actionable insights and wellness guidance. The company has also acquired the core assets of Zepp, a California-based sensor company, to bolster its technological capabilities, particularly in sports and fitness.

Zepp Health targets a global consumer base, with its products available in over 90 countries. Beyond individual consumers, the company is also targeting the industrial healthcare technology market, forming strategic partnerships with companies in insurance and medical imaging. This strategic shift was a key driver behind the rebranding from Huami to Zepp Health, aiming for a name that transcends languages and reflects a broader commitment to connecting health with technology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Dongcheng District, China
Open positions
None listed
Dealroom signal
25.3/100
Industry
Wellness Beauty
Sector
Wellness Beauty, Wearable, Hard Tech
Technology
Hardware, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b
Investment activity
5 companies, latest Jul 2019
Capital deployed
$131M
Preferred round
SERIES C

Latest news

Press, funding announcements and product moves mentioning Huami.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOOther financing Feb 2018 $110M $690M Undisclosed
SERIES BOther financing Apr 2015 $35M $140M Banyan Capital Partners · 5Y Capital
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Huami website traffic

Latest recorded traffic for Huami is 1.8K monthly website visits, up 87.5% over the last three months.

Latest monthly visits1.8K 3-month web change+87.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Xiaomi

Series A4 investors entered at this stage

Other known investors1 additional known investor

  • HSG
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Dongcheng District HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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