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Sunmi Technology
Shanghai SUNMI Technology Co., Ltd is an innovation-based enterprise providing high performance, commercial hardware solutions
About Sunmi Technology
Shanghai Sunmi Technology Co., Ltd. operates as a technology company focused on providing intelligent hardware for the commercial sector. Founded in 2013 by Jack Lin, Pater Li, and Wang Zhen, the company is headquartered in Shanghai, China, with a global presence across multiple continents. Jack Lin, the CEO, brings extensive experience from his time as founder and CEO of CITAQ, a mobile POS company. His vision for Sunmi is rooted in the principle of "altruism," aiming to empower merchants by integrating software and hardware solutions.
The company develops a wide array of smart Internet of Things (IoT) devices based on its customized Android operating system, SUNMI OS. Its product portfolio includes handheld mobile computers, desktop point-of-sale (POS) terminals, payment terminals, self-service kiosks, and intelligent cameras. These products are designed for durability and high-volume use in various commercial environments. Sunmi's business model revolves around providing these hardware solutions to a diverse client base that spans retail, hospitality, food and beverage, logistics, and healthcare sectors. The company serves merchants by enabling them to handle omnichannel payments, including bank cards, QR codes, and e-wallets, as well as manage inventory, online orders, and customer loyalty programs.
Sunmi's ecosystem is supported by the SUNMI Cloud for IoT management and the SUNMI App Store, which hosts thousands of business applications from software partners. This platform approach allows for extensive customization and integration with existing business systems. Significant milestones include receiving early-stage funding from investors like Xiaomi and Meituan Dianping. The company has secured multiple funding rounds, including a Series C round led by Ant Group, and has expanded its operations to over 200 countries and regions, working with a vast network of partners. In 2024, Sunmi opened its global headquarters in Singapore to accelerate its "Business 4.0" strategy, which aims to create an interconnected ecosystem for businesses.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| IPO✓Exit | Jul 2026 | $128M | — | Undisclosed | ↗ |
| SERIES C✓Equity / VC | Jan 2019 | — | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Sunmi Technology is 240K monthly website visits, up 4.3% over the last three months. Sunmi Technology's team grew 8.4% over the past year.
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Investors
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Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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