Waterdrop Funding: $885M Raised, IPO (2021)

Waterdrop is based in Shanghai, China. It has raised $885M in total funding. Latest round: IPO. Backed by Tencent, IDG Capital, Boyu Capital.

Waterdrop funding overview

Waterdrop is based in Shanghai, China. Waterdrop has raised $885M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is an IPO announced in May 2021. The round record for Waterdrop runs through 2021; nothing later has been disclosed. Investors on record include Tencent, IDG Capital, Boyu Capital. 3 distinct backers are named across the disclosed rounds.

Waterdrop at a glance

Total raised
$885M
Latest round
IPO
Latest round date
May 2021
Headquarters
Shanghai, China
Notable investors
Tencent, IDG Capital, Boyu Capital

Frequently asked about Waterdrop funding

How much has Waterdrop raised?
Waterdrop has raised $885M in total disclosed funding across the rounds on record.
Who has invested in Waterdrop?
Tencent, IDG Capital, Boyu Capital are named among the investors backing Waterdrop.
What was the latest Waterdrop funding round?
The most recent disclosed round is an IPO, announced in May 2021.
Where is Waterdrop based?
Waterdrop is based in Shanghai, China.
When did Waterdrop last raise?
The last disclosed Waterdrop round closed in May 2021 at IPO.

We update the Waterdrop record whenever a new round is filed or announced, so the totals above track the public record rather than estimates. Related companies in Shanghai and their backers are listed below.

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