Peng Shen is the founder of Waterdrop. Waterdrop has raised $885M in total funding. Latest round: IPO. Backed by Tencent, IDG Capital, Boyu Capital.
Peng Shen is the founder of Waterdrop Inc., a Chinese insurtech company established in 2016 to address catastrophic medical costs through social mutual aid and crowdfunding. He leveraged his prior experience at Meituan to build Waterdrop into a listed company on the NYSE (WDH) in May 2021, where he remains the dominant individual shareholder.
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