Waterdrop

company

About

Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact.

  • 1001 - 5000

Details

Last Funding Type
Series A
Last Funding Money Raised
¥160M
Industries
Health Care,Health Insurance,Insurance,InsurTech,Medical
Founded date
Mar 1, 2016
Number Of Employee
1001 - 5000
Operating Status
Active

Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
¥1.21B $74M
Waterdrop has raised a total of ¥1.21B $74M in funding over 2 rounds. Their latest funding was raised on Jun 12, 2019 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 12, 2019 Series C ¥1B 1 Detail
Mar 27, 2019 Series B $74M 1 Detail
Aug 30, 2017 Series A ¥160M 2 Detail
May 9, 2016 Series A ¥50M 3 Detail

Investors

Number of Lead Investors
Number of Investors
3
Waterdrop is funded by 3 investors. Gaorong Capital and Meituan are the most recent investors.
Investor Name Lead Investor Funding Round
Gaorong Capital Series C
Meituan Series A
Light-Up Capital Series A