# Babytree funding: rounds and investors

> Babytree has raised $463M across 5 rounds since 2007. Investors include Matrix Partners, SIG China (SIG Asia Investments) and Fosun Group.

Source: https://millionrounds.com/company/babytree (Millionrounds; every figure on the page links to its filing or article)

China · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Babytree*

5 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$463M** raised across 5 rounds since 2007, from 5 sources

**$1.0M** Series A **$25M** Venture **$437M** Round

- **Latest round:** Round, $437M Dec 2016
- **Step-up i:** 17.5×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015

**$1.0M** Series A

**?** Series B

**?** Series C

**$25M** Venture

**$437M** Round

- **First round:** Series A, $1.0M
- **Biggest round:** $437M
- **Usual gap between rounds:** 2.9 years

## The rounds

- **Dec 2016** Round **$437M** *1 new* [Fosun Group](https://millionrounds.com/fund/fosun-group) Reported by FinSMEs
- **Jan 2014** Venture **$25M** *1 new* [TAL Education Group](https://millionrounds.com/fund/tal-education-group) From a historical funding record
- **Jan 2011** Series C **Amount undisclosed** *1 new* [SIG China (SIG Asia Investments)](https://millionrounds.com/fund/sig-china-sig-asia-investments) From a historical funding record
- **Mar 2008** Series B **Amount undisclosed** *1 returning* [Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) From a historical funding record
- **Jan 2007** Series A **$1.0M** *1 new* [Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2007 **Series B** 2008 **Series C** 2011 **Venture** 2014 **Round** 2016 [Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) [SIG China (SIG Asia Investments)](https://millionrounds.com/fund/sig-china-sig-asia-investments) [Fosun Group](https://millionrounds.com/fund/fosun-group) [TAL Education Group](https://millionrounds.com/fund/tal-education-group)

## Everyone who backed them

[Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) VC firm **2** rounds

[SIG China (SIG Asia Investments)](https://millionrounds.com/fund/sig-china-sig-asia-investments) VC firm **1** round

[Fosun Group](https://millionrounds.com/fund/fosun-group) Corporate VC **1** round

[TAL Education Group](https://millionrounds.com/fund/tal-education-group) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=babytree).

## Quick answers about Babytree

### Who invested in Babytree?

Babytree's investors include Matrix Partners, SIG China (SIG Asia Investments), Fosun Group and TAL Education Group.

### How much has Babytree raised?

Babytree has raised $463M across 5 rounds since 2007. 2 rounds did not disclose an amount, so the total is a floor.

### When did Babytree last raise?

Babytree's most recent round was an Undisclosed round of $437M in Dec 2016.

### What was Babytree's biggest round?

Its most recent round, $437M in Dec 2016, is also its largest on record.

### Who backed Babytree first?

Babytree's first round on record, in Jan 2007, was backed by Matrix Partners.

### What stage is Babytree at?

Babytree's latest named round is an Undisclosed round, in Dec 2016.

### Where is Babytree based?

Babytree is based in China.

## Companies like Babytree

In the same sector, and raised in the last eighteen months.

[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)

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