# Chehaoduo funding: rounds and investors

> Chehaoduo has raised $1.2B across 3 rounds since 2017. Investors include Sequoia Capital, DST and BlueRun Ventures. Every round with its source.

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

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

# Who invested in *Chehaoduo*

3 rounds we have observed, with the 17 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

Valuation: $10B, Mar 2026

Funding summary Updated 26 Oct 2026

**$1.2B** raised across 3 rounds since 2017, from 3 sources

**$180M** Round **$818M** Round **$162M** Series C

- **Latest round:** Series C, $162M Oct 2018
- **Biggest round:** $818M Round · Mar 2018
- **Investors:** 17

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.

2018

**$180M** Round

**$818M** Round

**$162M** Series C

- **First round:** Round, $180M
- **Biggest round:** $818M
- **Usual gap between rounds:** 7 months

## The rounds

- **Oct 2018** Series C **$162M** *3 new* [CKE](https://millionrounds.com/fund/cke) [Nuoweiqi VC](https://millionrounds.com/fund/nuoweiqi-vc) Tiantu Capital/ DST Reported by China Money Network
- **Mar 2018** Round **$818M** *7 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [GIC](https://millionrounds.com/fund/gic) [YunFeng Capital](https://millionrounds.com/fund/yunfeng-capital) [DST](https://millionrounds.com/fund/dst) [Shougang Fund](https://millionrounds.com/fund/shougang-fund) [Taihe](https://millionrounds.com/fund/taihe) [VEST](https://millionrounds.com/fund/vest-2) Shanhang Tencent/ ICBC Reported by China Money Network
- **Oct 2017** Round **$180M** *7 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Matrix](https://millionrounds.com/fund/matrix) [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) [Capital Today](https://millionrounds.com/fund/capital-today-group) [DST](https://millionrounds.com/fund/dst) Bok of China Reported by China Money Network

## 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.

**Round** 2017 **Round** 2018 **Series C** 2018 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [DST](https://millionrounds.com/fund/dst) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Matrix](https://millionrounds.com/fund/matrix) [GIC](https://millionrounds.com/fund/gic) [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) [Capital Today](https://millionrounds.com/fund/capital-today-group) [YunFeng Capital](https://millionrounds.com/fund/yunfeng-capital) [Shougang Fund](https://millionrounds.com/fund/shougang-fund) [Taihe](https://millionrounds.com/fund/taihe)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[DST](https://millionrounds.com/fund/dst) Growth equity **2** rounds

[BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) VC firm **1** round

[Matrix](https://millionrounds.com/fund/matrix) Hedge fund **1** round

[GIC](https://millionrounds.com/fund/gic) Private equity **1** round

[Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) Private equity **1** round

[Capital Today](https://millionrounds.com/fund/capital-today-group) VC firm **1** round

[YunFeng Capital](https://millionrounds.com/fund/yunfeng-capital) Private equity **1** round

[Shougang Fund](https://millionrounds.com/fund/shougang-fund) Investment firm **1** round

[Taihe](https://millionrounds.com/fund/taihe) Growth equity **1** round

[CKE](https://millionrounds.com/fund/cke) Growth equity **1** round

[Nuoweiqi VC](https://millionrounds.com/fund/nuoweiqi-vc) VC firm **1** round

[VEST](https://millionrounds.com/fund/vest-2) VC firm **1** round

Bok of China no record of our own yet **1** round

Shanhang no record of our own yet **1** round

Tencent/ ICBC no record of our own yet **1** round

Tiantu Capital/ DST no record of our own yet **1** round

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

## Also claim to have backed them

These 2 firms list Chehaoduo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Welight Capital](https://millionrounds.com/fund/welight-capital) VC firm Per its own site

[Hike Capital](https://millionrounds.com/fund/hike-capital) VC firm Per its own site

## Quick answers about Chehaoduo

### Who invested in Chehaoduo?

Chehaoduo's investors include Sequoia Capital, DST, BlueRun Ventures, Matrix and GIC, and 12 more on record.

### How much has Chehaoduo raised?

Chehaoduo has raised $1.2B across 3 rounds since 2017.

### When did Chehaoduo last raise?

Chehaoduo's most recent round was a Series C of $162M in Oct 2018.

### What was Chehaoduo's biggest round?

Chehaoduo's largest round on record is $818M (Undisclosed round), in Mar 2018.

### Who backed Chehaoduo first?

Chehaoduo's first round on record, in Oct 2017, was backed by Sequoia Capital, BlueRun Ventures and Matrix and 4 others.

### What stage is Chehaoduo at?

Chehaoduo's latest named round is a Series C, in Oct 2018.

### Where is Chehaoduo based?

Chehaoduo is based in China.

## Companies like Chehaoduo

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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