China · Series D startup

Who invested in Cheyipai

4 rounds we have observed, with the 7 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.

Funding summaryUpdated 26 Oct 2026

$185Mraised across 4 rounds since 2011, from 4 sources

$5.0MSeries A$20MSeries B$50MSeries C$110MSeries D
Latest round
Series D, $110MMar 2015
Step-upi
2.2×
Investors
7
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.

20112012201320142015
$5.0MSeries A$20MSeries B$50MSeries C$110MSeries D
First round
Series A, $5.0M
Jan 2011
Biggest round
$110M
Series D · Mar 2015
Usual gap between rounds
13 months
the median of 3

The rounds

  1. Mar 2015
    Series D$110M1 new4 returning

    From a historical funding record

  2. Feb 2014
  3. Mar 2013
    Series B$20M1 new

    From a historical funding record

  4. Jan 2011
    Series A$5.0M1 new

    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.

Everyone who backed them

Morningside GroupVC firm3rounds
Matrix PartnersVC firm3rounds
Sequoia CapitalVC firm2rounds
CITIC Capital HoldingsPrivate equity2rounds
Matrix PartnersVC firm1round
Renren Inc.Startup1round
CITIC PEGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Cheyipai

Who invested in Cheyipai?

Cheyipai's investors include Morningside Group, Matrix Partners, Sequoia Capital, CITIC Capital Holdings and Matrix Partners, and 2 more on record.

How much has Cheyipai raised?

Cheyipai has raised $185M across 4 rounds since 2011.

When did Cheyipai last raise?

Cheyipai's most recent round was a Series D of $110M in Mar 2015.

What was Cheyipai's biggest round?

Its most recent round, $110M in Mar 2015, is also its largest on record.

Who backed Cheyipai first?

Cheyipai's first round on record, in Jan 2011, was backed by Morningside Group.

What stage is Cheyipai at?

Cheyipai's latest named round is a Series D, in Mar 2015.

Where is Cheyipai based?

Cheyipai is based in China.

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