Who invested in Club Factory

2 rounds we have observed, with the 9 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 summaryUpdated 26 Oct 2026

$200Mraised across 2 rounds since 2018, from 2 sources

$100MSeries C$100MSeries D

Latest round: Series D, $100MOct 2019
Led by: Qiming Venture Partners
Investors: 9 (1 led)

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.

2019

$100MSeries C$100MSeries D

First round: Series C, $100M
Biggest round: $100M
Between rounds: 20 months

The rounds

Oct 2019
Series D$100M5 new1 returning
Reported by TechCrunch
Feb 2018
Series C$100M4 new
- IDG Capital
- BAI/ Kunlun
- Frees
- Zhen
Reported by AVCJ

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 C2018Series D2019

IDG Capital

Qiming Venture PartnersL

ZhenFund

FreeS Fund

BAI Capital

BertelsmannBAI/ KunlunFreesZhen

Everyone who backed them

IDG CapitalPrivate equity2rounds

Qiming Venture PartnersVC firm1round, led 1

ZhenFundVC firm1round

FreeS FundVC firm1round

BAI CapitalInvestment firm1round

BertelsmannCorporate VC1round

BAI/ Kunlunno record of our own yet1round

Freesno record of our own yet1round

Zhenno record of our own yet1round

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

Quick answers about Club Factory

Who invested in Club Factory?

Club Factory's investors include IDG Capital, Qiming Venture Partners, ZhenFund, FreeS Fund and BAI Capital, and 4 more on record. Qiming Venture Partners led its latest round.