China · Series C startup

Who invested in Douguo

4 rounds we have observed, with the 3 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

$45Mraised across 4 rounds since 2011, from 4 sources

$1.5MSeed$8.0MSeries A$10MSeries C$25MSeries C
Latest round
Series C, $25MNov 2014
Step-upi
2.5×
Investors
3
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.

201220132014
$1.5MSeed$8.0MSeries A$10MSeries C$25MSeries C
First round
Seed, $1.5M
Jun 2011
Biggest round
$25M
Series C · Nov 2014
Usual gap between rounds
14 months
the median of 3

The rounds

  1. Nov 2014
    Series C$25M1 new

    From a historical funding record

  2. Sept 2013
    Series C$10M1 returning

    From a historical funding record

  3. Mar 2012
    Series A$8.0M1 new1 returning

    From a historical funding record

  4. Jun 2011
    Seed$1.5M1 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.

Seed2011Series A2012Series C2013Series C2014GGV CapitalShanda GroupHillhouse Capital Group

Everyone who backed them

GGV CapitalVC firm2rounds
Shanda GroupFamily office2rounds
Hillhouse Capital GroupPrivate equity1round

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

Quick answers about Douguo

Who invested in Douguo?

Douguo's investors include GGV Capital, Shanda Group and Hillhouse Capital Group.

How much has Douguo raised?

Douguo has raised $45M across 4 rounds since 2011.

When did Douguo last raise?

Douguo's most recent round was a Series C of $25M in Nov 2014.

What was Douguo's biggest round?

Its most recent round, $25M in Nov 2014, is also its largest on record.

Who backed Douguo first?

Douguo's first round on record, in Jun 2011, was backed by Shanda Group.

What stage is Douguo at?

Douguo's latest named round is a Series C, in Nov 2014.

Where is Douguo based?

Douguo is based in China.

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