China · Series C startup

Who invested in Fanli

3 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.

Funding summaryUpdated 26 Oct 2026

$30Mraised across 3 rounds since 2011, from 3 sources

$10MSeries A$20MSeries B
Latest round
Series CApr 2015
Biggest round
$20MSeries B · May 2014
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.

2012201320142015
$10MSeries A$20MSeries B?Series C
First round
Series A, $10M
Jun 2011
Biggest round
$20M
Series B · May 2014
Usual gap between rounds
2.9 years
the median of 2

The rounds

  1. Apr 2015
    Series CAmount undisclosed1 new

    From a historical funding record

  2. May 2014
    Series B$20M1 new1 returning

    From a historical funding record

  3. Jun 2011
    Series A$10M2 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

Steamboat VenturesCorporate VC1round
Rakuten CapitalCorporate VC1round

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

Quick answers about Fanli

Who invested in Fanli?

Fanli's investors include Qiming Venture Partners, Steamboat Ventures, SIG China (SIG Asia Investments) and Rakuten Capital.

How much has Fanli raised?

Fanli has raised $30M across 3 rounds since 2011. One round did not disclose an amount, so the total is a floor.

When did Fanli last raise?

Fanli's most recent round was a Series C in Apr 2015.

What was Fanli's biggest round?

Fanli's largest round on record is $20M (Series B), in May 2014.

Who backed Fanli first?

Fanli's first round on record, in Jun 2011, was backed by Qiming Venture Partners and Steamboat Ventures.

What stage is Fanli at?

Fanli's latest named round is a Series C, in Apr 2015.

Where is Fanli based?

Fanli is based in China.

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