# Hupu funding: rounds and investors

> Hupu has raised $111M across 2 rounds since 2014. Investors include CICC and Greenwoods Asset Management. Every round with its source.

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

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

# Who invested in *Hupu*

2 rounds we have observed, with the 2 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: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$111M** raised across 2 rounds since 2014, from 2 sources

**$16M** Series C **$95M** Round

- **Latest round:** Round, $95M Jan 2018
- **Step-up i:** 5.9×
- **Investors:** 2

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.

2015 2016 2017 2018

**$16M** Series C

**$95M** Round

- **First round:** Series C, $16M
- **Biggest round:** $95M
- **Between rounds:** 3.5 years

## The rounds

- **Jan 2018** Round **$95M** *1 new* [CICC](https://millionrounds.com/fund/cicc) Reported by China Money Network
- **Jul 2014** Series C **$16M** *1 new* [Greenwoods Asset Management](https://millionrounds.com/fund/greenwoods-asset-management) 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.

**Series C** 2014 **Round** 2018 [CICC](https://millionrounds.com/fund/cicc) [Greenwoods Asset Management](https://millionrounds.com/fund/greenwoods-asset-management)

## Everyone who backed them

[CICC](https://millionrounds.com/fund/cicc) Investment bank **1** round

[Greenwoods Asset Management](https://millionrounds.com/fund/greenwoods-asset-management) VC firm **1** round

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

## Quick answers about Hupu

### Who invested in Hupu?

Hupu's investors include CICC and Greenwoods Asset Management.

### How much has Hupu raised?

Hupu has raised $111M across 2 rounds since 2014.

### When did Hupu last raise?

Hupu's most recent round was an Undisclosed round of $95M in Jan 2018.

### What was Hupu's biggest round?

Its most recent round, $95M in Jan 2018, is also its largest on record.

### Who backed Hupu first?

Hupu's first round on record, in Jul 2014, was backed by Greenwoods Asset Management.

### What stage is Hupu at?

Hupu's latest named round is an Undisclosed round, in Jan 2018.

### Where is Hupu based?

Hupu is based in China.

## Companies like Hupu

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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