# Laiye funding: rounds and investors

> Laiye has raised $74M across 2 rounds since 2015. Investors include ZhenFund, Sequoia Capital and Lightspeed Venture Partners. Every round with its source.

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

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

# Who invested in *Laiye*

2 rounds we have observed, with the 6 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.

Consumer Apps

Valuation: $900M, Oct 2024

Funding summary Updated 26 Oct 2026

**$74M** raised across 2 rounds since 2015, from 2 sources

**$4.0M** Seed **$70M** Series C

- **Latest round:** Series C, $70M Apr 2022
- **Step-up i:** 17.5×
- **Investors:** 6

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.

2016 2017 2018 2019 2020 2021 2022

**$4.0M** Seed

**$70M** Series C

- **First round:** Seed, $4.0M
- **Biggest round:** $70M
- **Between rounds:** 6.5 years

## The rounds

- **Apr 2022** Series C **$70M** *3 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [HSG](https://millionrounds.com/fund/hsg) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) Source recorded
- **Sept 2015** Seed **$4.0M** *3 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Lightspeed China Partners](https://millionrounds.com/fund/lightspeed-china-partners) 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.

**Seed** 2015 **Series C** 2022 [ZhenFund](https://millionrounds.com/fund/zhenfund) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [HSG](https://millionrounds.com/fund/hsg) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) [Lightspeed China Partners](https://millionrounds.com/fund/lightspeed-china-partners)

## Everyone who backed them

[ZhenFund](https://millionrounds.com/fund/zhenfund) VC firm **2** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[HSG](https://millionrounds.com/fund/hsg) VC firm **1** round

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **1** round

[Lightspeed China Partners](https://millionrounds.com/fund/lightspeed-china-partners) VC firm **1** round

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

## Also claim to have backed them

These 3 firms list Laiye as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[White Star Capital](https://millionrounds.com/fund/white-star-capital) VC firm Per its own site

[Activant Capital](https://millionrounds.com/fund/activant-capital) VC firm Per its own site

[West FORK Capital Advisors LLC](https://millionrounds.com/fund/west-fork-capital-advisors-llc) Investor Per its own site

## Quick answers about Laiye

### Who invested in Laiye?

Laiye's investors include ZhenFund, Sequoia Capital, Lightspeed Venture Partners, HSG and Cathay Innovation, and 1 more on record.

### How much has Laiye raised?

Laiye has raised $74M across 2 rounds since 2015.

### When did Laiye last raise?

Laiye's most recent round was a Series C of $70M in Apr 2022.

### What was Laiye's biggest round?

Its most recent round, $70M in Apr 2022, is also its largest on record.

### Who backed Laiye first?

Laiye's first round on record, in Sept 2015, was backed by Sequoia Capital, ZhenFund and Lightspeed China Partners.

### What stage is Laiye at?

Laiye's latest named round is a Series C, in Apr 2022.

### Where is Laiye based?

Laiye is based in China.

## Companies like Laiye

In the same sector, and raised in the last eighteen months.

[**Mika Games** $10M · Oct 2026](https://millionrounds.com/company/mika-games)[**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Arena** $401M · Oct 2026](https://millionrounds.com/company/arena)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)

## Find investors like these

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