Hong Kong SAR China · Series D startup

Who invested in Lalamove

3 rounds we have observed, with the 12 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.

InternetLogistics

Valuation: $10B, Oct 2024

Funding summaryUpdated 26 Oct 2026

$430Mraised across 3 rounds since 2017, from 5 sources

$30MSeries B$100MRound$300MSeries D
Latest round
Series D, $300MFeb 2019
Led by
Sequoia Capital China
Step-upi
3×
Investors
12 (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.

201720182019
$30MSeries B$100MRound$300MSeries D
First round
Series B, $30M
Jan 2017
Biggest round
$300M
Series D · Feb 2019
Usual gap between rounds
16 months
the median of 2

The rounds

  1. Feb 2019
  2. Oct 2017
    Round$100M

    No investor was named in the report.

    Reported by TechCrunch

  3. Jan 2017

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

Xianghe CapitalVC firm2rounds
Sequoia Capital ChinaVC firm1round, led 1
Sequoia CapitalVC firm1round
Shunwei CapitalVC firm1round
Hill House CapitalFamily office1round
MindWorks CapitalVC firm1round
Crystal StreamVC firm1round
BlackHole CapitalAsset manager1round
01 Venture CapitalGrowth equity1round
MindWorksVenturesVC firm1round
PV CapitalGrowth equity1round

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

Also claim to have backed them

These 6 firms list Lalamove 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.

AppWorksAcceleratorPer its own site
C VenturesVC firmPer its own site
Galdana VenturesFund of fundsPer its own site
C CapitalPrivate equityPer its own site

Quick answers about Lalamove

Who invested in Lalamove?

Lalamove's investors include Xianghe Capital, Sequoia Capital China, Sequoia Capital, Shunwei Capital and Hill House Capital, and 7 more on record. Sequoia Capital China led its latest round.

How much has Lalamove raised?

Lalamove has raised $430M across 3 rounds since 2017.

When did Lalamove last raise?

Lalamove's most recent round was a Series D of $300M in Feb 2019, led by Sequoia Capital China.

What was Lalamove's biggest round?

Its most recent round, $300M in Feb 2019, is also its largest on record.

Who backed Lalamove first?

Lalamove's first round on record, in Jan 2017, was backed by Xianghe Capital, MindWorks Capital and Crystal Stream and 1 others.

What stage is Lalamove at?

Lalamove's latest named round is a Series D, in Feb 2019.

Where is Lalamove based?

Lalamove is based in Hong Kong SAR China.

Who led Lalamove's rounds?

Sequoia Capital China led the Series D in 2019.

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