# Liulishuo funding: rounds and investors

> Liulishuo has raised $100M across 3 rounds since 2013. Investors include GGV Capital, IDG Capital and Hearst Ventures. Every round with its source.

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

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

# Who invested in *Liulishuo*

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.

Consumer Apps

Funding summary Updated 26 Oct 2026

**$100M** raised across 3 rounds since 2013, from 3 sources

- **Latest round:** Series C, $100M Jul 2017
- **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.

2014 2015 2016 2017

**?** Seed

**?** Series A

**$100M** Series C

- **First round:** Seed
- **Biggest round:** $100M
- **Usual gap between rounds:** 3.1 years

## The rounds

- **Jul 2017** Series C **$100M** *2 new* *1 returning* [IDG Capital](https://millionrounds.com/fund/idg-capital) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures) Source recorded
- **Jun 2014** Series A **Amount undisclosed** *1 new* *1 returning* [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) From a historical funding record
- **Dec 2013** Seed **Amount undisclosed** *1 new* [GGV Capital](https://millionrounds.com/fund/ggv-capital) 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** 2013 **Series A** 2014 **Series C** 2017 [GGV Capital](https://millionrounds.com/fund/ggv-capital) [IDG Capital](https://millionrounds.com/fund/idg-capital) [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) [Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures)

## Everyone who backed them

[GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **3** rounds

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

[Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) VC firm **1** round

[Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures) VC firm **1** round

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

## Quick answers about Liulishuo

### Who invested in Liulishuo?

Liulishuo's investors include GGV Capital, IDG Capital, Hearst Ventures and Cherubic Ventures.

### How much has Liulishuo raised?

Liulishuo has raised $100M across 3 rounds since 2013. 2 rounds did not disclose an amount, so the total is a floor.

### When did Liulishuo last raise?

Liulishuo's most recent round was a Series C of $100M in Jul 2017.

### What was Liulishuo's biggest round?

Its most recent round, $100M in Jul 2017, is also its largest on record.

### Who backed Liulishuo first?

Liulishuo's first round on record, in Dec 2013, was backed by GGV Capital.

### What stage is Liulishuo at?

Liulishuo's latest named round is a Series C, in Jul 2017.

## Companies like Liulishuo

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

[**Derivio** $6.0M · Mar 2026](https://millionrounds.com/company/derivio)[**Superapp** $1.6M · Mar 2026](https://millionrounds.com/company/superapp)[**Beetroot** $1.0M · Feb 2026](https://millionrounds.com/company/beetroot)[**Recapp** $11M · Feb 2026](https://millionrounds.com/company/recapp)[**Phys** Jan 2026](https://millionrounds.com/company/phys)[**Jatri** Jan 2026](https://millionrounds.com/company/jatri)

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