# Ofo funding: rounds and investors > Ofo has raised $2.0B across 3 rounds since 2017. Investors include Alibaba, DST and DST Global. Every round with its source. Source: https://millionrounds.com/company/ofo (Millionrounds; every figure on the page links to its filing or article) China · [Funded startup](https://millionrounds.com/companies) # Who invested in *Ofo* 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. Internet Valuation: $3.0B, Oct 2024 Funding summary Updated 26 Oct 2026 **$2.0B** raised across 3 rounds since 2017, from 3 sources **$450M** Series D **$700M** Series E **$866M** Round - **Latest round:** Round, $866M Mar 2018 - **Step-up i:** 1.2× - **Investors:** 12 (2 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. 2018 **$450M** Series D **$700M** Series E **$866M** Round - **First round:** Series D, $450M - **Biggest round:** $866M - **Usual gap between rounds:** 8 months ## The rounds - **Mar 2018** Round **$866M** *4 new* [Haofeng Group](https://millionrounds.com/fund/haofeng-group) Alibaba Group/ Ant Financial Junli Tianhe Reported by TechCrunch - **Jul 2017** Series E **$700M** *4 new* [Alibaba](https://millionrounds.com/fund/alibaba) Lead [DST Global](https://millionrounds.com/fund/dst-global) [Hony Capital](https://millionrounds.com/fund/hony-capital) CITIC/ Didi Reported by TechCrunch - **Mar 2017** Series D **$450M** *4 new* [DST](https://millionrounds.com/fund/dst) Lead [CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) [Didi Chuxing](https://millionrounds.com/fund/didi-chuxing) DST/ Matrix China Reported by TechCrunch ## 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 D** 2017 **Series E** 2017 **Round** 2018 [Alibaba](https://millionrounds.com/fund/alibaba) L [DST](https://millionrounds.com/fund/dst) L [DST Global](https://millionrounds.com/fund/dst-global) [CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) [Hony Capital](https://millionrounds.com/fund/hony-capital) [Didi Chuxing](https://millionrounds.com/fund/didi-chuxing) [Haofeng Group](https://millionrounds.com/fund/haofeng-group) Alibaba Group/ Ant Financial CITIC/ Didi DST/ Matrix China ## Everyone who backed them [Alibaba](https://millionrounds.com/fund/alibaba) Growth equity **1** round, led 1 [DST](https://millionrounds.com/fund/dst) Growth equity **1** round, led 1 [DST Global](https://millionrounds.com/fund/dst-global) Private equity **1** round [CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) Private equity **1** round [Hony Capital](https://millionrounds.com/fund/hony-capital) Private equity **1** round [Didi Chuxing](https://millionrounds.com/fund/didi-chuxing) Growth equity **1** round [Haofeng Group](https://millionrounds.com/fund/haofeng-group) Investment firm **1** round Alibaba Group/ Ant Financial no record of our own yet **1** round CITIC/ Didi no record of our own yet **1** round DST/ Matrix China no record of our own yet **1** round Junli no record of our own yet **1** round Tianhe no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ofo). ## Quick answers about Ofo ### Who invested in Ofo? Ofo's investors include Alibaba, DST, DST Global, CITIC Capital Holdings and Hony Capital, and 7 more on record. ### How much has Ofo raised? Ofo has raised $2.0B across 3 rounds since 2017. ### When did Ofo last raise? Ofo's most recent round was an Undisclosed round of $866M in Mar 2018. ### What was Ofo's biggest round? Its most recent round, $866M in Mar 2018, is also its largest on record. ### Who backed Ofo first? Ofo's first round on record, in Mar 2017, was backed by DST, CITIC Capital Holdings and Didi Chuxing and 1 others. ### What stage is Ofo at? Ofo's latest named round is an Undisclosed round, in Mar 2018. ### Where is Ofo based? Ofo is based in China. ### Who led Ofo's rounds? DST led the Series D in 2017; Alibaba led the Series E in 2017. ## Companies like Ofo 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app