# PatPat funding: rounds and investors

> PatPat has raised $211M across 3 rounds since 2014. Investors include IDG Capital, HSG and IDG Ventures. Every round with its source.

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

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *PatPat*

3 rounds we have observed, with the 10 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 Internet

Valuation: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$211M** raised across 3 rounds since 2014, from 3 sources

**$2.7M** Series A **$48M** Round **$160M** Series D

- **Latest round:** Series D, $160M Aug 2021
- **Step-up i:** 3.3×
- **Investors:** 10

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 2019 2020 2021

**$2.7M** Series A

**$48M** Round

**$160M** Series D

- **First round:** Series A, $2.7M
- **Biggest round:** $160M
- **Usual gap between rounds:** 3.4 years

## The rounds

- **Aug 2021** Series D **$160M** *6 new* [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [SoftBank](https://millionrounds.com/fund/softbank-2) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [CDH Investments](https://millionrounds.com/fund/cdh-investments) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) Source recorded
- **Apr 2018** Round **$48M** *3 new* [IDG](https://millionrounds.com/fund/idg) Frees Sequoia Capital China/ SIG Reported by China Money Network
- **Nov 2014** Series A **$2.7M** *1 new* [IDG Ventures](https://millionrounds.com/fund/idg-ventures) 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 A** 2014 **Round** 2018 **Series D** 2021 [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [SoftBank](https://millionrounds.com/fund/softbank-2) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [CDH Investments](https://millionrounds.com/fund/cdh-investments) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [IDG](https://millionrounds.com/fund/idg) Frees Sequoia Capital China/ SIG

## Everyone who backed them

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

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

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

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **1** round

[CDH Investments](https://millionrounds.com/fund/cdh-investments) Private equity **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

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

Frees no record of our own yet **1** round

Sequoia Capital China/ SIG 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=patpat).

## Quick answers about PatPat

### Who invested in PatPat?

PatPat's investors include IDG Capital, HSG, IDG Ventures, SoftBank and General Atlantic, and 5 more on record.

### How much has PatPat raised?

PatPat has raised $211M across 3 rounds since 2014.

### When did PatPat last raise?

PatPat's most recent round was a Series D of $160M in Aug 2021.

### What was PatPat's biggest round?

Its most recent round, $160M in Aug 2021, is also its largest on record.

### Who backed PatPat first?

PatPat's first round on record, in Nov 2014, was backed by IDG Ventures.

### What stage is PatPat at?

PatPat's latest named round is a Series D, in Aug 2021.

### Where is PatPat based?

PatPat is based in the United States.

## Companies like PatPat

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

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Arena** $401M · Oct 2026](https://millionrounds.com/company/arena)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)

## Find investors like these

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