China · Series C startup

Who invested in PPDai

5 rounds we have observed, with the 8 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.

Funding summaryUpdated 26 Oct 2026

$70Mraised across 5 rounds since 2008, from 5 sources

$200KSeed$25MSeries A$35MSeries B$10MSeries B
Latest round
Series CApr 2015
Biggest round
$35MSeries B · Nov 2013
Investors
8
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.

20082009201020112012201320142015
$200KSeed$25MSeries A$35MSeries B$10MSeries B?Series C
First round
Seed, $200K
Feb 2008
Biggest round
$35M
Series B · Nov 2013
Usual gap between rounds
13 months
the median of 4

The rounds

  1. Apr 2015
    Series CAmount undisclosed3 new2 returning

    From a historical funding record

  2. Apr 2014
    Series B$10M2 new1 returning

    From a historical funding record

  3. Nov 2013
    Series B$35M1 new

    From a historical funding record

  4. Oct 2012
    Series A$25M1 new

    From a historical funding record

  5. Feb 2008
    Seed$200K1 new
    • Essentia Equity

    Reported by cwrblog.net

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.

Seed2008Series A2012Series B2013Series B2014Series C2015Sequoia CapitalLightspeed China PartnersLegend CapitalSusquehanna International Group (SIG)Alibaba Capital PartnersEssentia EquityNoah Private Wealth Management CentreVMS Capital

Everyone who backed them

Sequoia CapitalVC firm3rounds
Legend CapitalVC firm1round
Alibaba Capital PartnersCorporate VC1round
Essentia Equityno record of our own yet1round
Noah Private Wealth Management Centreno record of our own yet1round
VMS Capitalno record of our own yet1round

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

Quick answers about PPDai

Who invested in PPDai?

PPDai's investors include Sequoia Capital, Lightspeed China Partners, Legend Capital, Susquehanna International Group (SIG) and Alibaba Capital Partners, and 3 more on record.

How much has PPDai raised?

PPDai has raised $70M across 5 rounds since 2008. One round did not disclose an amount, so the total is a floor.

When did PPDai last raise?

PPDai's most recent round was a Series C in Apr 2015.

What was PPDai's biggest round?

PPDai's largest round on record is $35M (Series B), in Nov 2013.

Who backed PPDai first?

PPDai's first round on record, in Feb 2008, was backed by Essentia Equity.

What stage is PPDai at?

PPDai's latest named round is a Series C, in Apr 2015.

Where is PPDai based?

PPDai is based in China.

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