# ShopEx funding: rounds and investors

> ShopEx has raised $107M across 3 rounds since 2009. Investors include Legend Capital, CyberAgent Capital and Alibaba. Every round with its source.

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

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

# Who invested in *ShopEx*

3 rounds we have observed, with the 7 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.

Enterprise

Funding summary Updated 26 Oct 2026

**$107M** raised across 3 rounds since 2009, from 3 sources

**$2.0M** Series A **$105M** Series D

- **Latest round:** Series D, $105M Jul 2017
- **Step-up i:** 52.5×
- **Investors:** 7

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.

2009 2011 2013 2015 2017

**$2.0M** Series A

**?** Series B

**$105M** Series D

- **First round:** Series A, $2.0M
- **Biggest round:** $105M
- **Between rounds:** 8.2 years

## The rounds

- **Jul 2017** Series D **$105M** *3 new* [New Alliance Capital](https://millionrounds.com/fund/new-alliance-capital) [Joy Capital/ K2VC](https://millionrounds.com/fund/joy-capital-k2vc) [Tianxing Capital](https://millionrounds.com/fund/tianxing-capital) Reported by AVCJ
- **May 2009** Series B **Amount undisclosed** *2 new* [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) [Alibaba](https://millionrounds.com/fund/alibaba) From a historical funding record
- **May 2009** Series A **$2.0M** *2 new* [Legend Capital](https://millionrounds.com/fund/legend-capital) [Alibaba Capital Partners](https://millionrounds.com/fund/alibaba-capital-partners) 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** 2009 **Series B** 2009 **Series D** 2017 [Legend Capital](https://millionrounds.com/fund/legend-capital) [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) [Alibaba](https://millionrounds.com/fund/alibaba) [Alibaba Capital Partners](https://millionrounds.com/fund/alibaba-capital-partners) [New Alliance Capital](https://millionrounds.com/fund/new-alliance-capital) [Joy Capital/ K2VC](https://millionrounds.com/fund/joy-capital-k2vc) [Tianxing Capital](https://millionrounds.com/fund/tianxing-capital)

## Everyone who backed them

[Legend Capital](https://millionrounds.com/fund/legend-capital) VC firm **1** round

[CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) VC firm **1** round

[Alibaba](https://millionrounds.com/fund/alibaba) Growth equity **1** round

[Alibaba Capital Partners](https://millionrounds.com/fund/alibaba-capital-partners) Corporate VC **1** round

[New Alliance Capital](https://millionrounds.com/fund/new-alliance-capital) VC firm **1** round

[Joy Capital/ K2VC](https://millionrounds.com/fund/joy-capital-k2vc) Growth equity **1** round

[Tianxing Capital](https://millionrounds.com/fund/tianxing-capital) VC firm **1** round

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

## Quick answers about ShopEx

### Who invested in ShopEx?

ShopEx's investors include Legend Capital, CyberAgent Capital, Alibaba, Alibaba Capital Partners and New Alliance Capital, and 2 more on record.

### How much has ShopEx raised?

ShopEx has raised $107M across 3 rounds since 2009. One round did not disclose an amount, so the total is a floor.

### When did ShopEx last raise?

ShopEx's most recent round was a Series D of $105M in Jul 2017.

### What was ShopEx's biggest round?

Its most recent round, $105M in Jul 2017, is also its largest on record.

### Who backed ShopEx first?

ShopEx's first round on record, in May 2009, was backed by Legend Capital and Alibaba Capital Partners.

### What stage is ShopEx at?

ShopEx's latest named round is a Series D, in Jul 2017.

### Where is ShopEx based?

ShopEx is based in China.

## Companies like ShopEx

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

[**Sigma Squares Tech** $16M · May 2025](https://millionrounds.com/company/sigma-squares-tech)[**Daytona** $132M · Oct 2026](https://millionrounds.com/company/daytona)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**Otter.ai** $360M · Oct 2026](https://millionrounds.com/company/otter-ai)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Town** $241M · Oct 2026](https://millionrounds.com/company/town)

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