China · Series D startup

Who invested in Snowball Finance

4 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.

Fintech

Funding summaryUpdated 26 Oct 2026

$173Mraised across 4 rounds since 2011, from 4 sources

$3.1MSeries A$10MSeries B$40MSeries C$120MSeries D
Latest round
Series D, $120MJul 2018
Step-upi
3×
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.

20112012201320142015201620172018
$3.1MSeries A$10MSeries B$40MSeries C$120MSeries D
First round
Series A, $3.1M
Jun 2011
Biggest round
$120M
Series D · Jul 2018
Usual gap between rounds
2 years
the median of 3

The rounds

  1. Jul 2018
    Series D$120M1 new

    Reported by DealStreetAsia

  2. Sept 2014
    Series C$40M2 new

    From a historical funding record

  3. Jun 2013
    Series B$10M1 returning

    From a historical funding record

  4. Jun 2011
    Series A$3.1M1 new

    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 A2011Series B2013Series C2014Series D2018Sequoia CapitalAnt FinancialRenren Inc.Morningside Private Investors

Everyone who backed them

Sequoia CapitalVC firm2rounds
Ant FinancialGrowth equity1round
Renren Inc.Startup1round

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

Quick answers about Snowball Finance

Who invested in Snowball Finance?

Snowball Finance's investors include Sequoia Capital, Ant Financial, Renren Inc. and Morningside Private Investors.

How much has Snowball Finance raised?

Snowball Finance has raised $173M across 4 rounds since 2011.

When did Snowball Finance last raise?

Snowball Finance's most recent round was a Series D of $120M in Jul 2018.

What was Snowball Finance's biggest round?

Its most recent round, $120M in Jul 2018, is also its largest on record.

Who backed Snowball Finance first?

Snowball Finance's first round on record, in Jun 2011, was backed by Sequoia Capital.

What stage is Snowball Finance at?

Snowball Finance's latest named round is a Series D, in Jul 2018.

Where is Snowball Finance based?

Snowball Finance is based in China.

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