# Snowball Finance funding: rounds and investors > Snowball Finance has raised $173M across 4 rounds since 2011. Investors include Sequoia Capital, Ant Financial and Renren Inc.. Every round with its source. Source: https://millionrounds.com/company/snowball-finance (Millionrounds; every figure on the page links to its filing or article) China · [Series D startup](https://millionrounds.com/companies) # 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. Follow Snowball Finance and see its new rounds in your feed. [Sign up free](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fsnowball-finance) Fintech Funding summary Updated 27 Oct 2026 **$173M** raised across 4 rounds since 2011, from 4 sources **$3.1M** Series A **$10M** Series B **$40M** Series C **$120M** Series D - **Latest round:** Series D, $120M Jul 2018 - **Step-up i:** 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. 2011 2012 2013 2014 2015 2016 2017 2018 **$3.1M** Series A **$10M** Series B **$40M** Series C **$120M** Series D - **First round:** Series A, $3.1M - **Biggest round:** $120M - **Usual gap between rounds:** 2 years ## The rounds - **Jul 2018** Series D **$120M** *1 new* [Ant Financial](https://millionrounds.com/fund/ant-financial) Reported by DealStreetAsia - **Sept 2014** Series C **$40M** *2 new* [Renren Inc.](https://millionrounds.com/fund/renren-inc) [Morningside Private Investors](https://millionrounds.com/fund/morningside-private-investors) From a historical funding record - **Jun 2013** Series B **$10M** *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) From a historical funding record - **Jun 2011** Series A **$3.1M** *1 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 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** 2011 **Series B** 2013 **Series C** 2014 **Series D** 2018 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Ant Financial](https://millionrounds.com/fund/ant-financial) [Renren Inc.](https://millionrounds.com/fund/renren-inc) [Morningside Private Investors](https://millionrounds.com/fund/morningside-private-investors) ## Everyone who backed them [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds [Ant Financial](https://millionrounds.com/fund/ant-financial) Growth equity **1** round [Renren Inc.](https://millionrounds.com/fund/renren-inc) Startup **1** round [Morningside Private Investors](https://millionrounds.com/fund/morningside-private-investors) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=snowball-finance). ## 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. ## Companies like Snowball Finance In the same sector, and raised in the last eighteen months. [**Rently** $15M · Oct 2026](https://millionrounds.com/company/rently)[**Fundbot** $2.6M · Oct 2026](https://millionrounds.com/company/fundbot)[**Nevis** $105M · Oct 2026](https://millionrounds.com/company/nevis)[**Mochatrade** $5.5M · Oct 2026](https://millionrounds.com/company/mochatrade)[**axiTrust** $7.6M · Oct 2026](https://millionrounds.com/company/axitrust)[**Erebor** $380M · Oct 2026](https://millionrounds.com/company/erebor) ## 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