China · Series C startup

Who invested in Snowplus

2 rounds we have observed, with the 14 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 ServicesE-commerce

Funding summaryUpdated 26 Oct 2026

$42Mraised across 2 rounds since 2019, from 2 sources

$40MSeries A$2.1MSeries C
Latest round
Series C, $2.1MJun 2020
Biggest round
$40MSeries A · Jun 2019
Investors
14 (1 led)
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.

2020
$40MSeries A$2.1MSeries C
First round
Series A, $40M
Jun 2019
Biggest round
$40M
Series A · Jun 2019
Between rounds
11 months
from the last two

The rounds

  1. Jun 2020
    Series C$2.1M2 new

    Source recorded

  2. Jun 2019

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.

Everyone who backed them

IDG CapitalPrivate equity1round, led 1
Tengxun TouziVC firm1round
DCM VenturesPrivate equity1round
Matrix PartnersVC firm1round
ZhenFundVC firm1round
Source Code CapitalVC firm1round
Bienville CapitalFamily office1round
SIGInvestment firm1round
XVCVC firm1round
Angel PlusVC firm1round
Jeneration Capital ManagementPrivate equity1round
VisionPlus FundVC firm1round
CenovaVC firm1round

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

Quick answers about Snowplus

Who invested in Snowplus?

Snowplus's investors include IDG Capital, Tengxun Touzi, DCM Ventures, Matrix Partners and ZhenFund, and 9 more on record.

How much has Snowplus raised?

Snowplus has raised $42M across 2 rounds since 2019.

When did Snowplus last raise?

Snowplus's most recent round was a Series C of $2.1M in Jun 2020.

What was Snowplus's biggest round?

Snowplus's largest round on record is $40M (Series A), in Jun 2019, led by IDG Capital.

Who backed Snowplus first?

Snowplus's first round on record, in Jun 2019, was backed by IDG Capital, Tengxun Touzi and DCM Ventures and 9 others.

What stage is Snowplus at?

Snowplus's latest named round is a Series C, in Jun 2020.

Where is Snowplus based?

Snowplus is based in China.

Who led Snowplus's rounds?

IDG Capital led the Series A in 2019.

Companies like Snowplus

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