# Tongcheng Bills Network funding: rounds and investors

> Tongcheng Bills Network has raised $21M across 1 round since 2020. Investors include DCM Ventures, Matrix Partners China and Huagai Capital.

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

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Tongcheng Bills Network*

One round we have observed, with the 3 investors named in it. 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 summary Updated 26 Oct 2026

**$21M** raised across 1 round since 2020, from 1 source

- **Latest round:** Series B, $21M Mar 2020
- **Investors:** 3

See who backed them

## The rounds

- **Mar 2020** Series B **$21M** [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Huagai Capital](https://millionrounds.com/fund/huagai-capital) Source recorded

## Everyone who backed them

[DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **1** round

[Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round

[Huagai Capital](https://millionrounds.com/fund/huagai-capital) Private equity **1** round

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

## Quick answers about Tongcheng Bills Network

### Who invested in Tongcheng Bills Network?

Tongcheng Bills Network's investors include DCM Ventures, Matrix Partners China and Huagai Capital.

### How much has Tongcheng Bills Network raised?

Tongcheng Bills Network has raised $21M across 1 round since 2020.

### When did Tongcheng Bills Network last raise?

Tongcheng Bills Network's most recent round was a Series B of $21M in Mar 2020.

### What was Tongcheng Bills Network's biggest round?

Its most recent round, $21M in Mar 2020, is also its largest on record.

### Who backed Tongcheng Bills Network first?

Tongcheng Bills Network's first round on record, in Mar 2020, was backed by DCM Ventures, Matrix Partners China and Huagai Capital.

### What stage is Tongcheng Bills Network at?

Tongcheng Bills Network's latest named round is a Series B, in Mar 2020.

## Companies like Tongcheng Bills Network

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

[**Paidax** $1.0M · Oct 2026](https://millionrounds.com/company/paidax)[**Matters** $5.0M · Oct 2026](https://millionrounds.com/company/matters)[**Ralo** $2.9M · Jun 2026](https://millionrounds.com/company/ralo)[**Checker** $8.0M · May 2026](https://millionrounds.com/company/checker)[**Nof1** $15M · May 2026](https://millionrounds.com/company/nof1)[**AccuQuant** $20M · Apr 2026](https://millionrounds.com/company/accuquant)

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