# Zhihu funding: rounds and investors > Zhihu has raised $919M across 6 rounds since 2011. Investors include Qiming Venture Partners, Tengxun Touzi and Saif Partners. Every round with its source. Source: https://millionrounds.com/company/zhihu (Millionrounds; every figure on the page links to its filing or article) China · [Series F startup](https://millionrounds.com/companies) # Who invested in *Zhihu* 6 rounds we have observed, with the 11 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. Internet Funding summary Updated 26 Oct 2026 **$919M** raised across 6 rounds since 2011, from 6 sources **$8.0M** Series A **$22M** Series B **$55M** Series C **$100M** Series D **$300M** Round **$434M** Series F - **Latest round:** Series F, $434M Aug 2019 - **Led by:** Baidu and Kuaishou - **Step-up i:** 1.4× - **Investors:** 11 (2 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. 2013 2015 2017 2019 **$8.0M** Series A **$22M** Series B **$55M** Series C **$100M** Series D **$300M** Round **$434M** Series F - **First round:** Series A, $8.0M - **Biggest round:** $434M - **Usual gap between rounds:** 17 months ## The rounds - **Aug 2019** Series F **$434M** *4 new* *2 returning* [Baidu](https://millionrounds.com/fund/baidu) Lead Kuaishou Lead [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Sinovation Ventures](https://millionrounds.com/fund/sinovation-ventures) Reported by Kr-asia - **Jul 2018** Round **$300M** No investor was named in the report. Reported by China Money Network - **Jan 2017** Series D **$100M** *1 new* *2 returning* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Capital Today](https://millionrounds.com/fund/capital-today-group) [Sogou](https://millionrounds.com/fund/sogou) Reported by TechNode - **Nov 2015** Series C **$55M** *3 new* *2 returning* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Saif Partners](https://millionrounds.com/fund/saif-partners) [Idea Bulb Ventures](https://millionrounds.com/fund/idea-bulb-ventures) [Sogou](https://millionrounds.com/fund/sogou) From a historical funding record - **Jun 2014** Series B **$22M** *1 new* *2 returning* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Saif Partners](https://millionrounds.com/fund/saif-partners) [Innovation Works North America](https://millionrounds.com/fund/innovation-works-north-america) From a historical funding record - **Nov 2011** Series A **$8.0M** *2 new* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Innovation Works North America](https://millionrounds.com/fund/innovation-works-north-america) 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** 2014 **Series C** 2015 **Series D** 2017 **Round** 2018 **Series F** 2019 [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Saif Partners](https://millionrounds.com/fund/saif-partners) [Innovation Works North America](https://millionrounds.com/fund/innovation-works-north-america) [Sogou](https://millionrounds.com/fund/sogou) [Baidu](https://millionrounds.com/fund/baidu) L Kuaishou L [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Sinovation Ventures](https://millionrounds.com/fund/sinovation-ventures) [Capital Today](https://millionrounds.com/fund/capital-today-group) ## Everyone who backed them [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **4** rounds [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **3** rounds [Saif Partners](https://millionrounds.com/fund/saif-partners) Private equity **2** rounds [Innovation Works North America](https://millionrounds.com/fund/innovation-works-north-america) VC firm **2** rounds [Sogou](https://millionrounds.com/fund/sogou) Corporate VC **2** rounds [Baidu](https://millionrounds.com/fund/baidu) Investment firm **1** round, led 1 Kuaishou no record of our own yet **1** round, led 1 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round [Sinovation Ventures](https://millionrounds.com/fund/sinovation-ventures) VC firm **1** round [Capital Today](https://millionrounds.com/fund/capital-today-group) VC firm **1** round [Idea Bulb Ventures](https://millionrounds.com/fund/idea-bulb-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zhihu). ## Also claim to have backed them These 3 firms list Zhihu as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm Per its own site [Blue Lake Capital](https://millionrounds.com/fund/blue-lake-capital) Private equity Per its own site [Jiguang](https://millionrounds.com/fund/jiguang) Investment firm Per its own site ## Quick answers about Zhihu ### Who invested in Zhihu? Zhihu's investors include Qiming Venture Partners, Tengxun Touzi, Saif Partners, Innovation Works North America and Sogou, and 6 more on record. Baidu led its latest round. ### How much has Zhihu raised? Zhihu has raised $919M across 6 rounds since 2011. ### When did Zhihu last raise? Zhihu's most recent round was a Series F of $434M in Aug 2019, led by Baidu. ### What was Zhihu's biggest round? Its most recent round, $434M in Aug 2019, is also its largest on record. ### Who backed Zhihu first? Zhihu's first round on record, in Nov 2011, was backed by Qiming Venture Partners and Innovation Works North America. ### What stage is Zhihu at? Zhihu's latest named round is a Series F, in Aug 2019. ### Where is Zhihu based? Zhihu is based in China. ### Who led Zhihu's rounds? Baidu led the Series F in 2019. ## Companies like Zhihu In the same sector, and raised in the last eighteen months. [**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime) ## 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