# Fosun Group: portfolio, investments and team

> Fosun Group is a corporate vc based in China. 15 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/fosun-group (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# Fosun Group

Last cheque observed Aug 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet New fund $1.0B, May 2015 Corporate VC

Buyout Seed Series A Health Happiness Wealth

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 15 on record

Since the last cheque **2617** days **00** hrs **00** min **00** sec

Median round **$25M** Rounds led **1 of 15** Sole investor **4 rounds** Mostly in **China, 47%**

Pitch Fosun Group

## Fosun Group highlights

- 01 15 rounds on record
- 02 Mostly Series B and Growth: 86% of its rounds
- 03 Sole investor in 4 rounds, median $17M

## What they do

> The homepage describes Fosun as a conglomerate with global industries in health, happiness, wealth, and intelligent manufacturing, but does not explicitly state its investment activities. From their own website

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Buyout Seed Series A
- **Sectors:** Health Happiness Wealth
- **Based in:** Shanghai, China
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **15 appearances**

- **2019** 4 rounds
- **Aug** **[Pet Doctor](https://millionrounds.com/company/pet-doctor)** CN · DealStreetAsia **$18M** Sole investor
- **Jul** **[Tickled Media](https://millionrounds.com/company/tickled-media)** SG · Businesstimes **$30M** *Led*
- **May** **[Crazy Dog](https://millionrounds.com/company/crazy-dog)** Series B · IN · Kr-asia **$43M** With 1 other
- **Apr** **[Xiaolvren](https://millionrounds.com/company/xiaolvren)** CN · Voice **$15M** Sole investor
- **2018** 2 rounds
- **Dec** **[LetsTransport](https://millionrounds.com/company/letstransport)** Series B · IN · Indianweb2 **$14M** With 4 others
- **Apr** **[HelloBike](https://millionrounds.com/company/hellobike)** CN · China Money Network **$700M** With 1 other
- **2017** 2 rounds
- **Nov** **Mitrassist** IL · Jpost **$30M** With 1 other
- **Oct** **BondIT** IL · FinSMEs **$14M** Sole investor
- **2016** 2 rounds
- **Dec** **[Babytree](https://millionrounds.com/company/babytree)** CN · FinSMEs **$437M** Sole investor
- **Aug** **[GrubMarket](https://millionrounds.com/company/grubmarket)** Series B · US · TechCrunch **$20M** With 25 others
- **2015** 3 rounds
- **Sept** **[Guahao](https://millionrounds.com/company/guahao)** Growth · CN **$395M** With 4 others
- **May** **[Jpush](https://millionrounds.com/company/jpush)** Series B · CN **Undisclosed** With 2 others
- **Apr** **[Scanadu](https://millionrounds.com/company/scanadu)** Series B · US **$35M** With 9 others
- **2014** 2 rounds
- **Dec** **[Connect](https://millionrounds.com/company/connect)** Series A · US **$10M** With 7 others
- **Sept** **[Feidee](https://millionrounds.com/company/feidee)** CN **Undisclosed** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

DG **Ding Guoqi** Executive Officer i Filing they signed

GG **Guo Guangchang** Executive Officer i Filing they signed

HF **Harvey Fine** Managing Director i Filing they signed

LX **Liang Xinjun** Executive Officer i Filing they signed

QX **Qin Xuetang** Executive Officer i Filing they signed

WQ **Wang Qunbin** Executive Officer i Filing they signed

We also hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Companies it bought

Acquisitions by the firm itself

**Meadowbrook Insurance Group** **$433M** Dec 2014

**Roc Oil** **Undisclosed** Aug 2014

New fund on file

**$1.0B**

raised in May 2015

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Buyout Seed Series A

Median round joined **$25M** the round, not its cheque Alone, median **$17M**

Led 1 of 15 rounds **7%**

- **Sole investor:** 4 rounds
- **Last cheque:** Aug 2019

Rounds by stage said on their site

- Series B *5*
- Growth *1*
- Series A said *1*
- Buyout said *-*
- Seed said *-*

Cheques by year Led Joined

2014 2019

Often in the room with

- [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) 2
- [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) 2

**Pitching Fosun Group?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Fosun Group. A count of rooms they were both in, not a relationship either has claimed.

[**AME Cloud Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/ame-cloud-ventures)[**Tengxun Touzi** VC firm **2** rounds together](https://millionrounds.com/fund/tengxun-touzi)

## Recently backed

The latest companies Fosun Group put money into.

[**Pet Doctor** $18M · Aug 2019](https://millionrounds.com/company/pet-doctor)[**Crazy Dog** $43M · May 2019](https://millionrounds.com/company/crazy-dog)[**LetsTransport** $14M · Dec 2018](https://millionrounds.com/company/letstransport)[**HelloBike** $700M · Apr 2018](https://millionrounds.com/company/hellobike)[**GrubMarket** $20M · Aug 2016](https://millionrounds.com/company/grubmarket)

## Quick answers about Fosun Group

### What does Fosun Group invest in?

Fosun Group invests most often at Series B and Growth (86% of the rounds on record), in sectors such as Health, Happiness and Wealth.

### How active is Fosun Group?

15 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Aug 2019.

### What has Fosun Group invested in recently?

Its most recent investments on record: Pet Doctor (Undisclosed round, Aug 2019), Tickled Media (Undisclosed round, Jul 2019) and Crazy Dog (Series B, May 2019).

### How big are Fosun Group's cheques?

The median round it joins is $25M.

### Does Fosun Group lead rounds?

Sometimes: it led 1 of its 15 investments on record (7%).

### Where does Fosun Group invest?

Most of the companies it backs are in China (47%), the United States (20%) and India (13%).

### Is Fosun Group investing now?

No investments in the last 12 months; the latest was in Aug 2019.

### Who does Fosun Group invest alongside?

Most often AME Cloud Ventures (2 rounds together) and Tengxun Touzi (2 rounds together).

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