China · Investor

Trustbridge Partners

Last cheque observed May 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $1.6B, Nov 2021Growth equity

GrowthE-CommerceSoftwareFinancial Services

Cheques on record
0%of best year0cheques in 12 months, 13 on record
Since the last cheque535days00hrs00min00sec
Median round$30MRounds led1 of 13Sole investor3 roundsExits2 from the portfolioMostly inChina, 77%
Pitch Trustbridge Partners

Trustbridge Partners highlights

  1. 01

    13 rounds on record

  2. 02

    Mostly Series A and Series B: 55% of its rounds

  3. 03

    Sole investor in 3 rounds, median $30M

  4. 04

    2 exits from the portfolio

What they do

Trustbridge Partners is a mission-driven growth equity firm founded in 2006 with approximately $8 billion under management.From their own website
Type
Growth equity
Cheque size
Not stated
Stages
Growth
Sectors
E-CommerceSoftwareFinancial Services
Based in
China
Cold pitches
Not accepted

The record

Every round we can evidence, newest first13 appearances

  1. 2025

    1 round

  2. May
    MetafoodxUS · TechStartups$9.4MLed
  3. 2019

    2 rounds

  4. Sept
    AllinMDSeries B · CN · Kr-asia$100MWith 3 others
  5. Aug
    ShareChatIN · TechCrunch$100MWith 6 others
  6. 2018

    1 round

  7. Dec
    GenomiCareSeries A · CN · China Money Network$30MSole investor
  8. 2016

    1 round

  9. Oct
    Veritas GeneticsSeries B · US · FinSMEs$30MWith 1 other
  10. 2015

    1 round

  11. Apr
    MeicanSeries C · CN$23MWith 3 others
  12. 2014

    1 round

  13. Jan
    RenrendaiSeries A · CN$130MSole investor
  14. 2011

    3 rounds

  15. Sept
    DoubanSeries C · CN$50MWith 3 others
  16. May
    MogujieSeries A · CN$1.0MWith 1 other
  17. Feb
    MogujieSeed · CN$1.0MWith 1 other
  18. 2010

    3 rounds

  19. Sept
    Quwan.comSeries B · CN$8.0MWith 3 others
  20. Mar
    Yi Ji Electrical ApplianceSeed · CNUndisclosedWith 1 other
  21. Jan
    Qihoo 360 TechnologySeries C · CN$200KSole investor

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 registration7 named

DNDavid Ning LinDirectoriFiling they signed
EEElizabeth EngDirectoriFiling they signed
JAJaneen AljadirDirectoriFiling they signed
LNLin Ning DavidDirectoriFiling they signed
PSPatrick SakalaDirectoriFiling they signed
SLShujun LiDirector of TB Partners GP Limited, general partner of TB Partners GP4, L.P., the General Partner of Trustbridge Partners IV, L.P.iFiling they signed
VPVerity PriestDirectoriFiling they signed

We also hold 9 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.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

MogujieBought by AlibabaUndisclosedOct 2013
Qihoo 360 TechnologyListedUndisclosedApr 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Recently backed

The latest companies Trustbridge Partners put money into.

Quick answers about Trustbridge Partners

What does Trustbridge Partners invest in?

Trustbridge Partners invests most often at Series A and Series B (55% of the rounds on record), in sectors such as E-Commerce, Software and Financial Services.

How active is Trustbridge Partners?

13 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in May 2025.

What has Trustbridge Partners invested in recently?

Its most recent investments on record: Metafoodx (Undisclosed round, May 2025), AllinMD (Series B, Sept 2019) and ShareChat (Undisclosed round, Aug 2019).

How big are Trustbridge Partners's cheques?

The median round it joins is $30M.

Does Trustbridge Partners lead rounds?

Sometimes: it led 1 of its 13 investments on record (8%).

Where does Trustbridge Partners invest?

Most of the companies it backs are in China (77%), the United States (15%) and India (8%).

Is Trustbridge Partners investing now?

No investments in the last 12 months; the latest was in May 2025.

Who does Trustbridge Partners invest alongside?

Most often BAI capital (3 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it