Shuidi Huzhu

Beijing, China · Founded 2016 · $145.0M raised

InsurTech
Health Insurance
Headquarters
Beijing
Employees
201–500
Founded
2016
Business Model
B2C
Total Funding
$145.0M
Last Round
$145.0M Series CJun 2019
Rounds
1

About

Shuidi Huzhu (Waterdrop Mutual Aid) is a Beijing-based online mutual aid community founded in 2016 by Shen Peng, co-founder of Meituan-Dianping. Members pool small contributions to collectively cover major medical expenses — particularly cancer and accidents — with individual payouts up to 300,000 RMB. The platform operates under Waterdrop Inc., which also runs Shuidi Chou (crowdfunding) and Shuidi Bao (insurance), backed by Tencent, Meituan, and IDG Capital.

Summary

Shuidi Huzhu is an InsurTech company based in Beijing, China, founded in 2016. It has raised $145.0M in total across 1 round, most recently a $145.0M Series C round in Jun 2019.

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Funding History

Series CSeries CJun 2019
$145.0M

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