Waterdrop
IPOInsurance and healthcare service to billions through technology.
Public · Beijing, China · Founded 2016 · $907.0M raised
- Headquarters
- Beijing
- Employees
- 5001–10000
- Founded
- 2016
- Business Model
- B2C
- Website
- waterdrop-inc.com
- Total Funding
- $907.0M
- Last Round
- $100.0M Venture RoundMay 2026
- Rounds
- 8
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Waterdrop Inc. (NYSE: WDH) is a leading Chinese insurance technology and healthcare platform founded in April 2016 by Shen Peng. The company operates two core businesses: Waterdrop Insurance Marketplace, the largest independent third-party life and health insurance platform in China by first-year premiums, and Waterdrop Medical Crowdfunding, a leading platform helping patients with serious illness raise funds via social networks. Waterdrop went public on the NYSE in May 2021.
Summary
Waterdrop is an Insurtech company based in Beijing, China, founded in 2016. It has raised $907.0M in total across 8 rounds, most recently a $100.0M Venture Round in May 2026. Investors include Tencent, Aspeya and Boyu Capital.
Tech & App Stack
5 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding & Exit History
May 2026
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Funding: Series A through Growth Equity. Amounts, valuations, and investors where available.
Investors
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