How much funding has Waterdrop raised?

Waterdrop has raised $907.0M in total funding, most recently a Venture Round.

Who are Waterdrop's investors?

Waterdrop's investors include Tencent, Aspeya, Boyu Capital, Temasek, Swiss Re, BlueRun Ventures.

Where is Waterdrop headquartered?

Waterdrop is headquartered in Beijing, China.

What industry is Waterdrop in?

Waterdrop operates in Insurtech, Healthcare, Fintech.

How many employees does Waterdrop have?

Waterdrop has 5001-10000 employees.

Waterdrop

IPO

Insurance and healthcare service to billions through technology.

Public · Beijing, China · Founded 2016 · $907.0M raised

Insurtech

Healthcare

Fintech

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

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 round in May 2026. Investors include Tencent, Aspeya and Boyu Capital.

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