Waterdrop Insurance Mall
水滴保险商城
Waterdrop Insurance Mall is the insurance marketplace arm of Waterdrop Inc., a Chinese health-insurance platform founded by CEO Shen Peng . In its early positioning, the company described itself as a "health insurance selection platform" (健康险优选平台), operating alongside mutual aid (水滴互助) and medical crowdfunding (水滴筹) services under the Waterdrop umbrella . Gaorong Capital, an early backer, noted that it led the angel round and followed on through Series C, with the Series C in mid-2019 raising over 1 billion RMB led by Boyu Capital with Tencent and others participating . By August 2020, Waterdrop had raised a $230 million Series D co-led by Swiss Re Group and Tencent, with Gaorong continuing to invest . The platform also launched an open platform in February 2020 to partner with other industries and expand insurance access .
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Waterdrop Inc. has completed a $230 million Series D funding round, co-led by Swiss Re Group and Tencent.
Leveraging internet technology to ensure accessible, affordable healthcare for the masses — safeguarding hundreds of millions of families.
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"Proactive protection + post-event relief" — working together to safeguard hundreds of millions of families.
