Waterdrop Mutual Aid
水滴互助
Waterdrop Mutual Aid was a mutual aid platform operated by Waterdrop, the insurance-technology company founded by Shen Peng. As of August 2020, the platform had cumulatively assisted over 12,819 families and disbursed more than 1.615 billion yuan in mutual aid funds . It was one of Waterdrop's core businesses alongside Waterdrop Crowdfunding and Waterdrop Insurance Mall, operating primarily within WeChat's ecosystem through official accounts and mini-programs . Gaorong Ventures was an early backer, having led or participated in multiple funding rounds for the platform . Note that elsewhere's corpus does not cover whether the mutual aid service remains active today; the most recent detailed figures date to 2020.
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Coverage
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.
Waterdrop Inc. Completes Series C Funding of Over 1 Billion RMB
"Proactive protection + post-event relief" — working together to safeguard hundreds of millions of families.
Gaorong Ventures received honors including 36Kr's "Top 10 Most LP-Friendly VC Firms in China" and ChinaVenture's "Top 10 Best VC Firms in China 2018."
Thank you to all parties across the industry for your continued trust and support.
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