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.
On April 25, 36Kr hosted the "China Fund Partners Future Summit." More than 100 LPs — including China's Ministry of Science and Technology VC Committee, leading fund-of-funds, government guidance funds, corporate capital, and family offices — gathered alongside top GPs to explore how to achieve mutual success and coexistence in a new cycle, and how to leverage capital to unlock new pathways for Chinese enterprise development.
In partnership with 50 LPs, 36Kr conducted data research and interviews with 3,700 investment institutions and China's top 50 fund-of-funds to release awards for China's venture capital and private equity industry — including Black Horse, White Horse, and Limited Partner honors. Gaorong Ventures was named among "China's Top 10 Most LP-Friendly VC Firms" and "China's Most LP-Friendly VC Firm in New Consumer." Gaorong Ventures founding partner Chang Chen was named among "China's Top 20 Most LP-Recognized White Horse Fund Investors."
The evaluation drew on metrics from 2015–2018 including AUM, new capital raised, investment scale and count, IRR and return multiples for portfolio companies, and fund-level IRR and return multiples — offering an objective picture of current performance across China's VC/PE landscape.
Recently, ChinaVenture also unveiled its "ChinaVenture 2018 Annual Rankings." After twelve years of professional research and market tracking, the "ChinaVenture Awards" have become an annual highlight of China's private equity industry, widely supported and recognized by investment institutions, LPs, and practitioners. Gaorong Ventures received "2018 China Best Venture Capital Firm Top 10" and "2018 China Best Returns Venture Capital Firm Top 10."
The ChinaVenture 2018 China VC/PE Annual Rankings were produced by ChinaVenture Research Institute, drawing on the CVSource research and data system, with standardized data processing through questionnaire surveys, interviews, data verification, and aggregation — ranked by overall score.
Gaorong is committed to building long-term value alongside industry partners, embracing technology, and creating a better life by investing in outstanding technology companies and innovative business models. We thank all corners of the industry for their continued trust and support.
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- Gaorong Ventures manages US dollar and RMB funds with total committed capital equivalent to approximately RMB 15 billion, focused on early and growth-stage investments in TMT.
- Its LPs include top-tier global institutional investors as well as Chinese corporate leaders in finance, retail, advertising, and other sectors.
- Dozens of successful entrepreneurs — founders of Tencent, Baidu, Taobao, Xiaomi, Meituan, Dianping, 360, Focus Media (002027), Weibo, Sohu, JD.com, Vipshop, Tudou, Autohome, Ganji.com, and others — are also LPs in Gaorong's funds.
- The founding partners previously led investments in numerous outstanding companies, including Xiaomi, Razer, G-bits, Tudou, Wondershare, ArcherMind, 91 Assistant, 3G.cn, Mogujie, Dota Legend, and Yuanfudao.
- Since its founding, multiple companies Gaorong has invested in or taken stakes in have grown into national or global leaders in their industries, including: Pinduoduo (NASDAQ: PDD), HUYA Inc. (NYSE: HUYA), Huami (NYSE: HMI), Mogujie (NYSE: MOGU), Lifesense (300562.SZ), Meituan (03690.HK), Ping An Good Doctor (01833.HK), Zhongrongjin (acquired by Homa Appliances), DeePhi Tech (acquired by Xilinx), Qian Daibao (acquired by Meituan), BIGO LIVE (acquired by YY), Fanpu Jinke, Beibei, Dewu, Leqi E-commerce, DotC, Shiheng, Nuro, YITU, Roborock, Tianrang Intelligence, Zhuiyi Technology, Hubo Technology, Geek+, Oasis Labs, Beitai Haoche, Quantgroup, Meili Jinrong, Shuidihuzhu, Testin, Boss Zhipin, Doumi, Danke Apartments, Hellobike, Qian Damai, Perfect Diary, and Ucommune.
- Gaorong Ventures has investment teams based in Beijing, Shanghai, Guangzhou, Shenzhen, and Hangzhou. We welcome pitches and referrals: bp@gaorongvc.com
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