Source Code Capital Wins Three Annual Awards from Top Venture Capital Institutions in 2015

Source Code Capital was honored by Zero2IPO with "Top 50 Best Venture Capital Firms in China 2015" and "Top 10 Best Internet Finance Investment Firms in China 2015." It also received ChinaVenture's "Top 10 Best Mobile Internet VC Investment Firms in China."

As the year drew to a close, Source Code Capital racked up accolades. At the 2015 Zero2IPO annual forum, the firm took home Zero2IPO's "Top 50 Best Venture Capital Firms in China 2015" and "Top 10 Best Internet Finance Investment Firms in China 2015." In November 2015, it also earned ChinaVenture's "Top 10 Best Mobile Internet VC Investment Firms in China 2015." The steady stream of good news affirmed Source Code Capital's track record and growth in mobile internet and internet finance.

Since 2001, Zero2IPO has conducted annual rankings of China's venture capital industry, evaluating firms across multiple dimensions including capital under management, investment amounts, deal volume, and returns. These rankings serve as a bellwether for the Chinese VC market and a benchmark for institutional development. ChinaVenture is another heavyweight authority in the venture capital world. The three awards fully validate Source Code Capital's overall strength and its standout value in mobile internet, internet finance, and other sectors.

Founded in 2014, Source Code Capital quickly distinguished itself among up-and-coming funds. Whether through its focus on investment themes like China's internet and mobile internet, its creation of "Ma Hui" — a program connecting portfolio companies with LPs to form a core resource alliance — or the team's heavy emphasis on post-investment management and services, helping companies with follow-on fundraising, hiring, PR, and more, the firm has built distinctive credentials and value-added services recognized by entrepreneurs.

Winning "Top 10 Best Internet Finance Investment Firms in China 2015" reflects Source Code Capital's serious commitment to this sector. Since its founding, the firm has made careful, extensive investments in internet finance, amassing a strong roster of standout projects, with plans to maintain its focus on this track going forward:

Qufenqi

An internet finance and consumer credit company targeting college students and white-collar workers

INK Group

An asset trading platform focused on mortgage loans and commercial paper

Yishan Wealth

A one-stop service platform for financial advisors plus an innovative third-party wealth management firm, using trust products as its entry point

LanTouZi

A public account for wealth management content plus an online investment platform

Juaicai

A mobile wealth management expert — "China's MOTIF"

GESAFE

An influential financial services management company in the阳光私募 (publicly raised private equity) space

Huoqiu

A fund-like wealth management platform that standardizes bond products

Ether Capital

An early-stage startup investment and financing platform in China

Lingjin

A community for fixed-income professionals

Suishou

A mobile wealth management platform built on a utility app

Hui Fenqi

A comprehensive financial services company in real estate, starting from rental housing

Asset360

A platform for distressed debt collection and disposal

Lean Work

SaaS for forex brokers

Source Code Capital founder Yi Cao participating in a panel discussion at Zero2IPO's "New Forces in Venture Capital" forum

As the driving force behind Source Code Capital, Yi Cao is composed and capable — a rare representative of the post-1980 generation among up-and-coming investors. Just past 31, Cao entered the venture capital industry in 2004 and has since focused on early-stage investments across various domains of information technology evolution and application. He previously held positions at C Square Capital, Legend Star, and Sequoia Capital, serving as vice president at HSG. He has participated in founding and investing in over a hundred companies spanning internet finance, e-commerce, and other sectors.

Source Code Capital was founded by founding partner Yi Cao in August 2014. The firm currently manages $360 million USD and RMB 600 million.