When was Snowball founded?

Snowball was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Snowball located?

Snowball is headquartered in Beijing, China.

How many employees does Snowball have?

As of Sep 30, 2026, the latest employee count at Snowball is 102.

Is Snowball a funded company?

Snowball is a funded company, having raised a total of $293M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2011.

When was the latest funding round of Snowball?

Snowball's latest funding was a $***** Series E round on Dec 05, 2020, with participation from 1 investor.

Where does Snowball rank among its competitors?

Snowball ranks 9th amongst 730 active competitors, of which 65 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Databento, which secured $97M in Apr, 2026.

Who are the top competitors of Snowball?

Snowball's top competitors include Bloomberg, Morningstar and Seeking Alpha. Among them, Databento secured the most recent funding round in April, 2026.

Snowball - 2026 Company Profile, Team, Funding & Competitors

Snowball is a series E company based in Beijing (China), founded in 2010 by Fang Sanwen. It operates as an Operator of financial information, wealth management, and investment community platform. Snowball has raised $293M in funding from investors like Sequoia Capital, Orchid Asia Group and Renren. The company has 730 active competitors, including 65 funded and 79 that have exited. Its top competitors include companies like Bloomberg, Morningstar and Seeking Alpha.

Company Details

Operator of financial information, wealth management, and investment community platform. The company provides real-time stock market data, trading tools, and investment research across multiple global exchanges. Users can track equities, funds, bonds, and digital assets while accessing news bulletins, financial analysis, and portfolio management features. The platform enables social networking for investors, content creation, portfolio sharing, and peer-to-peer communication. Additional services include brokerage integration for stock transactions, premium subscription content, and advertising solutions. Its architecture supports mobile and web access, integrating user authentication and scalable data streaming for reliable financial analytics and collaboration.

Website: xueqiu.com
Email ID: *****@xueqiu.com
Phone Number: +86 **********

Key Metrics

Founded Year

2010

Location

Beijing, China

Stage

Series E

Total Funding

$293M in 5 rounds

Latest Funding Round

Series E, Dec 05, 2020, $*****

Investors

Sequoia Capital & 4 more

Ranked

9^th among 730 active competitors

Employee Count

102 as on Sep 30, 2026

Similar Companies

Bloomberg & 790 more

View Snowball's full profile

Snowball has raised a total funding of $293M over 5 rounds. Its first funding round was on 2011. Its latest funding round was a Series E round on Dec 05, 2020 for $*****. 1 investor participated in its latest round. Snowball has 5 institutional investors.

Here is the list of recent funding rounds of Snowball:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 05, 2020	5964703	Series E	4316194	5978794	8871558	1623092
Jul 17, 2018	7279933	Series D	9328018	9674285	8182132	7956324
Sep 12, 2014	5056534	Series C	3647606	8990557	Renren	Sequoia Capital & 1 more

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View details of Snowball's funding rounds and investors

The founders of Snowball is Fang Sanwen.

Here are the details of Snowball's key team members:

Fang Sanwen: Founder & CEO of Snowball.

View details of Snowball's Founder profiles and Board Members

Snowball's employee count trend

Snowball has 102 employees as of Sep 26. Here is Snowball's employee count trend over the years:

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Top competitors of Snowball include Bloomberg, Morningstar and Seeking Alpha. Here is the list of Top 10 competitors of Snowball, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bloomberg 1981, New York City (United States), Series B	Provider of financial data news and analytical research for professionals	$30M	Meridian General, Merrill Lynch & 1 others	82/100
2nd	Morningstar 1984, Chicago (United States), Public	Provider of investment research, market data, portfolio tools, and investor education	$91M	SoftBank Capital, Investis Digital & 3 others	81/100
3rd	Seeking Alpha 2004, New York City (United States), Series B	Crowdsourced equity research platform for stock markets	$7M	Benchmark, Mosaic Ventures & 5 others	75/100
4th	IHS Markit 1959, London (United Kingdom), Acquired	Online data source platform for information, analytics, and solutions for governments and financial markets	$1.41B	General Atlantic, Temasek & 6 others	75/100
5th	FactSet 1978, Norwalk (United States), Public	Financial data marketplace and analytics solution for investment professionals	-	Europa	70/100
6th	Dow Jones 1882, New York City (United States), Acquired	Provider of business and financial news, data, and analysis tools	-	Europa	69/100
7th	Uzabase 2008, Minato City (Japan), Public	Provider of market intelligence, data feeds, and software platforms for insights	$6.82M	ITV, Thecarlylegroup.fr & 11 others	68/100
8th	YipitData 2010, New York City (United States), Series E	Provider of data and analysis on company performance and consumer behavior	$492M	Primary Venture Partner, The Carlyle Group ... & 14 others	68/100
9th	Snowball 2010, Beijing (China), Series E	Operator of financial information, wealth management, and investment community platform	$293M	5Y Capital, Renren & 3 others	65/100
10th	Databento 2019, Boston (United States), Series B	Provider of instructions for enabling JavaScript in various web browsers	$138M	New Enterprise Associates, Indicator Ventures ... & 28 others	62/100