Snowball - About the company
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 570 active competitors, including 63 funded and 77 that have exited. Its top competitors include companies like Morningstar, Bloomberg 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
Investors
Ranked
11th among 570 active competitors
Employee Count
103 as on Jun 30, 2026
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Snowball's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 05, 2020 | 4122977 | Series E | 9508673 | 7633278 | 2471309 | 9424393 |
Jul 17, 2018 | 7732536 | Series D | 6849750 | 2712761 | 5961443 | 8761236 |
Sep 12, 2014 | 7864491 | Series C | 2671382 | 6053757 |
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Snowball's founders and board of directors
Founder? Claim ProfileThe 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 103 employees as of Jun 26. Here is Snowball's employee count trend over the years:
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Snowball's Competitors and alternates
Top competitors of Snowball include Morningstar, Bloomberg and Seeking Alpha. Here is the list of Top 10 competitors of Snowball, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Morningstar 1984, Chicago (United States), Public | Provider of investment research, market data, portfolio tools, and investor education | $91M | 77/100 | |
2nd | Bloomberg 1981, New York City (United States), Funding Raised | Provider of financial data to enterprises | - | 76/100 | |
3rd | Seeking Alpha 2004, New York City (United States), Series B | Crowdsourced equity research platform for stock markets | $7M | 76/100 | |
4th |  Dow Jones 1882, New York City (United States), Acquired | Provider of business and financial news, data, and analysis tools | - | 73/100 | |
5th |  IHS Markit 1959, London (United Kingdom), Acquired | Online data source platform for information, analytics, and solutions for governments and financial markets | $1.16B | 71/100 | |
6th |  FactSet 1978, Norwalk (United States), Public | Financial data marketplace and analytics solution for investment professionals | - | 69/100 | |
7th | YipitData 2010, New York City (United States), Series E | Provider of data and analysis on company performance and consumer behavior | $492M | 69/100 | |
8th | Provider of market intelligence, data feeds, and software platforms for insights | $6.82M | 68/100 | ||
9th | MarketWatch 1997, New York City (United States), Acquired | Financial news, stock market analysis, and investment guidance platform | - | 63/100 | |
10th | Exegy 2003, St. Louis (United States), Acquired | Global leader in market data, trading technology, and managed services | $11.5M | 62/100 | |
11th | Operator of financial information, wealth management, and investment community platform | $293M | 62/100 |
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Snowball's Investments and acquisitions
Snowball has made no investments or acquisitions yet.
Reports related to Snowball
Here is the latest report on Snowball's sector:
News related to Snowball
Filter this listMedia has covered Snowball for 1 event in last 1 year, It was about company updates.
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Chinese Stock Platform Bans 22 Accounts in Market Misinformation CrackdownCaixin Global•Jan 21, 2026•Snowball
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Xindazhou A (000571.SZ) plans to raise no more than 400 million yuanCICC online•Mar 10, 2025•Snowball
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Qunxing Toys restarts management buyout, Chairman Zhang Jincheng to take overThe Paper•Dec 19, 2024•Snowball
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