About Ping An Ventures
Ping An Ventures is a venture capital firm founded in 2012. It is primarily based out of Pudong, China. As of Nov 2020, Ping An Ventures has invested in 94 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Consumer to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Seed round of Runze Technology Development Overall, Ping An Ventures portfolio has seen 1 unicorn, 7 IPOs and 8 acquisitions including key companies like Grab, DiDi and Payoneer. A lot of funds co-invest with Ping An Ventures, with names like Alibaba Group sharing a substantial percentage of its portfolio. Ping An Ventures has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 7 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Ping An Ventures' List of Top Investments
Ping An Ventures has a portfolio of 94 companies, one of which is a Unicorn. Their most notable investments are in Tmunity Therapeutics and Daojia Group.Their portfolio spans across China, United States, Israel and 2 more locations. They have invested in Consumer, Life Sciences, Enterprise Applications and 22 other sectors, across stages such as Series A, Seed and 7 more. Here is the list of top investments by Ping An Ventures:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 57,733 as on Jul 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. DiDi
AI-enabled platform for ride-hailing and on-demand services. The platform enables various services for ride-hailing, food delivery, bike-sharing, payment solutions, and more. It also offers various solutions including autonomous driving, traffic management, driver safety management, and more.
Key facts about DiDi
- Founded Year: 2012
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $20.8B
- Employee Count: 35,436 as on Aug 31, 2026
- Investors: Silver Lake, 2020 Ventures and 96 Others
- Latest Funding Round: Post IPO, Oct 12, 2023, $*****
- Highlight: Public
3. Payoneer
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces. The company facilitates payments, manages multiple currencies, and offers working capital advances. It provides tools for global workforce management, including compliant hiring and payment solutions. The company offers services such as contractor management and employer of record options.
Key facts about Payoneer
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $269M
- Employee Count: 3,287 as on Aug 31, 2026
- Investors: Sprout Capital Partners, Vintage Investment Partners and 24 Others
- Latest Funding Round: Series E, Dec 05, 2017, $*****
- Highlight: Acquired
AI-based disease diagnosis and genomic analysis tool for providers. The flagship product Fabric Enterprise is a combination of primary, secondary and tertiary analytic software for genomics, combined with clinical management tools. The product is used for the detection of hereditary diseases, oncology, and rare disease.
Key facts about Fabric Genomics
- Founded Year: 2009
- Location: Oakland (United States)
- Stage: Acquired
- Total Funding till date: $32.8M
- Employee Count: 21 as on Aug 31, 2026
- Investors: Foresite Capital, Mighty Capital and 12 Others
- Latest Funding Round: Series B, Jun 08, 2016, $*****
- Highlight: Acquired
5. Prenetics
Online platform for genetic and diagnostic health testing that helps identify health risks. The company has developed Covid-19 PCR tests and rapid test kits and analyzes the samples by using whole-genome sequencing technology. Also, it has developed a DNA screening test for detecting colon cancer.
Key facts about Prenetics
- Founded Year: 2009
- Location: Hong Kong (China)
- Stage: Public
- Total Funding till date: $67.6M
- Employee Count: 213 as on Aug 31, 2026
- Investors: Apis Partners, Beyond Ventures and 22 Others
- Latest Funding Round: Post IPO, Oct 27, 2025, $*****
- Highlight: Public
Ping An Ventures' Year-on-Year Investment Trends
Ping An Ventures has invested in 94 companies over the last 15 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Runze Technology Development and most recent follow-on round was in Dental360.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 2 | 1 | 3 |
2019 | 0 | 1 | 1 |
2018 | 9 | 3 | 12 |
2017 | 3 | 1 | 4 |
Ping An Ventures' Investments by Stage
Ping An Ventures has made 29 investments in Series A stage with an average round size of $47.4M, 14 investments in Seed stage with an average round size of $1.85M and 12 investments in Series B stage with an average round size of $37.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 29 |
Seed | 14 |
Series B | 12 |
Series C | 4 |
Series D | 4 |
Others | 9 |
Note: We have considered here, only first round of investments
Ping An Ventures' Investments by Sector
Ping An Ventures has a diverse portfolio, with companies operating in the Consumer, Life Sciences, Enterprise Applications, Auto Tech and HealthTech. Notably, it has invested in 83 Tech companies, 57 Consumer (B2C) companies, 37 Enterprise (B2B) companies and at least 32 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 30 |
Life Sciences | 17 |
Enterprise Applications | 16 |
Auto Tech | 11 |
HealthTech | 9 |
Others | 95 |
Note: We have considered here, only first round of investments
Ping An Ventures' Investments by Geography
Ping An Ventures has made most investments in China (55), followed by United States where it has made 13 investments.Country | No. of Investments |
|---|---|
China | 55 |
United States | 13 |
Singapore | 2 |
Australia | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Ping An Ventures' recent investments
Ping An Ventures has not made any investment in 2026 so far.Here are the most recent investments by Ping An Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 14, 2020 | China | Seed | 4177 | - | |
Jan 03, 2020 | China | Series C | 9713 | ||
Jan 03, 2020 | China | Series C | 2039 | [+2] | |
Jan 09, 2019 | China | Series C | 2198 | [+3] | |
Nov 20, 2018 | China | Series A | 7244 | [+2] |
Unicorns in Ping An Ventures' Portfolio
Ping An Ventures has 1 unicorn in its portfolio - Daojia Group. The most recent unicorn in their portfolio is Daojia Group which became a unicorn in 2015.Here is a list of unicorns in Ping An Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Online platform that provides multiple local services | 2014 | Beijing | Series C | gzrsgqy |
IPOs and Publicly Listed companies in Ping An Ventures' Portfolio
7 of Ping An Ventures' portfolio companies have become public. Grab got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2021 at marketcap of $40B and Prenetics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $470M.Here are Ping An Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 01, 2021 | Aug 02, 2018 | Series H | 6429 | |
Sep 14, 2021 | Mar 16, 2016 | Series A | 2331 | |
Jul 30, 2021 | Feb 24, 2016 | Series D | 1466 | |
Jun 30, 2021 | Jul 09, 2015 | Series E | 8397 | |
May 09, 2019 | Nov 13, 2018 | Series B | 5978 |
Acquired companies in Ping An Ventures' Portfolio
8 companies from Ping An Ventures' portfolio have been acquired. The most recent acquisition was Payoneer in Jun 2026 by Nuvei for $*****.Here are Ping An Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | Jun 09, 2014 | Series D | 8299 | |
Apr 16, 2025 | Jun 08, 2016 | Series B | 9101 | |
Oct 09, 2023 | Oct 07, 2016 | Series D | 8439 | |
Dec 20, 2022 | Jan 23, 2018 | Series A | 4942 | |
Mar 05, 2019 | Mar 02, 2017 | Series C | 9578 |
Team profile of Ping An Ventures
Ping An Ventures has a team of 8 members including 2 Partners and 2 Principals located in China. Ping An Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Ping An Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Pudong | - | - | |
Partner | - | - | - | |
Principal | China | - | - | |
Principal | Pudong | - | - |
Co-investors of Ping An Ventures
Over the past 15 years, 341 investors have co-invested in Ping An Ventures's portfolio companies. This includes funds and angels.
- Invested before Ping An Ventures: HHS, IDG Capital and 99 others have invested in rounds before Ping An Ventures. There are 3 companies where HHS has invested before Ping An Ventures and 3 companies where IDG Capital has invested before Ping An Ventures.
- Top Co-investors of Ping An Ventures: 103 investors entered a company along with Ping An Ventures. These include investors like Alibaba Group (3 companies).
- Invested after Ping An Ventures: A total of 137 investors have invested in Ping An Ventures's portfolio after their investments. Top Investors include Ant Group (3 companies), Booking (2 companies) and SoftBank Vision Fund (2 companies).
Recent News related to Ping An Ventures
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Fe3 Medical, an InCube Labs Company, Receives $3.5M Investment from the State of TexasPR Newswire•Jul 26, 2023•Bria Medical, Incube Labs, Fe3 Medical, InCube Ventures and 3 others
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Two new funds – one for digital ID access management, one for trust techBiometricUpdate.com•Jun 23, 2022•Ping Identity, Ping An Ventures
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Runze Technology Receives Strategic Financing from Ping An Venture CapitalPEdaily•Nov 14, 2020•Runze Technology Development, Ping An Ventures
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Digital dental company "Fussen Technology" completes hundreds of millions of yuan in Series C financing36Kr•Jan 03, 2020•Fuessen, Sequoia Capital, CICC, Ping An and 1 other
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Grab lands $150M for Yamaha Motor to double down on motorbike on-demand servicesTechCrunch+•Dec 13, 2018•Grab, Kasikornbank, Toyota Motor, Booking and 9 others
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GGV leads $108m round for Chinese e-commerce platformAsian Venture Capital Journal•Nov 20, 2018•iYiou, Xiaoqule, Notable Capital, Vertex Ventures and 2 others
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Xiaoqule bands together investors to raise $108mGlobal Corporate Venturing•Nov 20, 2018•Xiaoqule, Notable Capital, Vertex Ventures, Ping An Ventures and 1 other
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NextCure Raises $93 Million in Series B FinancingBioSpace•Nov 13, 2018•NextCure, Hillhouse Capital Group, Quan Capital, Bay City Capital and 12 others
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SoftBank deepening ties to ride-hailing firm Grab with $500 million funding - sourcesReuters•Oct 05, 2018•Grab, Oppenheimer Funds, Ping An Ventures, Vulcan Capital and 6 others
