About GSR Ventures
GSR Ventures is a venture capital firm founded in 2004. It is primarily based out of Beijing, China. As of May 2025, GSR Ventures is an active investor, having invested in 156 companies, with 8 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Blockchain Technology. Most recently it led the Undisclosed Series B round of FANCY TECH along with DCM Ventures.
Overall, GSR Ventures portfolio has seen 13 unicorns, 3 IPOs and 14 acquisitions including key companies like Didi, FunPlus and Medable. A lot of funds co-invest with GSR Ventures, with names like Animoca Brands sharing a substantial percentage of its portfolio.
GSR Ventures has team of 23 people including 18 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
FANCY TECH, CAGUUU &
GSR Ventures' Year-on-Year Investment Trends
GSR Ventures has invested in 156 companies over the last 20 years, with an average of 11 new investments annually in the last 10 years. In 2024, it made 10 investments, while as of May 2025, it has made 5 investments in this year. Its most recent first time investment was in FANCY TECH and most recent follow-on round was in Infinite Uptime.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 4 | 1 | 5 |
2024 | 9 | 1 | 10 |
2023 | 10 | 3 | 13 |
2022 | 35 | 4 | 39 |
2021 | 16 | 2 | 18 |
2020 | 10 | 4 | 14 |
2019 | 6 | 6 | 12 |
2018 | 7 | 7 | 14 |
2017 | 5 | 3 | 8 |
2016 | 4 | 0 | 4 |
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GSR Ventures' Investments by Stage
GSR Ventures has made 46 investments in Series A stage with an average round size of $11.9M, 39 investments in Seed stage with an average round size of $7.53M and 27 investments in Series B stage with an average round size of $57.4M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 46 |
Seed | 39 |
Series B | 27 |
Series C | 6 |
Angel | 1 |
Others | 2 |
GSR Ventures' Investments by Sector
GSR Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, FinTech, Blockchain Technology and Consumer. Notably, it has invested in 135 Tech companies, 93 Enterprise (B2B) companies, 68 Software companies and at least 57 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
High Tech | 51 |
Enterprise Applications | 47 |
FinTech | 41 |
Blockchain Technology | 32 |
Consumer | 32 |
Others | 179 |
GSR Ventures' Investments by Geography
GSR Ventures has made most investments in United States (47), followed by China where it has made 36 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 47 |
China | 36 |
Singapore | 11 |
United Kingdom | 5 |
Canada | 3 |
Others | 19 |
GSR Ventures' recent investments
Here are the most recent investments by GSR Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 07, 2025 | China | Series B | Undisclosed | [+1] | |
Mar 31, 2025 | Japan | Series A | $4.34M | [+2] | |
Mar 10, 2025 | United States | Series C | $35M | Avataar Ventures [+3] | |
Feb 26, 2025 | United States | Series D | $63M | Haun Ventures [+13] | |
Feb 24, 2025 | United States | Seed | $2.4M | [+2] |
Get the detailed list of all investments by GSR Ventures. Download now!Unicorns in GSR Ventures' Portfolio
Here is a list of unicorns in GSR Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Provider of AI-enabled end-to-end robotic solutions for the e-commerce sector | 2017 | San Francisco | Series C | cnfzgba | ||
56 | Developing multi tasking robots for industrial applications and other applications | 2016 | Santa Clara | Series B | uvnyaaz | ||
43 | Provider of voice recognition, language understanding, and data analysis services | 2014 | Haidian | Series B | isdghie | ||
68 | Online platform for the staking solution | 2018 | Toronto | Series C | yvksqov | ||
50 | Recruitment management software solution | 2015 | Beijing | Series C | fpinnee |
IPOs and Publicly Listed companies in GSR Ventures' Portfolio
Here are GSR Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2021 | Sep 2012 | Series A | $3M | |
Jun 07, 2013 | - | - | - | |
Apr 27, 2012 | - | - | - |
Acquired companies in GSR Ventures' Portfolio
Here are GSR Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2025 | Sep 17, 2019 | Series B | $17.3M | |
Oct 31, 2024 | Mar 05, 2020 | Series B | $17.1M | |
Jul 13, 2023 | Dec 07, 2021 | Series A | $15M | |
Apr 11, 2022 | Aug 2016 | Seed | Undisclosed | |
Jun 10, 2021 | 2016 | Series A | $7M |
Team profile of GSR Ventures
GSR Ventures has a team of 23 membersÌýincluding 18 PartnersÌýlocated in United States, China and . GSR Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in GSR Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Singapore | - | - | |
Partner | Shanghai | - | ||
Partner | Menlo Park | - | ||
Partner | Singapore | - | ||
Partner | Chaoyang | - | ||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Partner | Beijing | - | ||
Partner | - | - | ||
Partner | Palo Alto | - | ||
Partner | China | - |
Get the full list of GSR Ventures' team & partners for free. Download now!Co-investors of GSR Ventures
Over the past 20 years, 1037 investors have co-invested in GSR Ventures's portfolio companies.
- Invested before GSR Ventures:Ìý, Zhen Fund and 189 others have invested in rounds before GSR Ventures. There are 7 companies where GSR Ventures has invested before GSR Ventures and 4 companies where Zhen Fund has invested before GSR Ventures.
- Top Co-investors of GSR Ventures:Ìý509 investors entered a company along with GSR Ventures. These include investors like Animoca Brands (5 companies).
- Invested after GSR Ventures:ÌýA total of 337 investors have invested in GSR Ventures's portfolio after their investments. Top Investors include (5 companies), Ant Group (5 companies) and SoftBank Vision Fund (4 companies).
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Recent News related to GSR Ventures
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