- Waterdrop Inc.
Waterdrop Inc.
Wangjing Science and Technology Park
Website
We are a leading technology platform dedicated to insurance and healthcare service with a positive social impact. We are the largest independent third-party insurance platform in China in terms of life and health insurance FYP distributed in 2020, according to iResearch. Through our medical crowdfunding, mutual aid platforms, and our insurance marketplace, we have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China.
According to iResearch report, in 2019, the total healthcare service expenditures in China reached RMB7.0 trillion, out of which RMB4.7 trillion was not covered by the social medical insurance, commercial insurance, or other medical financial aid programs. With Waterdrop being a trusted brand in China, we are well positioned to capture this market opportunity for insurance and healthcare service. According to a public survey conducted by iResearch, our insurance marketplace and medical crowdfunding platforms rank No. 1 in terms of brand awareness among independent third-party insurance distribution platforms and medical crowdfunding platforms respectively.
Offering Team
Deal Managers
- Goldman Sachs
- Morgan Stanley
- Bank of America Merrill Lynch
Lawyers
- Skadden, Arps, Slate, Meagher & Flom LLP
Auditors
- Deloitte Touche Tohmatsu Certificated Public Accountants LLP
Pre-IPO Investors
Investors
- Google Ventures
- Intel Ventures
- Patricoff Ventures
- Kleiner Perkins
Pre-IPO Holdings(%)
- 30
- 20
- 05
- 18
Deal Highlights
Deal Tracker
Investors
Filing
06 May, 2021Offer
07 May, 2021Look Ahead
Lock Up Expiry
07 Nov, 2021Earning
Nov 1, 2018IPO Terms
| Offer Price | $12.00 |
| Offer Size | 30M |