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Valuation

$1B

2024 Revenue

$275M

Funding

$221M

Team

2.5K

Founded

2009

How Wacai CEO Zhiguo Li grew Wacai to $275M revenue with a 2500 person team in 2024.

Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app that provides users with wealth management and financial accounting services.

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Wacai Revenue

In 2024, Wacai's revenue reached $275M. Since its launch in 2009, Wacai has shown consistent revenue growth.

Wacai Revenue GrowthReported revenue / ARR by year$0$60M$120M$180M$240M$300M200920112013201520172019202120232024$0$275MSource: GetLatka.com
YearMilestone
2024Wacai Hit $275m revenue in December 2024
2009Launched with $0 revenue

Wacai Valuation, Funding Rounds

Wacai reached a $1B valuation in 2018, set during its Series D round.

Wacai has raised $221M in total funding across 4 rounds, most recently a $140M Series D round in 2018.

Wacai Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$250M$500M$750M$1B$1B2009201120132015201720182009 cumulative: $0 • 2009 Founded: $02013 cumulative: $16M • 2009 Founded: $0 • 2013 Series A: $16M2014 cumulative: $31M • 2009 Founded: $0 • 2013 Series A: $16M • 2014 Series C: $15M2014 cumulative: $81M • 2009 Founded: $0 • 2013 Series A: $16M • 2014 Series C: $15M • 2014 Series B: $50M2018 cumulative: $221M • 2009 Founded: $0 • 2013 Series A: $16M • 2014 Series C: $15M • 2014 Series B: $50M • 2018 Series D: $140M @ $1B valuation$221M2009 Founded: $0 valuation2018 Series D: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Series D$140M$1B14%
2014Series B$50M--
2014Series C$15M--
2013Series A$16M--

Wacai Employees & Team Size

Wacai employs approximately 2.5K people as of 2026.

Wacai has 2.5K total employees in different roles and functions.

Wacai Team GrowthReported headcount over time06001,2001,8002,4003,000200920112013201520172019202120232025002,5002,500Source: GetLatka.com
YearMilestone
2025Reached 2.5K employees (November 2025)

Founder / CEO

Zhiguo Li

Zhiguo Li is listed as Founder / CEO at Wacai.

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Customers

We do not have customer count information for Wacai yet.

Frequently Asked Questions about Wacai

What is Wacai's revenue?

Wacai generates $275M in revenue.

Who founded Wacai?

Wacai was founded by Zhiguo Li.

Who is the CEO of Wacai?

The CEO of Wacai is Zhiguo Li.

How much funding does Wacai have?

Wacai raised $221M.

How many employees does Wacai have?

Wacai has 2.5K employees.

Where is Wacai headquarters?

Wacai is headquartered in Hangzhou, China.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Wacai Revenue 2024: $275M ARR, $1B Valuation