HI
Hillhouse Capital
Investment firm · Founded 2005 · Active in 2026
Hillhouse Capital is an investment firm based in China, founded in 2005. The page below shows 89 Power Law outcomes from Hillhouse Capital's portfolio — 77 unicorns ($1B+ valuation) and 0 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).
Outcomes are concentrated in Biotech & Life Sciences · eCommerce & Marketplaces · Transportation; top portfolio geographies are China · USA · India. Hillhouse ranks #86 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
Hillhouse’s biggest exits.
Hillhouse portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.
Hillhouse’s selected top holdings.
An estimate of Hillhouse’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 21 companies where Hillhouse is a named shareholder, worth about $6.7B in estimated equity value.
Showing the 12 largest of 21 disclosed direct holdings.
6 companies hidden on this public profile. Estimated value = Hillhouse’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Hillhouse also appears inside investor groups in ByteDance, CertiK, Facily, Galaxy Space, Moka, Silicon Box, Traveloka, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
+10 more $1B+ exits on the full Dealroom profile.
The 89 Hillhouse Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
-
China59
-
USA16
-
India3
-
Hong Kong3
-
Singapore2
-
South Korea2
-
Germany2
-
Spain1
-
Indonesia1
-
Biotech & Life Sciences22
-
eCommerce & Marketplaces12
-
Transportation11
-
Fintech7
-
Other7
-
AI5
-
Food5
-
Health Tech & Medtech4
-
Other B2B Software4
-
Robotics4
-
Marketing3
-
Edtech3
-
Series B+65
-
Series A10
-
Seed5
Hillhouse's 89 Power Law outcomes.
How does Hillhouse stack up?
Hillhouse in orange, your selection in blue and other colours. Pick from the global roster of 35 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by entry stage and outcome tierSector focus
Companies per investor across the 10 highest-volume sectorsWhere Hillhouse's portfolio founders come from — and where they studied.
93 founders across the 89 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Tsinghua University and Microsoft are the deepest single pipelines.
Key people at Hillhouse.
Market sentiment
What the market is saying about Hillhouse Capital
An AI-synthesized read of the highest-engagement posts about Hillhouse on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
In the news
Latest news about Hillhouse Capital
Recent press, funding announcements, and portfolio moves mentioning Hillhouse — pulled live from Dealroom's news feed.
Want the full picture on Hillhouse Capital?
The Dealroom platform tracks every round, every co-investor, and every portfolio company in real time — across 25,000+ investors and 3M+ companies globally.