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BYTEDANCE
ByteDance
Internet / Social media / Artificial intelligence · Beijing · China · Founded · 2012 · ≈ · 120,000 · employees

ByteDance Funding — Last Valued at $600B

Private

ByteDance has raised $6B across 12 funding rounds. The latest round valued ByteDance at $600B rumored, with General Atlantic on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
ByteDance funding · at a glance
Total raised, all rounds
$6B
some round sizes not disclosed
Funding rounds
12
priced rounds
Latest round
$600B
rumored · Apr 2026
Lead on that event
General Atlantic
lead investor
2026
About ByteDance

ByteDance remains privately held. General Atlantic has tested a $550 billion valuation for the company through a proposed secondary stake sale, separate from a primary fundraising round.

Funding timeline

The ByteDance funding timeline

12 funding rounds, the latest highlighted.

2012
ByteDance founded

ByteDance was founded in 2012, China.

JUN 2012
Series A

A primary round — the company sells new shares to investors it selects. $5M raised, led by SIG Asia Investments.

Valuation basisAmount$5MPrice / shareLeadSIG Asia Investments
SEP 2013
Series B

Susquehanna Int'l Group also participated. Led by DST Global.

Valuation basisAmountPrice / shareLeadDST Global
APR 2017
Series D

A primary round — the company sells new shares to investors it selects. $1B raised, led by Sequoia Capital China, China Construction Bank.

Valuation basisAmount$1BPrice / shareLeadSequoia Capital China, China Construction Bank
AUG 2017
Strategic investment at $20B post-money

A primary round — the company sells new shares to investors it selects. $2B raised, led by General Atlantic.

Valuation basispost-moneyAmount$2BPrice / shareLeadGeneral Atlantic
OCT 2018
Series E at $75B post-money

General Atlantic, KKR, Primavera Capital Group also participated. $3B raised, led by SoftBank.

Valuation basispost-moneyAmount$3BPrice / shareLeadSoftBank
DEC 2020
Series E at $180B post-money

A primary round — the company sells new shares to investors it selects. Led by Sequoia Capital, KKR.

Valuation basispost-moneyAmountPrice / shareLeadSequoia Capital, KKR
NOV 2024

Estimated figure.

Valuation basisAmountPrice / shareLead
APR 2025
Employee share buy-back (April 2025)

Current employees at US$189.90, former employees at US$161.42; no valuation published for this round.

Valuation basistenderAmountPrice / share$190Lead
OCT 2025
Employee share buy-back (October 2025) at $330B tender

Current employees at US$200.41 per vested RSU, former employees at US$180.37; the ~$330bn valuation is described as an estimate based on the purchase price.

Valuation basistenderAmountPrice / share$200Lead
NOV 2025
Secondary trade (November 2025) at $480B tender

Secondary market transaction between existing holders; exact day not published.

Valuation basistenderAmountPrice / shareLead
FEB 2026
Proposed secondary stake sale by General Atlantic at $550B tender

Proposed sale of part of General Atlantic's stake, targeted to close March 2026.. Led by General Atlantic.

Valuation basistenderAmountPrice / shareLeadGeneral Atlantic
APR 2026LATEST
Proposed Secondary Share Sale at $600B rumored

Existing holders selling; buyers approved by the company. Led by General Atlantic.

Valuation basisrumoredAmountPrice / shareLeadGeneral Atlantic
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

ByteDance funding rounds in full

12 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Proposed Secondary Share Sale LATEST
Apr 2026
—
$600Brumored
—
General Atlantic
—
Proposed secondary stake sale by General Atlantic
Feb 2026
—
$550Btender
—
General Atlantic
Proposed sale of part of General Atlantic's stake, targeted to close March 2026.
Secondary trade (November 2025)
Nov 2025
—
$480Btender
—
—
secondary market transaction between existing holders; exact day not published
Employee share buy-back (October 2025)
Oct 2025
—
$330Btender
$200
—
current employees at US$200.41 per vested RSU, former employees at US$180.37; the ~$330bn valuation is described as an estimate based on the purchase price
Employee share buy-back (April 2025)
Apr 2025
$190
—
—
—
current employees at US$189.90, former employees at US$161.42; no valuation published for this round
Estimated valuation (November 2024)
Nov 2024
—
$300B
—
—
Estimated figure
Series E
Dec 2020
—
$180Bpost-money
—
Sequoia Capital, KKR
—
Series E
Oct 2018
$3B
$75Bpost-money
—
SoftBank
General Atlantic, KKR, Primavera Capital Group also participated
Strategic investment
Aug 2017
$2B
$20Bpost-money
—
General Atlantic
—
Series D
Apr 2017
$1B
—
—
Sequoia Capital China, China Construction Bank
—
Series B
Sep 2013
—
—
—
DST Global
Susquehanna Int'l Group also participated
Series A
Jun 2012
$5M
—
—
SIG Asia Investments
—
ByteDance · investors

Investors

General AtlanticLEADSSequoia CapitalLEADKKRLEADSSoftBankLEADSSequoia Capital ChinaLEADCChina Construction BankLEADDST GlobalLEADSSIG Asia InvestmentsLEADSSusquehanna International GroupSSoftBank GroupPPrimavera Capital GroupHHillhouse Capital GroupG42CChina Internet Investment Fund

Frequently asked questions

Who are ByteDance's competitors?›

The closest internet / social media / artificial intelligence peers are on the competitors page.

How can I get exposure to ByteDance?›

The routes section explains what is realistically available for a company at this stage.

Is ByteDance publicly traded?›

No. ByteDance is a private company; its shares do not trade on a public exchange.

What is ByteDance's valuation?›

The last valuation is $600B (rumored, Apr 2026).

Who has invested in ByteDance?›

Lead investors for each round are in the funding timeline.

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