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Hans Tung

North America, California, United States, San Francisco

Description

Hans Tung is a highly influential Managing Partner at GGV Capital, a prominent global venture capital firm with a significant presence in both the United States and Asia. Based in San Francisco, Tung is renowned for his deep expertise in consumer internet, e-commerce, social media, and cross-border businesses, making him a key figure in the global tech investment landscape. His investment philosophy centers on identifying disruptive technologies and business models that leverage network effects and strong unit economics, often with a focus on companies poised for international expansion.

Tung possesses an exceptional track record, having backed numerous industry leaders from their early stages. His notable investments include companies like Affirm, Wish, Slack, Poshmark, Xiaomi, ByteDance (parent company of TikTok), and Grab. These investments span various sectors, from fintech and e-commerce to enterprise software and super apps, showcasing his versatile investment acumen. He is particularly known for his ability to identify and support companies that redefine consumer experiences and create new market categories.

GGV Capital, under leadership including Tung's, has demonstrated a robust capacity for deploying capital across different stages. The firm successfully closed its ninth family of funds in 2021, raising a substantial $2.52 billion, which underscores its significant financial firepower and commitment to backing innovative companies globally. For a lead investor like Tung, initial investment sizes typically range from $5 million for early-growth stage companies (Series A/B) to upwards of $50 million for more mature growth equity opportunities, reflecting his focus on impactful, high-potential ventures.

Beyond capital, Tung is recognized for his hands-on approach and strategic guidance, leveraging his extensive network and operational experience to help portfolio companies scale and navigate complex market dynamics. His insights into cross-border strategies, particularly between the US and China, are highly valued by founders. His continued influence at GGV Capital solidifies the firm's position as a top-tier global investor, consistently identifying and nurturing the next generation of technology giants.

Investor Profile

Hans Tung has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Brazil, Colombia.
  • Strong thematic focus on E-Commerce, FinTech, Software.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series A (43%)
  • Seed (29%)
  • Series C (14%)
  • Series B (14%)

Country Focus

  • United States (38%)
  • Brazil (29%)
  • Colombia (14%)
  • Mexico (10%)
  • India (5%)
  • Singapore (5%)

Industry Focus

  • E-commerce
  • Fintech
  • Software
  • Artificial Intelligence (Ai)
  • Financial Services
  • Payments
  • Marketplace
  • Apps
  • Finance
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Hans Tung frequently co-invest with?

NFX
North America, California, United States, San Francisco
Co-Investments: 3
Pear VC
North America, California, United States, Menlo Park
Co-Investments: 3
monashees
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 8
Citius
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 4
DST Global
Europe, England, United Kingdom, London
Co-Investments: 3
Greycroft
North America, New York, United States, New York
Co-Investments: 2
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
ONEVC
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 3
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 4

Which angels does Hans Tung often collaborate with?

AS
North America, California, United States
Shared Deals: 1
Ricardo Weder
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 2
Simon Borrero
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 2
AS
North America, New York, United States, New York
Shared Deals: 1
AR
North America, California, United States, San Francisco
Shared Deals: 2
MS
North America, California, United States, San Francisco
Shared Deals: 2
HL
North America, California, United States, San Francisco
Shared Deals: 2
Anand Chandrasekaran
Asia, Haryana, India, Gurgaon
Shared Deals: 1
SM
North America, New York, United States, New York
Shared Deals: 2
KE
North America, Utah, United States, Park City
Shared Deals: 2

What are some of recent deals done by Hans Tung?

Laurel

San Francisco, California, United States

Laurel automates timesheet management for legal and accounting firms using AI.

Artificial Intelligence (AI)LegalMachine LearningProfessional ServicesSaaSSoftware
Series CJun 10, 2025
Amount Raised: $80,000,000
Ximkart

Bengaluru, Karnataka, India

Ximkart is a primary source of ‍raw materials for manufacturers globally.

CommercialService IndustrySupply Chain ManagementTravel
SeedSep 15, 2022
Amount Raised: $2,400,000
Fazz

Singapore, Central Region, Singapore

Fazz enables businesses to send and receive payments, grow their capital, and get funding.

BankingFinancial ServicesFinTechLendingPayments
Series CSep 14, 2022
Amount Raised: $75,000,000
Prisms VR

San Francisco, California, United States

Prisms VR is a STEM education platform that utilizes virtual reality.

E-LearningEdTechSTEM EducationVirtual Reality
SeedJun 2, 2022
Amount Raised: $4,250,000
Zubale

Mexico City, Distrito Federal, Mexico

Zubale develops business management software to connect brands and retailers.

AndroidAppsCrowdsourcingE-CommerceiOSMarketplaceRetail Technology
Series AApr 20, 2022
Amount Raised: $40,000,000
Muni Tienda

Bogotá, Distrito Especial, Colombia

Muni Tienda is a mobile application that offers to earn extra money.

CommunitiesInternetMobile Apps
Series AMar 24, 2022
Amount Raised: $20,000,000
Flash

São Paulo, Sao Paulo, Brazil

Flash focuses on food vouchers in Brazil creating an all in one instrument leveraging a MasterCard, a daily used App and an HR platform

Employee BenefitsPaymentsService IndustrySoftware
Series CMar 9, 2022
Amount Raised: $100,000,000
Jupiter

Stanford, California, United States

Jupiter is a grocery commerce advertising network for CPGs

Content CreatorsE-CommerceFood and BeverageSocial Media
SeedMar 8, 2022
Amount Raised: $5,300,000
Hyphen

San Jose, California, United States

Hyphen automates culinary operations for the restaurant and foodservice industry.

Artificial Intelligence (AI)Industrial AutomationMachine LearningRestaurantsRoboticsSoftware
Series AFeb 16, 2022
Amount Raised: $24,000,000
Melonn

Medellín, Antioquia, Colombia

Melonn enables any retailer to offer deliveries with its e-commerce fulfillment and back-end technology services.

E-CommerceInformation Technology
Series AFeb 2, 2022
Amount Raised: $20,000,000