# Xiao Li

> Xiao Li is a Series A investor at Joy Capital (Chaoyang) backing Rental and Internet. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Joy Capital](https://shizune.co/investors/profile/joy-capital)
- Location: Chaoyang, China
- Total investments: 5
- Last investment: Aug 2025
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/xiao-li-4779029/

Xiao Li is a Series A investor at Joy Capital in Chaoyang focused on Rental and Internet. Xiao Li is the Founding Partner at Joy Capital.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Rental | 1 | 20% |
| Internet | 1 | 20% |
| Real Estate | 1 | 20% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 20% |
| Series C | 1 | 20% |
| Series D | 1 | 20% |
| Series E | 1 | 20% |
| Series F | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Haivivi | Haivivi is a dedicated children's educational toy brand that focuses on creating engaging, high-quality, and developmentally appropriate products designed to inspire creativity, support learning, and foster cognitive growth in young minds | $27.9M | Series A | Aug 20, 2025 |  |
| Xiaozhu.com | Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. Thiswill effectively take full advantages and maximize the value of landlords' idle resources through sharing.Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities. | $300M | Series F | Oct 10, 2018 |  |
| Xiaozhu.com | Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. Thiswill effectively take full advantages and maximize the value of landlords' idle resources through sharing.Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities. | $120M | Series E | Nov 01, 2017 |  |
| Xiaozhu.com | Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. Thiswill effectively take full advantages and maximize the value of landlords' idle resources through sharing.Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities. | $65M | Series D | Nov 02, 2016 |  |
| Xiaozhu.com | Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. Thiswill effectively take full advantages and maximize the value of landlords' idle resources through sharing.Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities. | $60M | Series C | Jul 08, 2015 |  |

5 of 5 investments shown.

## Co-investors
- [Capital Today](https://shizune.co/investors/profile/capital-today) — VC Fund, 3 deals together
- [5Y Capital](https://shizune.co/investors/profile/morningsidevc) — VC Fund, 3 deals together
- [MSA Capital](https://shizune.co/investors/profile/msacap) — VC Fund, 2 deals together
- [YF Capital](https://shizune.co/investors/profile/yf-capital) — VC Fund, 2 deals together
- [Advantech Capital](https://shizune.co/investors/profile/advantech-capital) — VC Fund, 1 deal together
- [BAI capital](https://shizune.co/investors/profile/bertelsmann-asia-investments) — VC Fund, 1 deal together

## About Joy Capital

VC Fund · Changyang, China

JOY CAPITAL invests in startups of both early and growth stages and focuses on TMT and innovative consumption sectors. “Do Hard Things with JOY”. JOY CAPITAL keeps partnering with entrepreneurs for helping them make right decisions at key moments during a startup’s developments and sharing the hardship and joy with them while starting theirbusiness. Founding partners of JOY CAPITAL have invested in more than 80 startups and over 10 portfolios they’ve invested in are unicorns.

2 contacts available at Joy Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Erhai Liu | Founding and managing partner | https://shizune.co/investors/profile/liu-erhai |
| Xiao Li | Founding Partner | https://shizune.co/investors/profile/xiao-li-4d87 |

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### Similar stage
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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Xiao Li invest in?

Xiao Li invests primarily in Rental, Internet and Real Estate startups, most often at Series A and Series C stage. Most of the 5 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Xiao Li last invest?

The most recent investment recorded for Xiao Li closed in Aug 2025. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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