Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services in the People's Republic of China, matching and connecting users with insurance products underwritten by insurance companies. It offers short-term and long-term health and life insurance products and services. The company also operates a medical crowdfunding platform and E-Find, a clinical trial patient recruitment platform that helps pharmaceutical companies find matches for clinical trials. In addition, it provides technical services to insurance brokerage or agency companies through customer relationship management systems. Waterdrop Inc. was founded in 2016 and is headquartered in Beijing, the People's Republic of China.