Yuanfudao

Yuanfudao is a web-based education platform that provides tutoring services for primary and secondary school students.

Yuanfudao provides live courses and tutoring through an online platform.

Yuanfudao was founded in 2012 by SHUAI Ke, LI Xin, and LI Yong. The company is based in Beijing, with branches in Wuhan, Xi'an, Zhengzhou, Nanjing, Chengdu, Jinan, Changsha, Tianjin, Chongqing, Shenyang, Changchun and Hefei.

Yuanfudao has been committed to optimizing the learning experience, stimulating study enthusiasm and nurturing good learning habits for Chinese students by providing them with highly accessible, quality education resources through the use of innovative educational technologies.

Yuanfudao has a variety of online education products such as ape tutoring, ape question bank, little ape search questions, little ape oral calculations, and zebra AI courses. It provides users with a variety of intelligent education services such as online lessons, intelligent exercises, and problem analysis to help students system Sexually and efficiently complete learning closed loop.

 

Yuanfudao has has self-developed a variety of online education products including YUANFUDAO APP, YUANTIKU, XIAOYUANSOUTI, XIAOYUANKOUSUAN, Zebra AI Course and YUANFUDAO.

 

Yuanfudao has also set up the Yuanfudao AI Research Institute in 2014. The AI Research Institute currently has approximately 100 members from a number of top-tier educational institutions and corporates such as Tsinghua University, Peking University, Chinese Academy of Sciences and Microsoft.

 

Yuanfudao claims to serve more than 400 million users, which include students and their parents who use the startup’s apps to check the learning progress of their kids.

 

Yuanfudao is backed by Tencent, DST Global, Temasek, Warburg Pincus, Matrix Partners China, IDG Capital, Hillhouse Capital Group, Boyu Capital and others. The company closed its $2.2B Series G1 and G2 financing round on Oct 22, 2020. This brings Yunfudao's total funding to $2.7B to date. The latest round lifts the company valuation to $15.5B, making them the most valuable Edtech in the world.

 

 

  • Year founded: 2012
  • Funding Info: $2.7B over 9 Rounds (Latest Funding Type: Series G)
  • Yearly Revenue: $550M- $600M (2019)
  • Employee Size: 5,000-10,000
  • Business Valuation: Valued at $15.5B as of Oct 22, 2020
  • City/Town: Beijing
  • State: Beijing
  • Country: China
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