Overview

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Total Equity Funding
$325M in 6 Rounds from 9 Investors
Most Recent Funding
$200M Series D on August 23, 2017
Headquarters:
Beijing, Beijing
Description:
VIPKID provides an international learning experience to children in China between the ages 4-12.
Founders:
,
Categories:
Education, Internet, E-Learning
Website:
https://t.vipkid.com.cn/
Social:

Company Details

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Founded:
2013
Employees:
1k - 5k | 2 in Crunchbase

VIPKID, founded in 2013, is dedicated to providing the North American elementary school experience to children in China between the ages of 4-13, all from the comfort of their own homes.

Headquartered in Beijing but with operations spanning the globe, the company offers fully immersive one-on-one English language instruction provided online by some of the world's most highly qualified teachers. Curriculum is aligned to U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.

In August 2016, VIPKID closed a Series C financing round of USD 100 million, setting a record as the largest ever fundraising round for an online children’s English learning firm. Investors come from both China and the U.S. and include Sequoia Capital, Jack Ma’s Yunfeng Capital, Learn Capital, and Bryant-Stibel, as the second China investment of Kobe Bryant’s venture capital fund after Alibaba.

On October 20, 2016, VIPKID became the first children’s online learning firm to launch a major research base dedicated to studying student growth and engagement in the online learning realm. The VIPKID Education Research Institute (VERI), based in the Silicon Valley, was established in partnership with leading North American scholars, educational entrepreneurs, and thought leaders, including Learn Capital, the world’s preeminent ed. tech-focused venture capital firm.

Funding Rounds (6) - $325M

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DateAmount / RoundValuationLead InvestorInvestors
Aug, 2017$200M / Series D4
Aug, 2016$100M / Series C5
Oct, 2015$20M / Series B3
May, 2014$5M / Series A3
Dec, 2013undisclosed amount / Seed1
May, 2013undisclosed amount / Angel0

Current Team (2)

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Offices/Locations (1)

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  • Headquarters

    23 Doufuchi Hutong, Dongcheng District

    Beijing, Beijing 100009

    China

Images (1)

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