VIPKID

company

About

VIPKid connects teachers in North America with children around the world for real-time English immersion learning online

Details

Last Funding Type
Series C
Last Funding Money Raised
$100M
Industries
E-Learning,Education,Internet,Online Portals,Primary Education
Founded date
Jan 1, 2013
Number Of Employee
5001 - 10000
Operating Status
Active
Legal Name
Beijing Dami Technology Co., Ltd.
Also Known As
北京大米科技有限公司

VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of cultures across the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.

Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
10
$1.05B ¥500K
VIPKID has raised a total of $1.05B ¥500K in funding over 2 rounds. Their latest funding was raised on Sep 19, 2019 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 19, 2019 Series E $150M 1 Tencent Detail
Apr 27, 2018 Series D $500M 9 Coatue
Sequoia Capital China
Tencent
YF Capital
Detail
Aug 23, 2017 Series D $200M 5 Sequoia Capital China
Tencent
Detail
Aug 3, 2016 Series C $100M 5 Detail
Apr 18, 2016 Series Unknown ¥500K 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
1
VIPKID has made 1 investments. Their most recent investment was on Oct 18, 2018, when NewSchool Insight Media raised $2.88M.
Date Company Name
Round Money Raised Industry Lead Investor
Seed $2.88M Education Yes

Investors

Number of Lead Investors
Number of Investors
10
12
VIPKID is funded by 12 investors. Tencent and Coatue are the most recent investors.
Investor Name Lead Investor Funding Round
Tencent Yes Series E
Coatue Yes Series D
Sequoia Capital China Yes Series D
YF Capital Yes Series D
Matrix Partners China Yes Series Unknown
Bryant Stibel Investments Series D
Learn Capital Series D
Matrix Partners Series D
Northern Light Venture Capital Series D
Sinovation Ventures Series D

Employee Profiles

Number of Employee Profiles
5
VIPKID has 5 current employee profiles, including Advisor Wendi Murdoch
Advisor
Executive
Executive
Executive
Executive