VIPKid

VIPKID is a leading Chinese online education firm that offers an American elementary education experience to Chinese students aged 4-12.

VIPKID's mission is to provide the international learning experience to Chinese children—all from the comfort of their homes. It connects children in China with the world’s best teachers for real-tme one-to-one online English immersion learning.

VIPKID was founded in 2013 by Mi Wenjuan and is based in Beijing, Beijing, China with offices in both China and the US.

 

VIPKID is venture backed by top investors including Tencent Holdings, Innovation Works, Sequoia Capital, Matrix Partners, Northern Light Venture and Yunfeng Capital. The company raised $150M from a latest corporate round on Sep 19, 2019. This brings VIPKid's total funding to $975.1M to date.

 

VIPKid was valued at $3B from a Series D+ financing in April 2018. It's current valuation is unknown.

 

VIPKID has won awards, such as the Shengjing Top 21 Global Innovation Award in 2015, the US-China Entrepreneurship Leader Award in 2014, Sina’s China’s Most Valuable Online education brand and best teachers award in 2015, Tencent's China's Most powerful education brand in 2015, the Flexjobs Top 100 Companies for Remote Jobs in 2017.

 

 

  • Year founded: 2013
  • Funding Info: $975.1M over 8 Rounds of Funding (Last Funding Type: Series E)
  • Yearly Revenue: $700M-$1B (2018)
  • Employee Size: 1001-5000
  • Business Valuation: Valued at $3B as of Apr 27, 2018
  • City/Town: Beijing
  • State: Beijing
  • Country: China
Related businesses