Yuanfudao

Yuanfudao

Online education platform for K-12 students

About Yuanfudao

Simplify's Rating
Why Yuanfudao is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

AI & Machine Learning

Education

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$3.9B

Headquarters

Beijing, China

Founded

2012

Overview

Yuanfudao provides online education services primarily for K-12 students in China. The platform offers live courses, homework assistance, and exam preparation, utilizing artificial intelligence to enhance the learning experience. Users can access basic services for free, while premium features, such as advanced courses and personalized tutoring, require payment. This freemium model allows Yuanfudao to generate revenue from its premium offerings. The company stands out in the competitive edtech market due to its significant funding, including a recent $300 million investment from Tencent, and its recognition for educational innovation, such as receiving an award from Oxford University Press. Yuanfudao aims to improve educational outcomes for students through its AI-driven services.

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Simplify's Take

What believers are saying

  • Yuanfudao raised $2.2 billion, valuing it at $15.5 billion in October 2020.
  • The company launched 'Pumpkin Science' to align with the rising demand for STEM education.
  • 5G expansion in China enhances Yuanfudao's high-quality video content delivery.

What critics are saying

  • Regulatory scrutiny in China may impact Yuanfudao's tutoring services and business model.
  • Increased competition from companies like Zuoyebang challenges Yuanfudao's market position.
  • Economic slowdown in China could affect spending on Yuanfudao's premium services.

What makes Yuanfudao unique

  • Yuanfudao uses AI to enhance personalized learning experiences for K-12 students.
  • The company offers a freemium model with premium features like advanced courses and tutoring.
  • Yuanfudao has partnerships with Oxford University Press and 'The Strongest Brain' TV show.

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Funding

Total Funding

$3933.9M

Above

Industry Average

Funded Over

9 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Sytycdism
Jan 9th, 2025
CES 2025: AI-powered pet steals the spotlight

Chinese online tutoring start-up Yuanfudao has announced an AI-powered UI design tool called Motiff, which is scheduled to launch later this year.

Business Insider
Dec 16th, 2021
Yuanfudao Raises US$2.2 Billion in New Financing, Valuing the Company at US$15.5 Billion, Becoming the Most Valued Ed-Tech Company Worldwide

BEIJING, Oct. 22, 2020 /PRNewswire/ -- Yuanfudao, China's leading online education platform today announced the closing of its US$2.2 billion Seri...

Global Times
Aug 2nd, 2021
Yuanfudao launched Pumpkin Science on Jul 28th 21'.

Chinese live tutoring app Yuanfudao on Wednesday launched a new online education product called "Pumpkin Science" that focuses ...

ExploreBit
Feb 24th, 2021
Hillhouse Capital invests into Yuanfudao in $1B

Previously in March, Yuanfudao raised $1 billion in its Series G round led by its existing investor Tencent Holdings and Hillhouse Capital with participation from Boyu Capital and IDG Capital.

VCBay
Dec 29th, 2020
Chinese unicorn Yuanfudao bags US$ 300M in funding

Beijing-based edtech company Yuanfudao has bagged US$ 300M in a funding round held in December 2020, from Yunfeng Capital.

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