About iTutorGroup
iTutorGroup is a company based in Shanghai (China) founded in 2008 was acquired by Ping An in July 2019. iTutorGroup has raised $315 million across 4 funding rounds from investors including Goldman Sachs, Ping An and Temasek. iTutorGroup operates in a competitive market with competitors including Tandem, Busuu, Speak, Lingoda and Verbling, among others.
- Headquarter Shanghai, China
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Sectors
Education
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$315 M (USD)
in 4 rounds
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Latest Funding Round
$200 M (USD), Series C
Nov 18, 2015
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Investors
Goldman Sachs
& 8 more
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Employee Count
Not available
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Acquired by
Ping An
(Jul 12, 2019)
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Funding Insights of iTutorGroup
iTutorGroup has successfully raised a total of $315M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in iTutorGroup
iTutorGroup has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Ping An and Temasek.
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Sovereign wealth is managed and private equity investments are facilitated.
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Multiple sectors are invested in by the private equity fund.
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Investment banking services are delivered across multiple financial sectors.
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Investor details for iTutorGroup
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Investments & Acquisitions by iTutorGroup
Investment portfolio details for iTutorGroup
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Financial Statements - iTutorGroup
Detailed financials for iTutorGroup
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Itutorgroup Comparisons
Peer comparison for iTutorGroup
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of iTutorGroup
iTutorGroup operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tandem, Busuu, Speak, Lingoda and Verbling, among others.
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A language learning app facilitating user-driven conversation exchanges.
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Social networking for language learning is enabled via mobile platform.
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Speak is recognized as an AI-driven language learning application.
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Online language tutoring is delivered via native speakers.
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Offering solutions for live video language learning
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Multiple languages are taught via online SaaS and app platform.
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Detailed competitors of iTutorGroup
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Itutorgroup
Complete news archive for iTutorGroup
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Frequently Asked Questions about iTutorGroup
iTutorGroup was founded in 2008 and raised its 1st funding round 4 years after it was founded.
iTutorGroup is headquartered in Shanghai, China.
iTutorGroup is a funded company, having raised a total of $315M across 4 funding rounds to date.
The company was founded in 2008 and is headquartered in Shanghai, China. It operates in the online education sector, focusing on language learning through platforms such as vipabc, TutorABC, and tutorJr for English, and TutorMing for Mandarin Chinese. Interactive training sessions and on-demand content from experts are provided, with big data analysis and algorithms used to match students, teachers, and digital materials.
iTutorGroup has 9 investors. Key investors include Goldman Sachs, Ping An, Temasek, Qiming Venture Partners, and GIC.