About Palfish
Palfish is a company based in Chaoyang (China) founded in 2015 by Henry Huang. Palfish has raised $125 million across 4 funding rounds from investors including Meituan, Whale Capital and SIG China. Palfish offers products and services including PalFish Class, Placement Test, and Performance Report. Palfish operates in a competitive market with competitors including Open English, 51Talk, Tandem, Voxy and Busuu, among others.
- Headquarter Chaoyang, China
- Founders Henry Huang
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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
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Net Profit
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EBITDA
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Total Equity Funding
$125 M (USD)
in 4 rounds
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Latest Funding Round
$120 M (USD), Series C
Aug 17, 2020
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Investors
Meituan
& 4 more
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Employee Count
Employee Count
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Products & Services of Palfish
Palfish offers a comprehensive portfolio of products and services, including PalFish Class, Placement Test, and Performance Report.
App for one-on-one English tutoring with native teachers for kids aged 3-12.
Tool to evaluate child's English level before starting classes.
Post-class report to monitor and review child's English improvement.
Funding Insights of Palfish
Palfish has successfully raised a total of $125M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in August 2020. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $120.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Series C - Palfish | Valuation | Meituan , FutureX Capital | |
| Sep, 2018 | Amount | Series B - Palfish | Valuation |
investors |
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| Jun, 2018 | Amount | Series B - Palfish | Valuation | Whale Capital |
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Investors in Palfish
Palfish has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Meituan, Whale Capital and SIG China.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Tech companies in China are invested in by SIG China.
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Founded Year | Domain | Location | |
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Suhehui is recognized for providing enterprise services and business parks.
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Founded Year | Domain | Location |
Investments & Acquisitions by Palfish
Financial Statements - Palfish
Palfish Comparisons
Competitors of Palfish
Palfish 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 Open English, 51Talk, Tandem, Voxy and Busuu, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform providing live English classes
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| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
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| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
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| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
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Latest news on Palfish
Frequently Asked Questions about Palfish
Palfish was founded in 2015.
Palfish is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Henry Huang is the current CEO of Palfish. They have also founded this company.
Palfish is a funded company, having raised a total of $125M across 4 funding rounds to date.
Founded in 2015 in Chaoyang, China, Palfish operates in the online education sector, focusing on English language instruction for children aged 5-12. One-on-one live classes are provided, supported by interactive courseware featuring AR effects, picture books, and reading assignments. An AI engine is utilized to guide pronunciation practice. The platform serves users primarily in Asia through its digital domain.
Palfish offers PalFish Class, Placement Test, and Performance Report.