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
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$125 M (USD)
in 4 rounds
-
Latest Funding Round
$120 M (USD), Series C
Aug 17, 2020
-
Investors
Meituan
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Palfish
Palfish offers a comprehensive portfolio of products and services, including PalFish Class, Placement Test, and Performance Report. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
-
First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series C - Palfish | Valuation | Meituan , FutureX Capital | |
| Sep, 2018 | Amount | Series B - Palfish | Valuation |
investors |
|
| Jun, 2018 | Amount | Series B - Palfish | Valuation | Whale Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Tech companies in China are invested in by SIG China.
|
Founded Year | Domain | Location | |
|
Suhehui is recognized for providing enterprise services and business parks.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Palfish
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Palfish
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform providing live English classes
|
|
| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
|
|
| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
|
|
| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
|
|
| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
|
|
| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Palfish
Frequently Asked Questions about Palfish
When was Palfish founded?
Palfish was founded in 2015.
Where is Palfish located?
Palfish is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Who is the current CEO of Palfish?
Henry Huang is the current CEO of Palfish. They have also founded this company.
Is Palfish a funded company?
Palfish is a funded company, having raised a total of $125M across 4 funding rounds to date.
What does Palfish do?
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.
What products or services does Palfish offer?
Palfish offers PalFish Class, Placement Test, and Performance Report.