About VIPKid
VIPKid is a company based in San Francisco (United States) founded in 2013 by Cindy Mi.. VIPKid has raised $975.49 million across 8 funding rounds from investors including Tencent, Coatue and Yunfeng Capital. VIPKid operates in a competitive market with competitors including NovaKid, Edupia, DaDaABC, Edukita and Shenzhen Youle Science & Technology, among others.
- Headquarter San Francisco, United States
- Founders Cindy Mi
- Stage Unicorn
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Sectors
Education
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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
$975.49 M (USD)
in 8 rounds
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Latest Funding Round
$150 M (USD), Series E
Oct 08, 2019
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Investors
Tencent
& 8 more
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Employee Count
Employee Count
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Funding Insights of VIPKid
VIPKid has successfully raised a total of $975.49M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $150 million completed in October 2019. 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 8
- Last Round Series E — $150.0M
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First Round
First Round
(01 Dec 2013)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series E - VIPKid | Valuation | Tencent |
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| Jun, 2018 | Amount | Series D - VIPKid | Valuation | Coatue , Tencent |
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| Aug, 2017 | Amount | Series D - VIPKid | Valuation | Sequoia Capital China |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in VIPKid
VIPKid has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Coatue and Yunfeng Capital. 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 |
|---|---|---|---|---|
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by VIPKid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - VIPKid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vipkid Comparisons
Competitors of VIPKid
VIPKid 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 NovaKid, Edupia, DaDaABC, Edukita and Shenzhen Youle Science & Technology, 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 tutoring platform providing English lessons to kids
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| domain | founded_year | HQ Location |
English learning programs are offered via an online platform.
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| domain | founded_year | HQ Location |
Interactive english learning course
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| domain | founded_year | HQ Location |
Online platform to learn English for students 4 to 18
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| domain | founded_year | HQ Location |
AI-based English language learning platform for kids
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vipkid
Frequently Asked Questions about VIPKid
When was VIPKid founded?
VIPKid was founded in 2013.
Where is VIPKid located?
VIPKid is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of VIPKid?
Cindy Mi is the current CEO of VIPKid. They have also founded this company.
Is VIPKid a funded company?
VIPKid is a funded company, having raised a total of $975.49M across 8 funding rounds to date. The company's 1st funding round was a Series D of $200M, raised on Dec 01, 2013.
What does VIPKid do?
VIPKid was founded in 2013 and is headquartered in San Francisco, United States. An online platform is operated to deliver one-on-one English language learning sessions for children, aligned with US common core state standards. Tutoring services focus on interactive education in the edtech sector, connecting learners globally with certified instructors through virtual sessions.
Who are the top competitors of VIPKid?
Who are VIPKid's investors?
VIPKid has 9 investors. Key investors include Tencent, Coatue, Yunfeng Capital, Sequoia Capital, and Matrix Partners China.
What is VIPKid's valuation?
The valuation of VIPKid is $1.5B as of Aug 2017.
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