# Beijing Yuanli Education Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-yuanli-education-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.yuanfudao.com
- Total disclosed funding: $3.7B
- Latest round: Series G (Oct 21, 2020)
- Investors on record: 17

## About

Founded in 2012 and based in Beijing, China, Beijing Yuanli Education Technology Co., Ltd. is an education technology company that provides online educational services and products. In 2019, the company changed its name from Beijing Zhenguanyu Technology Company Limited to Beijing Yuanli Education Technology Co., Ltd. The company raised more than USD 3.5 billion in total financing in 2020. As of 2020, the company’s post-money valuation exceeds USD 17 billion.

The company's main products include Yuanfudao, Zebra App, Xiaoyuankoushou, Pumpkin Science and Ape Programming, etc. Yuanfudao provides services such as interactive classrooms, personalized assessments, data analysis and teacher tutoring. The company's target customers include students and civil servants.

In 2020, the company's financial revenue exceeded CNY 10 billion.

## Funding rounds

- Series G, Oct 21, 2020, $1B — Temasek Holdings, GIC, CPE Funds Management, Greenwoods Asset Management, DST Global, Trustbridge Partners, Ocean Link, DCP Capital, Danhe Capital
- Series G, Aug 31, 2020, $1.2B — IDG Capital, Tencent Investment, Boyu Capital, Hillhouse Investment
- Series G, Mar 31, 2020, $1B — IDG Capital, Tencent Investment, Boyu Capital, Hillhouse Investment
- Series F, Dec 25, 2018, $300M — Warburg Pincus, IDG Capital, Tencent Investment, MPC
- Series E, May 31, 2017, $120M — Warburg Pincus, Tencent Investment
- Series D, May 31, 2016, $40M — Tencent Investment
- Series D, Mar 30, 2015, $60M — IDG Capital, New Horizon Capital, CMC Capital Partners, MPC
- Series C, Jul 22, 2014, $15M — IDG Capital, MPC
- Series B, Aug 1, 2013, $7M — IDG Capital, MPC
- Series A, Aug 1, 2012, $2.2M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C, Series D, Series F, Series G
- MPC — Series B, Series C, Series D, Series F
- New Horizon Capital — Series D
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series D
- Tencent Investment — Series D, Series E, Series F, Series G
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series E, Series F
- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series G
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series G
- Temasek Holdings — Series G
- GIC — Series G
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series G
- Greenwoods Asset Management (https://capitalatlas.ai/funds/greenwoods-asset-management) — Series G
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series G
- Trustbridge Partners (https://capitalatlas.ai/funds/trustbridge-partners) — Series G
- Ocean Link (https://capitalatlas.ai/funds/ocean-link) — Series G
- DCP Capital (https://capitalatlas.ai/funds/dcp-capital) — Series G
- Danhe Capital — Series G