# Boat Going Education Technology (Beijing) Co.

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

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.zybang.com/
- Total disclosed funding: $2.9B
- Latest round: Series E (Dec 28, 2020)
- Investors on record: 17

## About

Founded in 2014, and based in Beijing, China, Boat Going Education Technology (Beijing) Co., Ltd., trading under the name Zuoyebang, provides educational products and services to students throughout China. The company's platform offers online courses, live lessons, and homework helps for kindergarten to 12th-grade students. The platform utilizes an artificial intelligence system that enables students to upload their homework questions and search for answers.

## Funding rounds

- Series E, Dec 28, 2020, $1.6B — Hong Shan, Ontario Teachers' Pension Plan, FountainVest, Tiger Global Management, Alibaba Group, SB Investment Advisers
- Series E, Jun 29, 2020, $750M — Hong Shan, Qatar Investment Authority, FountainVest, Tiger Global Management, Tiantu Capital, Xiang He Capital, SB Investment Advisers
- Series D, Jul 18, 2018, $350M — New Enterprise Associates, Hong Shan, Coatue Management, Goldman Sachs Asset Management, Tiantu Capital, Primavera Capital Group, Xiang He Capital, TH Capital, Jiyuan Capital
- Series C, Aug 14, 2017, $150M — Hong Shan, Legend Capital, Tiger Global Management, H Capital, Xiang He Capital, Jiyuan Capital
- Series B, Aug 18, 2016, $60M — Hong Shan, Legend Capital, Xiang He Capital, Jiyuan Capital
- Series A, Sep 2, 2015, $25M — Hong Shan, Legend Capital

## Investors

- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Legend Capital — Series A, Series B, Series C
- Xiang He Capital (https://capitalatlas.ai/funds/xiang-he-capital) — Series B, Series C, Series D, Series E
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series B, Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series E
- H Capital (https://capitalatlas.ai/funds/h-capital) — Series C
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Tiantu Capital (https://capitalatlas.ai/funds/tiantu-capital) — Series D, Series E
- Primavera Capital Group (https://capitalatlas.ai/funds/primavera-capital-group) — Series D
- TH Capital (https://capitalatlas.ai/funds/th-capital) — Series D
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series E
- FountainVest (https://capitalatlas.ai/funds/fountainvest) — Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series E
- Ontario Teachers' Pension Plan — Series E
- Alibaba Group — Series E