
VIPKID Stock
VIPKID provides an international learning experience to children in China between the ages 4-12.
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About VIPKID Stock
VIPKID connects children in China (and 32 other countries) with the world’s best teachers for real-time, one-to-one online English immersion learning. A global education company, VIPKID’s mission is to inspire and empower every child for the future. VIPKID adheres to the belief that education is not one-size-fits-all and that all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity. Founded in 2013 and formally launched in 2014 after a year of piloting and curriculum development, edtech unicorn VIPKID has become China’s market-leading education startup, attracting investment from Sinovation Ventures, Sequoia Capital, Tencent, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC, Bryant Stibel, among others. VIPKID raised USD$ 200 million in its D Round in August 2017. The company offers a progressive pedagogy based on the US Common Core State Standards and now serves a community of over 200,000 paying students and over 20,000 teachers in the US and Canada. In 2017, VIPKID and Jack Ma Foundation launched an English-language education initiative for schools in rural China with the goal of reaching 200 schools in rural China in two years. In August 2017, VIPKID launched its online Mandarin tutoring service, Lingo Bus. Leveraging VIPKID’s best-in-industry technology, Lingo Bus is a “flipped version” of the VIPKID model, with China’s top Chinese language teachers teaching Chinese to children across the globe. The classes are taught in fully immersive Mandarin Chinese and thus can be taught to children in every country.
Investors
Bryant Stibel Investments
Scopely, VIPKID, HouseCanary, Tile, Juicero, LegalZoom, Revenue.io, Reserve
Funding History
May 2013 | $0 |
---|---|
December 2013 | $0 |
May 2014 | $5.0M |
October 2015 | $20.0M |
August 2016 | $100M |
August 2017 | $200M |
April 2018 | $500M |
Management
Founder
Jessie Chen
Founder and CEO
Cindy Mi
Growth
Mei Tao
Press
marketbrief - Oct, 26 2021
Major Tutoring Company VIPKid to End Core Tutoring Program in Chinachannelnewsasia - Aug, 7 2021
VIPKid to stop selling foreign-based tutoring to students in ChinaTechCrunch - Jun, 9 2021
Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platformtechnode - Feb, 26 2021
Tencent-backed Vipkid says it will be profitable in 2021: reportequalocean - Feb, 25 2021
VIPKID is Laying Off 10% to 30% of Employeesequalocean - Aug, 28 2020
VIPKID Announces Positive Unit Economics for 2020equalocean - Aug, 18 2020
VIPKID Records Positive Unit Operating Profit in 1H 2020kr-asia - May, 7 2020
Embattled education startup GSX posts staggering Q1 growth amid fraud allegations and trade secrets lawsuitcaixinglobal - Apr, 17 2020
Online Educator VIPKid Sues Rival GSX for Trade Secret Theftdealstreetasia - Apr, 16 2020
Valuations of Chinese unicorns slip as investors seek early exitstechnode - Apr, 4 2020
Yuanfudao is now one of China’s most valuable ed-tech startupstechnologynewschina - Jan, 13 2020
VIPKid’s New Education Brand Dami Wangxiao Closes $80 Million Series A Fundingequalocean - Jan, 10 2020
Tencent and Sequoia Pour USD 80 Million into VIPKid's Subsidiarychinamoneynetwork - Jan, 7 2020
Online Tutoring Unit Of VIPKID Secures $80M Rounddealstreetasia - Jan, 7 2020
Tencent, Sequoia lead $80m funding in VIPKid’s online education brandequalocean - Nov, 19 2019
Medical Device Firm Bioheart Completes Fundraising Worth CNY 60 Millionasia - Nov, 19 2019
Tiger mom effect: China passes US in educational tech investingchinamoneynetwork - Nov, 16 2019
Chinese Online Education Startup VIPKID Denies 15% Layoff Rumorsdealstreetasia - Oct, 9 2019
Chinese education firm VIPKid closes Tencent-led Series E roundequalocean - Oct, 8 2019
VIPKid Raises an Undisclosed Amount of Financing from Tencentedsurge - Sep, 25 2019
Deal or No Deal? Conflicting Reports of VIPKid’s $150 Million Fundraiseequalocean - Sep, 24 2019
Rumors Prove False as Tencent Plans to Invest Millions in VIPKidtechnologynewschina - Sep, 20 2019
China’s Tencent to Invest in Educational Startup VIPKidtechnode - Sep, 17 2019
INSIGHTS | Bytedance’s edtech playbusinesswire - Sep, 17 2019
Global Academic E-Learning Market Nears $152 Billion by 2026 - Key Players Pearson, Berlitz, Blackboard, Desire2Learn, EF Education First, Instructure, MPS Limited, and Vipkid - ResearchAndMarkets.comdealstreetasia - Aug, 29 2019
Tencent scraps plan to invest $150m in Chinese education firm VIPKidbusinesswire - Jul, 20 2019
500 Teachers Meet in Las Vegas for VIPKid’s 5th “Journey” Conferencewired - Jul, 17 2019
When an Online Teaching Job Becomes a Window into Child Abusedealstreetasia - Jul, 13 2019
China’s Ping An Insurance acquires stake in edtech firm iTutorGrouptheepochtimes - Apr, 1 2019
Chinese Education Company Fired American Teachers For Discussing Taiwan, Tiananmen Massacrethestar - Mar, 24 2019
Chinese Education Startup Puts Western Teachers on Noticebusinesswire - Mar, 14 2019
Over 500 Teachers Gather in Chicago for VIPKid’s High-Energy “Journey” Conference36kr - Jan, 17 2019
36氪 Exclusive | "DaDa English" received $255 million in Series D financing, led by Hua Ping, good future, etc.blog - Jan, 17 2019
Cindy Mi and Qi Lu Share Advice for Entrepreneurs Building Global Companies36kr - Jan, 15 2019
Is it a good business to coach closed online one-on-one business?36kr - Jan, 15 2019
2019 Education Venture Capital Outlook: The turning point is the risk, and the turning point is the opportunitybusinesswire - Dec, 14 2018
Mayor Rahm Emanuel and VIPKid Announce Plans to Enhance Mandarin Language Programming at Chicago Public Schoolschinadaily - Dec, 8 2018
VIPKid inks exclusive online partnership with SSATbusinesswire - Dec, 6 2018
Over 400 VIPKid Teachers and Students Celebrate VIPKid’s Five Year Anniversary in Orlando - at VIPKid’s Third “Journey” Regional Conference of 2018macleans - Dec, 6 2018
In Canada, Chinese companies find resistance—but also willing consumers - Macleans.cabusinessinsider - Dec, 6 2018
A 35-year-old who dropped out of high school had a vision of a utopian future for China, the US, and the world — and it's led her to the forefront of a tech startup worth $3 billionfortune - Dec, 6 2018
Some Massive Successes in Tech Outside of Silicon Valleybusinesswire - Dec, 6 2018
VIPKid Announces Strategic Partnership with SSAT China to be the SSAT’s Exclusive Online Learning Institution in Chinabusinesswire - Dec, 6 2018
VIPKid Announces Strategic Partnership With World-Renowned Education Publisher Houghton Mifflin Harcourtbusinesswire - Dec, 6 2018
VIPKid is Recognized as One of the Best Places to Work in 2019 by Glassdoor10news - Dec, 6 2018
Making It in San Diego: Side jobs help families make ends meetfortune - Dec, 6 2018
Who’s Teaching Who? AI-Enabled Learning Is Booming in Chinacnbc - Dec, 6 2018
Chinese unicorn VIPKid says it's focused on maintaining quality in the face of 'rapid growth'businesswire - Dec, 6 2018
VIPKid Announces Partnership with Scholastic in Chinamediapost - Dec, 2 2018
VIPKid Taps HSC For Rebranding Projectbusinesswire - Aug, 5 2018
VIPKid Announces Expansion of Curricula, Product Lines, and Overseas Operations Across 100 CountriesTechCrunch - Jun, 23 2018
China’s VIPKID, which links English tutors with online learners, raises $500M at $3B+ valuationPitchBook News & Analysis - Jun, 22 2018
VIPKid confirms big fundraisedealstreetasia - Jun, 22 2018
China: Tencent-backed education startup VIPKID bags $500m Series D+edsurge - Jun, 22 2018
China’s VIPKID, a Marketplace for English Tutors, Raises $500M in Series D+ Fundingtechnode - Jun, 21 2018
VIPKID valued at $20 billion after its $500 million Series D+Bloomberg - Apr, 26 2018
China's VIPKid Is Raising Funds at Over $3 Billion ValueEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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