Zuoyebang

About

Zuoyebang is an online education platform that provides quality educational products and services to k12 students.

Beijing,Beijing,China
10001 - max
https://www.zybang.com

Highlights

Details

Last Funding Type: Series E
Last Funding Money Raised: $1.60B
Industries: Apps,Artificial Intelligence,E-Learning,EdTech,Education,Q&A,Search Engine,Tutoring
Founded date: Jan 1, 2014
Number Of Employee: 10001 - max
Operating Status: Active
Legal Name: 小船出海教育科技（北京）有限公司
Also Known As: 作业帮

Zuoyebang is an online education startup that provides educational products and services to students in primary and high school.

The platform that it offers is utilizing artificial intelligence which enables students to upload their homework questions and search for answers for their study-related problems. It is also providing online courses, live lessons, and homework help for kindergarten to 12th-grade students. Zuoyebang is backed by Chinese search firm Baidu as well as its investors which includes Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.

Hou Jianbin founded the company in Beijing, Beijing, China in 2014.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$2.93B

Zuoyebang has raised a total of $2.93B in funding over 2 rounds. Their latest funding was raised on Dec 28, 2020 from a Series E round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 28, 2020	Series E	$1.60B	5	—	—	Detail
Jun 29, 2020	Series E	$750M	7	FountainVest Partners Tiger Global Management	—	Detail
Jul 18, 2018	Series D	$350M	8	Coatue	—	Detail
Aug 14, 2017	Series C	$150M	6	H Capital Advance	—	Detail
Sep 25, 2016	Series B	$60M	4	GGV Capital Xianghe Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

8

17

Zuoyebang is funded by 17 investors. Coatue and H Capital Advance are the most recent investors.

Investor Name	Lead Investor	Funding Round
Coatue	Yes	Series D
H Capital Advance	Yes	Series C
Alibaba Group	—	Series E
FountainVest Partners	—	Series E
Sequoia Capital China	—	Series E
SoftBank Vision Fund	—	Series E
Tiger Global Management	—	Series E
Qatar Investment Authority	—	Series E
Tiantu Capital	—	Series E
Xianghe Capital	—	Series E