Funding round
Yuanfudao Series G
Yuanfudao, which works in online education services in Chaoyang District, raised $1.00B in a Series G round announced on 31 Mar 2020, led by Hillhouse and Tencent, at a $7.80B post-money valuation. 4 firms took part.
$1.00B
Amount raised
$7.80B
Post-money valuation
$6.80B pre-money
4
Investors
2 leads
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Yuanfudao at $7.80B after the new money. The $1.00B bought investors about 13% of the company. It is Yuanfudao's first venture round on record, 8 years after it was founded in 2012. No later venture round is on record for Yuanfudao.
Yuanfudao's funding rounds
This is the only venture round on record for Yuanfudao.
- Series G this round 31 Mar 2020, led by Hillhouse and Tencent $1.00B$7.80B post-money
Investors
Who put money in
Hillhouse and Tencent led the round with 2 other firms.
Lead investors
- Hillhouse backs 54 venture-backed companies new investor
- Tencent new investor
Also in the round
- backs 14 venture-backed companies new investor
- IDG Capital backs 49 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| DailyHunt Tech Companies | 30 Apr 2020 | $35M | $625M | Lupa Systems |
| Chemicals | 18 May 2020 | $107M | not disclosed | not named |
| Tech Companies | 9 Jun 2020 | $100M | not disclosed | Perceptive Advisors and Northpond Ventures |
| Impossible Foods Food Production | 13 Aug 2020 | $200M | $3.60B | Coatue |
| Tech Companies | 2 Oct 2019 | $72M | $332M | Arrowroot Capital |
| Stripe Payment Processing & Point of Sale | 19 Sep 2019 | $250M | $35.25B | General Catalyst and Andreessen Horowitz |
| AppDirect Tech Companies | 16 Sep 2020 | $185M | $1.50B | La Caisse |
Questions
Frequently asked
How much did Yuanfudao raise in its Series G round?
Yuanfudao raised $1.00B in its Series G round, announced in Mar 2020.
Who led Yuanfudao's Series G round?
Hillhouse and Tencent led it, with Boyu Capital and IDG Capital.
What was Yuanfudao's valuation at the Series G round?
$7.80B post-money ($6.80B pre-money).