Funding round
Zuoyebang Series A
Zuoyebang, which works in online education services in Guangzhou, raised $25M in a Series A round announced on 1 Jun 2015, led by HSG and Legend Capital. 2 firms took part. It is Zuoyebang's first venture round on record.
$25M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Zuoyebang did not disclose a valuation in this round. It is Zuoyebang's first venture round on record, in the year it was founded (2015). It is 1.4% of the $1.83B Zuoyebang has raised in the venture rounds on record. Zuoyebang raised again 15 months later: a Series B round of $60M in Sep 2016.
Zuoyebang's funding rounds
Zuoyebang has 6 venture rounds on record. This one is highlighted.
- Series A this round 1 Jun 2015, led by HSG and Legend Capital $25M
- Series B 28 Sep 2016, led by GGV Capital and Xiang He Capital $60M
- Series C 14 Aug 2017, led by HCapital $150M
- Series D 18 Jul 2018, led by Coatue $350M
- Bridge 2 Oct 2018 $500M
- Series E 29 Jun 2020, led by FountainVest and Tiger Global $750M
Investors
Who put money in
HSG and Legend Capital led the round.
Lead investors
- HSG backs 118 venture-backed companies new investor
- Legend Capital new investor
Comparable rounds
How it compares
8 Series A rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $3.9M, and this round was 6.5 times the median. The closest in time, other companies' Series A rounds in Learning, Tutoring & Courses:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Learning, Tutoring & Courses | 27 Apr 2015 | $1.5M | not disclosed | Michael and Susan Dell Foundation |
| Learning, Tutoring & Courses | 3 Aug 2015 | $1.1M | not disclosed | Rock Creek Capital |
| Learning, Tutoring & Courses | 7 Oct 2015 | $3.1M | not disclosed | not named |
| MasterClass Learning, Tutoring & Courses | 1 Jan 2015 | $4.5M | not disclosed | Javelin Venture Partners |
| Learning, Tutoring & Courses | 9 Dec 2015 | undisclosed | not disclosed | Ventura Capital |
| Learning, Tutoring & Courses | 11 Nov 2014 | $15M | not disclosed | GSV Capital Corp. and IDG Capital |
| Learning, Tutoring & Courses | 15 Oct 2014 | $9.0M | not disclosed | General Catalyst |
| Learning, Tutoring & Courses | 11 May 2016 | $3.7M | not disclosed | Syven |
Questions
Frequently asked
How much did Zuoyebang raise in its Series A round?
Zuoyebang raised $25M in its Series A round, announced in Jun 2015.
Who led Zuoyebang's Series A round?
HSG and Legend Capital led it.
What was Zuoyebang's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Learning, Tutoring & Courses?
8 Series A rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $3.9M, and this round was 6.5 times the median.
Did Zuoyebang raise again after this round?
Yes: a Series B round in Sep 2016 of $60M.