Developer of an online educational platform designed to provide online tutoring services for Chinese students.
Yuanfudao was China's most valuable edtech company, serving hundreds of millions of K-12 users through online tutoring, its Yuantiku question bank and the Xiaoyuan homework-scanning app. In July 2021 Beijing's "double reduction" policy banned for-profit tutoring of school curriculum subjects, eliminating the business model behind the valuation; global investors subsequently tried to claw capital back from the sector. The company has since pivoted into non-academic training, smart learning devices and unrelated consumer ventures. The $15.5B figure is the October 2020 round mark and has never been re-tested by a later financing.
Educational Software📍 Beijing, ChinaFounded 2012
Current Valuation
$16B
as of 2020-Q4
DECACORN
QL Price
$16B
0% vs last round
QuantLogix's current estimate for Yuanfudao, published 2026-09-27 — in line with the last disclosed round of $16B (2020-Q4).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$16B
2020-Q4
weight 0.02
How this price has held up
No round has priced for Yuanfudao since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Yuanfudao, 2026-09-27 (56a15c8d5b3e5db1).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Yuanfudao going public?
No. Yuanfudao is private and has not filed to go public. There is no S-1 on file.
What is Yuanfudao's valuation in 2026?
Yuanfudao is valued at $16B as of 2020-Q4, set by its Later Stage VC ($300M, Dec 2020). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Yuanfudao filed an S-1?
No public S-1 is on file for Yuanfudao.
Who are Yuanfudao's investors?
Yuanfudao's investors include Tencent, DST Global, Hillhouse Capital, IDG Capital, Temasek, Matrix Partners China and 2 more.
How much has Yuanfudao raised?
Yuanfudao has raised $4.0B in total, most recently a Later Stage VC of $300M in Dec 2020.
Is Yuanfudao publicly traded — can you buy Yuanfudao stock?
No. Yuanfudao is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Yuanfudao on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Li Yong
Founded
2012
HQ
Beijing, China
Employees
30,000
Total Raised
$4.0B
Growth
Raised $2.2B at $15.5B in October 2020 — then the world's most valuable edtech company, with ~$4.04B raised in total — before the July 2021 Chinese tutoring crackdown erased the market it served. No subsequent round has repriced the company.
Last Round
Later Stage VC — $300M (Dec 2020)
IPO Status
private
Fundraising Status
Later Stage VC · $300M · 5y 9mo ago
privateTotal raised $4.0B
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Later Stage VC
$300M
Dec 2020
—
$16B
Talent Signal
No public careers page or job board could be found for Yuanfudao as of 2026-09-15. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Investors
Tencent · DST Global · Hillhouse Capital · IDG Capital · Temasek · Matrix Partners China · GIC · Tiger Global
Products
K-12 online tutoring (historical)
Yuantiku question bank
Xiaoyuan Souti (homework-scanning app)
Non-academic training, smart learning devices and consumer ventures (post-2021 pivot)
Competitors
Zuoyebang · TAL Education · New Oriental · Gaotu Techedu
E-LearningEdTechTutoring
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2020-Q4. Refreshed quarterly.