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- DaDa
DaDa Funding, Investors & Competitors
DaDa has raised $864M across 5 funding rounds, most recently a $255M Series D in January 2019.
Last DaDa funding round
$255M
Series D · Jan 2019
Cumulative funding DaDa raised
$864M
across 5 funding rounds
Key investors in DaDa
Yonghua Capital
Qingsong Fund
TAL Education
Tiger Global
Warburg Pincus
Loyal VC
Pegasus Group
Dragonrise Capital
About DaDa
DaDa is an online English learning platform providing one-on-one tutoring for children aged 5 to 16. Shanghai-based and founded in 2013, it serves students from China, Hong Kong, Taiwan, South Korea, Japan, France, and Germany. Awards include Sina's Five-Star Golden Foreign Teacher and Tencent's Most Credible Children's English Brand.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Sectors
DaDa Funding History
DaDa has raised a total of $864M across 5 funding rounds.
DaDa's first fundraising round was a $800K angel round in September 2014. The most recent completed round was a $255M Series D in January 2019.
DaDa funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2019 | Series D | Warburg Pincus (lead); Loyal VC; TAL Education; Yonghua Capital | $255M | DaDa is a China-based K-12 online English language tutoring service. Warburg Pincus led a US$255-million Series D investment round announced around January 16, 2019, with participation from existing investors TAL Education Company and Yonghua Capital. |
| Jan 2018 | Series C | TAL Education (lead); Tiger Global (lead) | $100M | Dada (formerly DadaABC) is a China-based online education platform founded in 2013 that teaches English to children aged four to 16 using native English speakers. The company has partnered with the American TESOL Institute and tailors courses to existing curricula. In January 2018, Dada raised $100 million in a Series C funding round led by Tiger Global and joined by TAL Education, a major Chinese education company that had identified the platform as a strategic investment opportunity. |
| Apr 2016 | Series B | Yonghua Capital (lead) | $500M | DaDa, an online tutoring platform originally founded in 2013 as DadaABC, provides English language courses to children aged 4-16 using native speakers and partners with the American Tesol Institute. It raised $255 million in a Series D round led by Warburg Pincus, with participation from TAL Education (returning investor) and Yonghua Capital, as reported by DealStreetAsia citing Chinese media Jiemian. Yonghua Capital is listed among top VC funds in China with investments in over 140 companies, including DaDa English (likely referring to DaDa), as well as 1 to 1 head, squirrel AI, and others, noting strong returns on educational projects. |
| Aug 2015 | Series A | Dragonrise Capital (lead); Pegasus Group; Qingsong Fund | $8M | DaDa (formerly DaDaABC) is a China-based online English education platform founded in 2013 that provides one-on-one tutoring for children aged 4 to 16 using native English speakers. The company has partnerships with institutions like the American TESOL Institute and focuses on interactive learning methods. Dragonrise Capital led DaDa's Series A round in 2015, with co-investors including Qingsong Fund and Feima Fund; the specific valuation and amount raised in this round were not publicly disclosed. DaDa went on to raise significantly larger rounds in subsequent years, including $100 million in Series C funding from Tiger Global Fund and TAL Education Group, and a $255 million Series D led by Warburg Pincus with participation from TAL Education, signaling strong investor confidence in the online education sector in China. |
| Sep 2014 | Angel | Qingsong Fund (lead) | $800K | - |
Who has invested in DaDa?
8 investors have backed DaDa across its funding rounds, including Yonghua Capital, Qingsong Fund, TAL Education, Tiger Global, Warburg Pincus and Loyal VC.
Lead investors include Warburg Pincus, TAL Education, Tiger Global, Yonghua Capital, Dragonrise Capital and 1 other investor.
DaDa Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Sep 2014 | ||
| 2 | Lead | Jan 2018 | ||
| 2 | Lead | Apr 2016 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Lead | Aug 2015 | ||
This data is available for Pro users. Sign up to see all 8 DaDa investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by DaDa
DaDa has invested in 1 company to date.
Latest investment by DaDa was on April 24th 2015. DaDa invested in 4w MarketPlace in their $2M Strategic investment round.
Latest Investments by DaDa
| Description | 4w MarketPlace is a Milan-based digital advertising network dominating the Italian market with access to 12,000 publishers and 500 premium sites reaching 70 percent of the online audience. The platform delivers over 7 billion monthly impressions through native, video, and display formats optimized for desktop, tablet, and mobile. Operating since 2009, it exclusively manages ad spaces for Premium Publisher Network, a consortium of RCS MediaGroup and La Repubblica-L'Espresso. 4w MarketPlace employs proprietary ad tech for programmatic buying and real-time bidding. |
| HQ Country | |
| HQ City | - |
| Deal Date | 24 Apr 2015 |
| Round | Strategic investment |
| Raised | $2M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all DaDa investments and their VC round multiples. Start Free Trial | |
DaDa Competitors
DaDa competitors include listed companies like Pearson, New Oriental Education, Duolingo and TAL Education, and private ones like Yuanfudao and Guild.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1.4B | - | $17B | 11.7x | ||
| Publicly listed | $4.8B | $1.4B | $9.6B | 2.3x | ||
| Publicly listed | $4.9B | $563M | $8.9B | 0.8x | ||
| Publicly listed | $1B | $152M | $6.9B | 4.9x | ||
| Publicly listed | $3B | $700M | $6.5B | 1.2x | ||
| Private | - | - | $4.4B | - |
DaDa Public Comps
DaDa is still privately-owned, but its public comps include Pearson, New Oriental Education, Duolingo, TAL Education, Laureate Education, Graham Holdings, Covista, Grand Canyon Education, Fibra Educa and Stride.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.8B | $1.4B | 2.4x | 2.3x | 8.1x | 10.4x | |||
| $4.9B | $563M | 1.0x | 0.8x | 8.8x | 5.6x | |||
| $1B | $152M | 5.4x | 4.9x | 37.3x | 17.9x | |||
| $3B | $700M | 1.3x | 1.2x | 5.7x | 6.9x | |||
| $1.7B | $515M | 3.2x | 3.0x | 10.7x | 9.6x | |||
| $4.9B | $682M | 1.0x | 1.0x | 7.3x | - | |||
| $2B | $462M | 2.5x | 2.4x | 10.4x | 9.1x | |||
| $1.1B | $306M | 3.4x | 3.3x | 12.4x | 10.0x | |||
This data is available for Pro users. Sign up to see all DaDa competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DaDa
| When was DaDa founded? | DaDa was founded in 2013. |
| Where is DaDa headquartered? | DaDa is headquartered in Shanghai, China. |
| Is DaDa publicly listed? | No, DaDa is a private, VC-backed company. |
| How much funding has DaDa raised? | DaDa has raised $864M across 5 funding rounds. |
| What was DaDa's last funding round? | DaDa's last funding round was a $255M Series D in January 2019, led by Warburg Pincus. |
| Who are DaDa's investors? | DaDa's investors include Qingsong Fund, TAL Education, Yonghua Capital, Loyal VC, Pegasus Group, Dragonrise Capital, Warburg Pincus and Tiger Global. |
| Which companies are comparable to DaDa? | Companies comparable to DaDa include Yuanfudao, Pearson, New Oriental Education, Duolingo, TAL Education and Guild. |
| How many companies has DaDa invested in? | DaDa has invested in 1 company, including 4w MarketPlace. |
| What was DaDa's last investment? | In April 2015, DaDa invested in 4w MarketPlace's $2M strategic investment round. |
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