Xueba100.com Valuation, Funding & Investors

Xueba100.com is valued at $1B as of January 2017.

Last Xueba100.com valuation

$1B

Series C · Jan 2017

Last Xueba100.com funding round

$23M

Undisclosed stage · Mar 2020

Cumulative funding Xueba100.com raised

$200M

across 5 funding rounds

Key investors in Xueba100.com

  • Qiming Venture Partners
  • Vertex Ventures
  • Vertex Ventures China
  • Trustbridge Partners
  • China Merchants Venture Capital
  • Grand Flight Investment

Xueba100.com Overview

About Xueba100.com

Xueba100.com is a Beijing-based edtech platform offering AI-powered homework assistance for junior and senior high school students, using STR technology for image recognition to solve math, physics, and language problems via photo uploads.


Founded

2013

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

Valuation

$1B (Jan 2017)

Xueba100.com Valuation

Xueba100.com is currently valued at $1B, based on its Series C in January 2017.

The $100M round was led by China Merchants Venture Capital and Grand Flight Investment, with participation from Trustbridge Partners, Vertex Ventures, Qiming Venture Partners, Anhui Xinhua Media, Yada Education and 1 other investor.

Xueba100.com's valuation has grown 59x from $17M at its Series A in March 2014 to $1B in January 2017, across 2 priced rounds.

Xueba100.com valuation by funding round

Xueba100.com valuation by funding round
DateStageValuation
Jan 2017Series C$1B
Mar 2014Series A$17M

Xueba100.com Funding History

Xueba100.com has raised a total of $200M across 5 funding rounds.

Xueba100.com's first fundraising round was a $5M Series A in March 2014. The most recent completed round was a $23M undisclosed-stage round in March 2020.

Xueba100.com funding rounds

Xueba100.com funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2020Undisclosed stageQiming Venture Partners$23M-Xuebajun (also referred to as Xueba100.com or Xuebajun) is a leading intelligent education company in China serving primary and secondary students, with Xueba100 as its one-on-one tutoring brand. The platform has over 5 million registered users and an 87% renewal rate. In 2018, Xueba100 achieved single-month turnover exceeding 100 million RMB and annual revenue over 1 billion RMB. Earlier funding includes a Series C round in January 2017 raising 100 million USD from investors such as Temasek, China Merchants Capital, and Qiming Venture Partners. Other investors include Vertex Ventures China, Trustbridge Partners, and Easy Capital Partners. Xueba100 partnered with PINTEC in 2019 for installment financing to support online education consumer financing. The company operates in the competitive Chinese edtech space focused on personalized tutoring and homework help.
May 2018Series DQiming Venture Partners (lead)$23M--
Jan 2017Series CChina Merchants Venture Capital (lead); Grand Flight Investment (lead); Trustbridge Partners; Vertex Ventures; Qiming Venture Partners; Anhui Xinhua Media; Yada Education; Vertex Ventures China$100M$1BXueba100.com is referenced in ed-tech funding lists as a tutoring or homework assistance platform that raised $100 million in 2017, appearing alongside other Chinese education startups like Yuanfandao and Liulishuo. Sources describe it within the context of massive venture capital inflows into China's online K12 tutoring sector, with total ed-tech investments reaching $3.48 billion across 198 deals that year. Related entity Xuebajun, a Shanghai-based online education app founded in 2013, secured a US$100 million Series C co-led by China Merchants Capital and EasyCapital (possibly linked to Grand Flight), providing free mobile Q&A services where students upload homework photos for answers within three minutes. Xuebajun had prior funding of $5 million from Vertex Ventures in 2014 and $50 million Series B from Qiming and Trustbridge Partners in 2015, amassing over 65 million users by 2017. The company emphasized AI robotics for education, planning to deploy an intelligent robot for the 2017 college entrance exam math paper and launching apps like Jun Jun Counseling for 1-on-1 online tutoring.
Feb 2015Series BQiming Venture Partners (lead); Trustbridge Partners; Vertex Ventures; Magic Capital; Vertex Ventures China$50M--
Mar 2014Series AVertex Ventures (lead); China Wisdom; Vertex Ventures China$5M$17M-

Who has invested in Xueba100.com?

10 investors have backed Xueba100.com across its funding rounds, including Qiming Venture Partners, Vertex Ventures, Vertex Ventures China, Trustbridge Partners, China Merchants Venture Capital and Grand Flight Investment.

Lead investors include Qiming Venture Partners, China Merchants Venture Capital, Grand Flight Investment and Vertex Ventures.


Xueba100.com Investors

Investors in Xueba100.com by funding rounds participated
InvestorHQRoundsRoleFirst check
Qiming Venture PartnersChinaShanghai4LeadFeb 2015
Vertex VenturesSingaporeSingapore3LeadMar 2014
Vertex Ventures ChinaChinaBeijing3ParticipantMar 2014
Trustbridge PartnersUnited StatesBoston, MA2ParticipantFeb 2015
Grand Flight InvestmentChinaShanghai1LeadJan 2017
China Merchants Venture CapitalChinaShenzhen1LeadJan 2017
China WisdomChinaFoshan1ParticipantMar 2014
Magic CapitalChinaShanghai1ParticipantFeb 2015

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Xueba100.com Competitors

Xueba100.com competitors include listed companies like Appier Group and Rackspace, and private ones like Character.ai, Speak, AA-I Technologies and Adept AI.

Public and private companies comparable to Xueba100.com
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Character.aiUnited StatesSan Francisco, CAPrivate$30M-$1B33.3x
SpeakUnited StatesSan Francisco, CAPrivate$50M-$1B20.0x
AA-I TechnologiesIsraelIsraelPrivate--$1B-
Adept AIUnited StatesSan Francisco, CAPrivate--$1B-
Appier GroupJapanJapanPublicly listed$281M$44M$1B2.9x
RackspaceUnited StatesUnited StatesPublicly listed$2.7B$244M$997M1.6x

Xueba100.com Public Comps

Xueba100.com is still privately-owned, but its public comps include Appier Group, Rackspace, Rezolve AI, Beijing CTJ Info Tech, American Public Education, Afya, Fractal Analytics, Coursera, Reconova Technologies and PKSHA Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Appier Group$281M$44M3.4x2.9x21.6x15.7x
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)
Beijing CTJ Info Tech$123M$13M5.3x4.9x51.3x34.6x
American Public Education$649M$64M1.1x1.1x11.6x7.8x
Afya$719M$289M2.3x2.2x5.6x5.0x
Fractal Analytics$344M$50M3.7x3.4x25.8x21.0x
Coursera$758M($49M)0.5x0.3x(7.7x)2.7x

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Common questions about Xueba100.com

When was Xueba100.com founded?Xueba100.com was founded in 2013.
Where is Xueba100.com headquartered?Xueba100.com is headquartered in Shanghai, China.
Is Xueba100.com publicly listed?No, Xueba100.com is a private, VC-backed company.
What is Xueba100.com's valuation?Xueba100.com was last valued at $1B in its Series C in January 2017.
How much funding has Xueba100.com raised?Xueba100.com has raised $200M across 5 funding rounds.
What was Xueba100.com's last funding round?Xueba100.com's last funding round was a $23M undisclosed-stage round in March 2020.
Who are Xueba100.com's investors?Xueba100.com's investors include Qiming Venture Partners, Vertex Ventures, Vertex Ventures China, Trustbridge Partners, Grand Flight Investment, China Merchants Venture Capital, China Wisdom, Magic Capital, Anhui Xinhua Media and Yada Education.
Which companies are comparable to Xueba100.com?Companies comparable to Xueba100.com include Character.ai, Speak, AA-I Technologies, Adept AI, Appier Group and Rackspace.

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