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- Xueba100.com
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2017 | Series C | $1B |
| Mar 2014 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2020 | Undisclosed stage | Qiming 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 2018 | Series D | Qiming Venture Partners (lead) | $23M | - | - |
| Jan 2017 | Series C | China Merchants Venture Capital (lead); Grand Flight Investment (lead); Trustbridge Partners; Vertex Ventures; Qiming Venture Partners; Anhui Xinhua Media; Yada Education; Vertex Ventures China | $100M | $1B | Xueba100.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 2015 | Series B | Qiming Venture Partners (lead); Trustbridge Partners; Vertex Ventures; Magic Capital; Vertex Ventures China | $50M | - | - |
| Mar 2014 | Series A | Vertex 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Feb 2015 | ||
| 3 | Lead | Mar 2014 | ||
| 3 | Participant | Mar 2014 | ||
| 2 | Participant | Feb 2015 | ||
| 1 | Lead | Jan 2017 | ||
| 1 | Lead | Jan 2017 | ||
| 1 | Participant | Mar 2014 | ||
| 1 | Participant | Feb 2015 | ||
This data is available for Pro users. Sign up to see all 10 Xueba100.com investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialXueba100.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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $30M | - | $1B | 33.3x | ||
| Private | $50M | - | $1B | 20.0x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $281M | $44M | $1B | 2.9x | ||
| Publicly listed | $2.7B | $244M | $997M | 1.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $649M | $64M | 1.1x | 1.1x | 11.6x | 7.8x | |||
| $719M | $289M | 2.3x | 2.2x | 5.6x | 5.0x | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $758M | ($49M) | 0.5x | 0.3x | (7.7x) | 2.7x | |||
This data is available for Pro users. Sign up to see all Xueba100.com competitors and their valuation data. Start Free Trial | ||||||||
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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