China · Series E startup

Who invested in Baifendian

4 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIEducation

Funding summaryUpdated 26 Oct 2026

$114Mraised across 4 rounds since 2011, from 4 sources

$7.2MSeries A$10MSeries B$25MSeries C$72MSeries E
Latest round
Series E, $72MNov 2018
Step-upi
2.9×
Investors
4
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20112012201320142015201620172018
$7.2MSeries A$10MSeries B$25MSeries C$72MSeries E
First round
Series A, $7.2M
Jul 2011
Biggest round
$72M
Series E · Nov 2018
Usual gap between rounds
2.1 years
the median of 3

The rounds

  1. Nov 2018
    Series E$72M1 new
    • Chinese State Fund

    Reported by China Money Network

  2. Jul 2014
    Series C$25M

    No investor was named in the report.

    From a historical funding record

  3. Jul 2013
    Series B$10M1 new1 returning

    Reported by technode.com

  4. Jul 2011

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2011Series B2013Series C2014Series E2018IDG CapitalMingxin China Growth FundChinese State FundEast Sky Investment

Everyone who backed them

IDG CapitalPrivate equity2rounds
Chinese State Fundno record of our own yet1round
East Sky Investmentno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Baifendian

Who invested in Baifendian?

Baifendian's investors include IDG Capital, Mingxin China Growth Fund, Chinese State Fund and East Sky Investment.

How much has Baifendian raised?

Baifendian has raised $114M across 4 rounds since 2011.

When did Baifendian last raise?

Baifendian's most recent round was a Series E of $72M in Nov 2018.

What was Baifendian's biggest round?

Its most recent round, $72M in Nov 2018, is also its largest on record.

Who backed Baifendian first?

Baifendian's first round on record, in Jul 2011, was backed by IDG Capital and Mingxin China Growth Fund.

What stage is Baifendian at?

Baifendian's latest named round is a Series E, in Nov 2018.

Where is Baifendian based?

Baifendian is based in China.

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