China · Series C startup

Who invested in Codemao

3 rounds we have observed, with the 9 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.

Edtech

Valuation: $500M, Oct 2024

Funding summaryUpdated 26 Oct 2026

$122Mraised across 3 rounds since 2017, from 3 sources

$18MRound$47MSeries C$57MSeries C
Latest round
Series C, $57MNov 2019
Step-upi
1.2×
Investors
9
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.

20182019
$18MRound$47MSeries C$57MSeries C
First round
Round, $18M
Nov 2017
Biggest round
$57M
Series C · Nov 2019
Usual gap between rounds
17 months
the median of 2

The rounds

  1. Nov 2019
    Series C$57M3 new

    Reported by China Money Network

  2. May 2018
    Series C$47M3 new

    Reported by China Money Network

  3. Nov 2017
    Round$18M3 new
    • Cheetah
    • Hillhouse Capital/ Crystal Stream
    • Qinghan

    Reported by China Money Network

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.

Round2017Series C2018Series C2019Saif PartnersGreen Pine CapitalEBZY CapitalBeijing NewsCheetahCMB/ ShanshuiHillhouseHillhouse Capital/ Crystal StreamQinghan

Everyone who backed them

Saif PartnersPrivate equity1round
Green Pine CapitalVC firm1round
EBZY CapitalCorporate VC1round
Beijing Newsno record of our own yet1round
Cheetahno record of our own yet1round
CMB/ Shanshuino record of our own yet1round
Hillhouseno record of our own yet1round
Hillhouse Capital/ Crystal Streamno record of our own yet1round
Qinghanno record of our own yet1round

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

Quick answers about Codemao

Who invested in Codemao?

Codemao's investors include Saif Partners, Green Pine Capital, EBZY Capital, Beijing News and Cheetah, and 4 more on record.

How much has Codemao raised?

Codemao has raised $122M across 3 rounds since 2017.

When did Codemao last raise?

Codemao's most recent round was a Series C of $57M in Nov 2019.

What was Codemao's biggest round?

Its most recent round, $57M in Nov 2019, is also its largest on record.

Who backed Codemao first?

Codemao's first round on record, in Nov 2017, was backed by Cheetah, Hillhouse Capital/ Crystal Stream and Qinghan.

What stage is Codemao at?

Codemao's latest named round is a Series C, in Nov 2019.

Where is Codemao based?

Codemao is based in China.

Companies like Codemao

In the same sector, and raised in the last eighteen months.

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