China · Growth startup

Who invested in NetDragon Education

2 rounds we have observed, with the 5 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

Funding summaryUpdated 26 Oct 2026

$203Mraised across 2 rounds since 2015, from 2 sources

$53MSeries A$150MGrowth
Latest round
Growth, $150MNov 2019
Step-upi
2.9×
Investors
5
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.

20152016201720182019
$53MSeries A$150MGrowth
First round
Series A, $53M
Jan 2015
Biggest round
$150M
Growth · Nov 2019
Between rounds
4.8 years
from the last two

The rounds

  1. Nov 2019
    Growth$150M3 new1 returning

    Source recorded

  2. Jan 2015
    Series A$53M2 new

    From a historical funding record

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.

Everyone who backed them

Vertex Ventures ChinaVC firm2rounds
IDG CapitalPrivate equity1round
IDG VenturesVC firm1round
Vertex VenturesVC firm1round
AscendVC firm1round

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

Quick answers about NetDragon Education

Who invested in NetDragon Education?

NetDragon Education's investors include Vertex Ventures China, IDG Capital, IDG Ventures, Vertex Ventures and Ascend.

How much has NetDragon Education raised?

NetDragon Education has raised $203M across 2 rounds since 2015.

When did NetDragon Education last raise?

NetDragon Education's most recent round was a Growth of $150M in Nov 2019.

What was NetDragon Education's biggest round?

Its most recent round, $150M in Nov 2019, is also its largest on record.

Who backed NetDragon Education first?

NetDragon Education's first round on record, in Jan 2015, was backed by IDG Ventures and Vertex Ventures China.

What stage is NetDragon Education at?

NetDragon Education's latest named round is a Growth, in Nov 2019.

Where is NetDragon Education based?

NetDragon Education is based in China.

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