# NetDragon Education funding: rounds and investors

> NetDragon Education has raised $203M across 2 rounds since 2015. Investors include Vertex Ventures China, IDG Capital and IDG Ventures.

Source: https://millionrounds.com/company/netdragon-education (Millionrounds; every figure on the page links to its filing or article)

China · [Growth startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$203M** raised across 2 rounds since 2015, from 2 sources

**$53M** Series A **$150M** Growth

- **Latest round:** Growth, $150M Nov 2019
- **Step-up i:** 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.

2015 2016 2017 2018 2019

**$53M** Series A

**$150M** Growth

- **First round:** Series A, $53M
- **Biggest round:** $150M
- **Between rounds:** 4.8 years

## The rounds

- **Nov 2019** Growth **$150M** *3 new* *1 returning* [IDG Capital](https://millionrounds.com/fund/idg-capital) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Ascend](https://millionrounds.com/fund/ascend) Source recorded
- **Jan 2015** Series A **$53M** *2 new* [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) 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.

**Series A** 2015 **Growth** 2019 [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [IDG Capital](https://millionrounds.com/fund/idg-capital) [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Ascend](https://millionrounds.com/fund/ascend)

## Everyone who backed them

[Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) VC firm **2** rounds

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

[IDG Ventures](https://millionrounds.com/fund/idg-ventures) VC firm **1** round

[Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) VC firm **1** round

[Ascend](https://millionrounds.com/fund/ascend) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=netdragon-education).

## 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.

## Companies like NetDragon Education

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

[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Coding Giants** $16M · Oct 2026](https://millionrounds.com/company/coding-giants)[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**sAInaptic** $3.6M · Oct 2026](https://millionrounds.com/company/sainaptic)[**LearnUpon** $51M · Oct 2026](https://millionrounds.com/company/learnupon)

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