# Shanbay funding: rounds and investors

> Shanbay has raised $4.3M across 1 round since 2016. Investors include IDG Capital and FreeS Fund. Every round with its source.

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

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Shanbay*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Education

Funding summary Updated 26 Oct 2026

**$4.3M** raised across 1 round since 2016, from 1 source

- **Latest round:** Series B, $4.3M Dec 2016
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2016** Series B **$4.3M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [FreeS Fund](https://millionrounds.com/fund/frees-fund) Source recorded

## Everyone who backed them

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

[FreeS Fund](https://millionrounds.com/fund/frees-fund) VC firm **1** round

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

## Quick answers about Shanbay

### Who invested in Shanbay?

Shanbay's investors include IDG Capital and FreeS Fund.

### How much has Shanbay raised?

Shanbay has raised $4.3M across 1 round since 2016.

### When did Shanbay last raise?

Shanbay's most recent round was a Series B of $4.3M in Dec 2016.

### What was Shanbay's biggest round?

Its most recent round, $4.3M in Dec 2016, is also its largest on record.

### Who backed Shanbay first?

Shanbay's first round on record, in Dec 2016, was backed by IDG Capital and FreeS Fund.

### What stage is Shanbay at?

Shanbay's latest named round is a Series B, in Dec 2016.

## Companies like Shanbay

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

[**EduFund** $6.0M · Jul 2025](https://millionrounds.com/company/edufund)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**ArtMaster** $3.3M · Oct 2026](https://millionrounds.com/company/artmaster)[**Sharp Performance** $30M · Oct 2026](https://millionrounds.com/company/sharp-performance)[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**Clasp** $28M · Oct 2026](https://millionrounds.com/company/clasp)

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