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Vipkid Raises $500m In Series D+ Financing, Led By Coatue Management, Tencent, Sequoia Capital And Yunfeng Capital

by vcaonline.com posted 1month ago 140 views
VIPKID Raises $500 Million in Series D+ Financing, Led by Coatue Management, Tencent, Sequoia Capital and Yunfeng Capital SAN MATEO, Calif., June 21, 2018-- VIPKID, one of the world’s largest education technology companies, announced today that it has raised $500 million in its series D+ financing, the largest round of funding ever raised in the sector globally. This trailblazing financing round was led by investment management firms Coatue Management, Tencent, Sequoia Capital and Yunfeng Capital. Founded in 2013 and formally launched in 2014 after a year of piloting and development, VIPKID has grown into one of the leading global education companies.

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