How much funding has LAIX raised?

LAIX has raised $128.9M in total funding, most recently a Series C round.

Who are LAIX's investors?

LAIX's investors include IDG Capital, Hearst Ventures, TrustBridge Partners, GGV Capital, China Media Capital, Cherubic Ventures.

Where is LAIX headquartered?

LAIX is headquartered in Shanghai, China.

What industry is LAIX in?

LAIX operates in Artificial Intelligence, SaaS.

LAIX

IPO

Your personal AI English teacher

Shanghai, China · Founded 2012 · $128.9M raised

Artificial Intelligence

SaaS

Headquarters: Shanghai
Employees: 1001–5000
Founded: 2012
Business Model: B2C

Website: laix.com
Total Funding: $128.9M
Last Round: $100.0M Series CJul 2017
Rounds: 2

About

LAIX Inc. is an artificial intelligence company based in Shanghai, China, that creates and delivers products and services to popularize English learning among Chinese speakers. Its flagship mobile app, English Liulishuo, was launched in 2013 and leverages a proprietary AI English teacher powered by deep learning and adaptive learning technologies — including a speech recognition and scoring engine, multi-dimension speech evaluation, and a real-time personalized feedback system — to deliver customized pronunciation correction, grammar coaching, and vocabulary building. Founded in September 2012 by Yi Wang, Hui Lin, and Ben Hu, LAIX grew to over 80 million registered users by 2018 and went public on the New York Stock Exchange that same year under the ticker symbol LAIX.

Summary

LAIX is an Artificial Intelligence company based in Shanghai, China, founded in 2012. It has raised $128.9M in total across 2 rounds, most recently a $100.0M Series C round in Jul 2017. Investors include IDG Capital, Hearst Ventures and TrustBridge Partners.