StepFun
Smart and reliable personal assistant
Shanghai, China · Founded 2023 · $1.0B raised
- Headquarters
- Shanghai
- Employees
- 201–500
- Founded
- 2023
- Business Model
- B2B
- Website
- stepfun.com
- Total Funding
- $1.0B
- Last Round
- $717.0M Extension RoundJan 2026
- Rounds
- 2
About
StepFun (Shanghai Jieyue Xingchen Intelligent Technology Co., Ltd) is a Chinese artificial intelligence company building large-scale multimodal foundation models for enterprise and consumer applications. Founded in 2023 and headquartered in Shanghai, StepFun has rapidly emerged as one of China's leading AI startups. The company's Step series of models handle text, image, video, and speech modalities, including Step-3o, Step-R1, and Step-Video.
Summary
StepFun is an Artificial Intelligence company based in Shanghai, China, founded in 2023. It has raised $1.0B in total across 2 rounds, most recently a $717.0M Extension Round round in Jan 2026. Investors include China Life Private Equity, Tencent and Qiming VP.
Tech & App Stack
7 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
Jan 2026
Sign up to see all 2 rounds
Series B through Extension Round — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Anthropic is an AI research company that builds reliable, interpretable, and steerable AI systems.
xAI is an AI platform for accelerating human scientific discovery.
Waymo is an autonomous driving technology company with a mission to make it safe and easy for peo...
Databricks is the pioneer of the data lakehouse, a unified platform for data science, machine lea...
AI company focused on applying artificial intelligence to physical tasks, launched with $6.2B ini...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/stepfun"><img src="https://indexed.vc/api/badge/company/stepfun" alt="StepFun on Indexed.vc" width="260" height="76" /></a>