How much funding has Zhangmen raised?

Zhangmen has raised $520.2M in total funding, most recently a Series F round.

Who are Zhangmen's investors?

Zhangmen's investors include Genesis Capital, SoftBank, Warburg Pincus, International Finance Corporation, Canada Pension Plan Investment Board.

Where is Zhangmen headquartered?

Zhangmen is headquartered in Shanghai, China.

What industry is Zhangmen in?

Zhangmen operates in E-Commerce.

Zhangmen

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Shanghai, China · Founded 2014 · $520.2M raised

E-Commerce

Headquarters: Shanghai
Founded: 2014
Business Model: B2C
Website: zhangmen.com

Total Funding: $520.2M
Last Round: $400.0M Series FSep 2020
Rounds: 4

About

Zhangmen (掌门) is a Chinese K-12 online education company headquartered in Shanghai that provides personalized one-on-one tutoring for primary and middle school students. Founded in 2014, the platform connects students with elite teachers from top Chinese universities to deliver live, interactive academic coaching sessions via its mobile app and web platform. Zhangmen became one of China's leading online tutoring brands before China's 2021 private tutoring regulations reshaped the sector; the company subsequently rebranded its consumer offerings and launched Zhangmen Youke as an upgraded product. With revenues of approximately $660 million for the 12 months ending March 2021, it demonstrated significant scale in the competitive edtech market.

Summary

Zhangmen is an E-Commerce company based in Shanghai, China, founded in 2014. It has raised $520.2M in total across 4 rounds, most recently a $400.0M Series F round in Sep 2020. Investors include Genesis Capital, SoftBank and Warburg Pincus.