VIPKid, founded in 2013 by Cindy Mi, raised $975M through Series D and E rounds led by Tencent, Coatue, and Sequoia China. The San Francisco–based EdTech company offers one-to-one English tutoring for children worldwide using U.S.-aligned curricula. Funding supported teacher recruitment, curriculum development, platform scalability, content localization, and parent-teacher marketplaces. VIPKid provides live lessons, progress tracking, and assessment tools, enabling high-quality remote instruction at scale and rapid international growth.