Yuanfudao, founded in 2012 and headquartered in Beijing, has raised over $4 billion from investors including YF Capital, Tencent, DST Global, Hillhouse Capital, and others. A major strategic funding round led by YF Capital around 2020 helped support the company’s growth toward a $17 billion valuation. Yuanfudao offers online tutoring, AI-supported learning tools, and curriculum content for K-12 education, serving millions of students nationwide. With its broad product portfolio and institutional backing, the company remains a major player in China’s online education space.