Zuoyebang
Funding History
| Series A · 09/2015 | $25M |
|---|---|
| Series B · 09/2016 | $60M |
| Series C · 09/2017 | $150M |
| Series D · 07/2018 | $350M |
| Series E · 06/2020 | $750M |
| Series E+ · 12/2020 | $1.6B |
About
Zuoyebang (作业帮, literally "Homework Help") is a Beijing-based Chinese education technology company that began in January 2014 as a question-and-answer feature inside Baidu Zhidao before spinning out as an independent company in 2015 under founder Hou Jianbin.
- Founded
- 2014 (spun out as an independent company in 2015)
- Headquarters
- Beijing, China
- CEO
- Hou Jianbin
Overview
Zuoyebang (作业帮, literally "Homework Help") is a Beijing-based Chinese education technology company that began in January 2014 as a question-and-answer feature inside Baidu Zhidao before spinning out as an independent company in 2015 under founder Hou Jianbin.
Its original flagship product let students photograph a homework problem and use computer vision, OCR, and NLP to search a large database of solved problems, later expanding into live-streaming K-12 tutoring, one-on-one sessions, and smart learning hardware.
China's July 2021 "double reduction" policy banned for-profit tutoring in core school subjects, forcing Zuoyebang to shut down most of its K-12 academic tutoring business; the company has since pivoted toward adult and vocational education, quality-education (non-subject) courses such as youth programming and AI curricula, and smart hardware.
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