![]() VIPKid VIPKid is an online education company, offering an American elementary education experience to Chinese students. | |||
Founding Date | Founding Date 2008 | Founding Date 2011 | Founding Date 2013 |
Type | Type Subsidiary | Type Public | Type Private |
Tags | |||
Locations | Locations London, GB HQ Madrid, ES | Locations Pittsburgh, US HQ Beijing, CN Berlin, DE New York, US Seattle, US | Locations Beijing, CN HQ Dongcheng, CN Gouda, NL San Francisco, US |
Employees | Employees 1207% increase | Employees 72020% increase | Employees 9,4821% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 9.1 b | Valuation ($) 3 b |
Financial | |||
Revenue (est.) | Revenue (est.) £24.8m (FY, 2022) | Revenue (est.) $1b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods £5.8m (FY, 2022) | Cost of goods $288.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit £18.9m (FY, 2022) | Gross profit $749.5m (FY, 2025) | Gross profit N/A |
Net income | Net income (£20.9m) (FY, 2022) | Net income $414.1m (FY, 2025) | Net income N/A |
Funding | |||
Total funding raised | Total funding raised $ 16.1m | Total funding raised $ 183.3m | Total funding raised $ 975m |
Duolingo is an educational technology company that develops mobile learning apps.
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VIPKid is an online education company, offering an American elementary education experience to Chinese students.
View company