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iTutorGroup - About the company

iTutorGroup is an acquired company based in Shanghai (China), founded in 2008 by Eric Yang. It operates as an Online education platform providing interactive language training and on-demand learning from experts. iTutorGroup has raised $315M in funding from investors like Goldman Sachs, GIC and Qiming Venture Partners. The company has 551 active competitors, including 41 funded and 15 that have exited. Its top competitors include companies like Tandem, Busuu and Verbling.

Sectors and market segments that iTutorGroup operate in

iTutorGroup serves in the EdTech market segments.The primary business model of iTutorGroup is:

Company Details

Online education platform providing interactive language training and on-demand learning from experts. Includes vipabc, TutorABC, and tutorJr for English-language learning, TutorMing for Mandarin Chinese language learning platforms. Uses big data analysis and advanced algorithmic to match students, teachers, and digital content.
Social
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Email ID
*****@itutorgroup.com
Key Metrics
Founded Year
2008
Location
Shanghai, China
Stage
Acquired
Total Funding
$315M in 4 rounds
Latest Funding Round
Ranked
Employee Count
904 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Ping An (Jul 12, 2019)

iTutorGroup's acquisition details

iTutorGroup got acquired by Ping An on Jul 12, 2019 at an acquisition amount of $1.6B.
Click here to take a look at iTutorGroup's acquisition in detail
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iTutorGroup's funding and investors

iTutorGroup has raised a total funding of $315M over 4 rounds. Its first funding round was on Apr 25, 2012. Its latest funding round was a Series C round on Nov 18, 2015 for $200M. 5 investors participated in its latest round. iTutorGroup has 13 institutional investors.

Here is the list of recent funding rounds of iTutorGroup:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 18, 2015
$200M
Series C
-
-
Mar 10, 2014
Undisclosed
Series B
-
-
-
-
Feb 17, 2014
$100M
Series B
-
-
-
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iTutorGroup's founders and board of directors

Founder? Claim Profile
The founders of iTutorGroup is Eric Yang.
Here are the details of iTutorGroup's key team members:

iTutorGroup's employee count trend

iTutorGroup has 904 employees as of Mar 26. Here is iTutorGroup's employee count trend over the years:
Employee count trend for iTutorGroup
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iTutorGroup's Competitors and alternates

Top competitors of iTutorGroup include Tandem, Busuu and Verbling. Here is the list of Top 10 competitors of iTutorGroup, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tandem
Tandem
2015, Berlin (Germany), Series A
App-based language learning platform
$8.66M
74/100
2nd
Logo for Busuu
Busuu
2008, London (United Kingdom), Acquired
Mobile-based platform providing social networking solutions for learning languages
$11.2M
62/100
3rd
Logo for Verbling
Verbling
2011, Walnut (United States), Acquired
Offering solutions for live video language learning
$7.26M
61/100
4th
Logo for Speexx
Speexx
2011, Germany, Series B
Provider of online language, intercultural, business coaching, and mentoring programs
$10.9M
60/100
5th
Logo for Lingoda
Lingoda
2012, Berlin (Germany), Series C
Online tutoring for learning foreign languages
$83M
60/100
6th
Logo for Learnship
Learnship
2008, Cologne (Germany), Acquired
Online corporate language learning solution
-
58/100
7th
Logo for Italki
Italki
2007, Shanghai (China), Series A
One on one language tutoring platform
$3.15M
55/100
8th
Logo for iTutorGroup
iTutorGroup
2008, Shanghai (China), Acquired
Online education platform providing interactive language training and on-demand learning from experts
$315M
55/100
9th
Logo for Lingumi
Lingumi
2015, London (United Kingdom), Acquired
Pre-school English language learning through the interactive device
$7.68M
55/100
10th
Logo for POLYGLOTS
POLYGLOTS
2014, Shibuya (Japan), Series A
Educational apps for English and Japanese language learning
$1.8M
54/100
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iTutorGroup's Investments and acquisitions

iTutorGroup has made no investments or acquisitions yet.

News related to iTutorGroup

lockFilter this list
iTutorGroup to graduate to $300m investmentGlobal Corporate VenturingApr 25, 2018iTutorGroup
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