StepFun
PrivateLast Round
Growth Equity
May 8, 2026
Est. Valuation
$6.5B
Total Funding Raised
$4.42B
Company Overview
StepFun is a an artificial intelligence company that develops large-scale language and multimodal models.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, ML Platforms, Computer Vision, Workflow Automation, Autonomous Vehicles
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS, Freemium
AI Layer
Foundation
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
StepFun Comps
Public and private peers based on sector, stage, and business model.
StepFun Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | May 8, 2026 | ||||
| Series B Extension | Jan 26, 2026 | ||||
| Series B | Dec 23, 2024 | ||||
| Series A | Feb 19, 2024 | ||||
| Angel | Jun 1, 2023 |
StepFun Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Hong Kong Investment Corporation | Growth Equity |
| Longcheer Technology | Growth Equity |
| ZhenFund | Angel |
| Shanghai State-owned Capital Investment | Series B |
| HongShan | Angel |
| 5Y Capital | Series B Extension, Series B |
| Capital Today | Angel |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 15, 2026
Web traffic grew 180% MoM (from 156.1K to 437.3K monthly visitors)
- Jul 20, 2025
Headcount grew 56% QoQ (from 25 to 39 employees)
StepFun Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Appears On
Curated lists and screens where this company is featured.
Frequently Asked Questions
Common questions about StepFun's valuation, stock price, and market status.
