Stepfun Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 400

Employees

  • Latest Deal Type
  • Early Stage VC
  • (Upcoming)

  • Latest Deal Amount
  • $44.1M

  • Investors
  • 22

Stepfun General Information

Description

Developer of artificial intelligence foundation models designed to advance multimodal machine intelligence and enable intelligent interaction across digital and physical environments. The company offers large-scale language and multimodal models, open-source frameworks and terminal integration capabilities, enabling enterprise developers and devices to build intelligent applications and deploy AI capabilities across consumer electronics and industrial use cases.

Contact Information

Website
www.stepfun.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 30th Floor
  • Number 701 Yunjin Road, Xuhui District
  • Shanghai, 200232
  • China
+86 136
Primary Industry
Business/Productivity Software
Vertical(s)
Artificial Intelligence & Machine Learning
Corporate Office
  • 30th Floor
  • Number 701 Yunjin Road, Xuhui District
  • Shanghai, 200232
  • China
+86 136

Stepfun Timeline

202420252026
Date FoundedFinancing RoundCaptured Employee CountEstimated Employee Growth

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Stepfun Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC $44.1M Upcoming Generating Revenue
4. Early Stage VC Upcoming Generating Revenue
3. Early Stage VC 08-May-2026 Completed Generating Revenue
2. Early Stage VC (Series B1) 06-Jan-2026 $567M $570M Completed Generating Revenue
1. Early Stage VC (Series B) 23-Nov-2024 $3M $3M Completed Generating Revenue
To view Stepfun’s complete valuation and funding history, request access »

Stepfun Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Stepfun Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
Creation Venture Partners Venture Capital Minority
Hong Kong investment Sovereign Wealth Fund Minority
Longcheer Corporation Minority
OmniVision Integrated Circuits Group Corporation Minority
ZTE ZhongChuang Investment Growth/Expansion Minority
You’re viewing 5 of 22 investors. Get the full list »

Stepfun Investments (3)

Stepfun’s most recent deal was a Corporate with Chipchip Microelectronics. The deal was made on 04-Sep-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Chipchip Microelectronics 04-Sep-2026 Corporate Application Specific Semiconductors
Atomix (Chongqing) 12-Jun-2026 Later Stage VC Systems and Information Management
Dexmal 05-Jun-2026 Early Stage VC Business/Productivity Software
To view Stepfun’s complete investments history, request access »

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Stepfun FAQs

  • When was Stepfun founded?

    Stepfun was founded in 2023.

  • Where is Stepfun headquartered?

    Stepfun is headquartered in Shanghai, China.

  • What is the size of Stepfun?

    Stepfun has 400 total employees.

  • What industry is Stepfun in?

    Stepfun’s primary industry is Business/Productivity Software.

  • Is Stepfun a private or public company?

    Stepfun is a Private company.

  • What is Stepfun’s current revenue?

    The current revenue for Stepfun is .

  • How much funding has Stepfun raised over time?

    Stepfun has raised $3.07B.

  • Who are Stepfun’s investors?

    Creation Venture Partners, Hong Kong investment, Longcheer, OmniVision Integrated Circuits Group, and ZTE ZhongChuang Investment are 5 of 22 investors who have invested in Stepfun.

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