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Valuation

$1.2B

2024 Revenue

$250M

Funding

$270M

Team

2.5K

Founded

2015

How Pipa Coding CEO Pengxuan Zeng grew Pipa Coding to $250M revenue with a 2500 person team in 2024.

Walnut Programming focuses on programming education using technological means. It provides Artificial intelligence (AI) experimental platforms for educational purposes, along with educational products, hardware kits, classroom solutions, and digital publishing content. It was founded in 2017 and is based in Beijing, China.

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Pipa Coding Revenue

In 2024, Pipa Coding's revenue reached $250M. Since its launch in 2015, Pipa Coding has shown consistent revenue growth.

Pipa Coding Revenue GrowthReported revenue / ARR by year$0$60M$120M$180M$240M$300M201520172019202120232024$0$250MSource: GetLatka.com
YearMilestone
2024Pipa Coding Hit $250m revenue in December 2024
2015Launched with $0 revenue

Pipa Coding Valuation, Funding Rounds

Pipa Coding reached a $1.2B valuation in 2021, set during its Series C round.

Pipa Coding has raised $270M in total funding across 4 rounds, most recently a $200M Series C round in 2021.

Pipa Coding Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$300M$600M$900M$1B$2B20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02018 cumulative: $10M • 2015 Founded: $0 • 2018 Funding round: $10M2018 cumulative: $20M • 2015 Founded: $0 • 2018 Funding round: $10M • 2018 Series A: $10M2019 cumulative: $70M • 2015 Founded: $0 • 2018 Funding round: $10M • 2018 Series A: $10M • 2019 Funding round: $50M2021 cumulative: $270M • 2015 Founded: $0 • 2018 Funding round: $10M • 2018 Series A: $10M • 2019 Funding round: $50M • 2021 Series C: $200M @ $1B valuation$270M2015 Founded: $0 valuation2021 Series C: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$200M$1.2B17%
2019Funding round$50M--
2018Series A$10M--
2018Funding round$10M--

Pipa Coding Employees & Team Size

Pipa Coding employs approximately 2.5K people as of 2026.

Pipa Coding has 2.5K total employees in different roles and functions.

Pipa Coding Team GrowthReported headcount over time06001,2001,8002,4003,000201520172019202120232025002,5002,500Source: GetLatka.com
YearMilestone
2025Reached 2.5K employees (December 2025)

Founder / CEO

Pengxuan Zeng

Pengxuan Zeng is listed as Founder / CEO at Pipa Coding.

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Customers

We do not have customer count information for Pipa Coding yet.

Frequently Asked Questions about Pipa Coding

What is Pipa Coding's revenue?

Pipa Coding generates $250M in revenue.

Who founded Pipa Coding?

Pipa Coding was founded by Pengxuan Zeng.

Who is the CEO of Pipa Coding?

The CEO of Pipa Coding is Pengxuan Zeng.

How much funding does Pipa Coding have?

Pipa Coding raised $270M.

How many employees does Pipa Coding have?

Pipa Coding has 2.5K employees.

Where is Pipa Coding headquarters?

Pipa Coding is headquartered in Beijing, China.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Pipa Coding Revenue 2024: $250M ARR, $1.2B Valuation