StepFun

China
Xuhui, Shanghai, China

Company profile

StepFun company profile

StepFun is an artificial intelligence technology company that develops large language models and multimodal AI systems designed to process and generate text, images, and video across a range of applications. The company’s platform integrates proprietary foundational models, including models optimized for language generation, vision tasks, and multimodal interaction, enabling teams to build AI-enhanced solutions for creative generation, document analysis, and complex reasoning workflows. StepFun’s tools support developers and researchers in embedding advanced AI capabilities into applications that require natural language understanding, image and video interpretation, and cross-modal content synthesis. The company collaborates with technology partners and enterprises to advance AI model development, open-source releases, and integration into larger digital systems. Its offerings include APIs and frameworks that help technical users leverage large models for tasks such as content generation, summary extraction, and multimedia processing.

Business identity

Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Founded
2023-04-01, Month

Headquarters

Country code
CN
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
3
Total equity funding
$721.1M
Last funding
Series B / $718.1M / 2026-01-26
Last equity funding
Series B / $718.1M
Investors
12
Lead investors
1
Founders
1
Articles
12

Founders and investors

Founders

Daxin Jiang

Lead investors

Shanghai State-owned Capital Investment

Investors

5Y CapitalHuaqin Communication TechnologyPudong ChuangtouQiming Venture PartnersTencent