StepFun logo
AI/ML
Consumer/Retail
Mobility/Transport

StepFun

AI models for language and multimodal applications

CORE INFO

$718M
Total Funding
Series B
Round
2023
Founded
Shanghai, China
Headquarters

StepFun, officially known as Shanghai Jieyue Xingchen Intelligent Technology Co., Ltd., develops large-scale AI models for language and multimodal applications, serving industries like consumer electronics and automotive. Their technology is integrated into millions of devices, enhancing user experiences with advanced AI capabilities.

  • StepFun raised over 5 billion yuan (approximately $718 million) in a Series B+ round in January 2026, marking the largest single financing event in China's large-model sector over the past year.technode.com
  • By the end of 2025, StepFun's models were integrated into over 42 million devices through partnerships with major Chinese smartphone brands, including Oppo, Honor, and ZTE.citynewsservice.cn
  • StepFun's voice models and "AgentOS" are featured in Geely's cars, with deployment expected to surpass one million vehicles by the end of 2026.citynewsservice.cn

WHY WE WOULD WORK AT STEPFUN

Innovative AI Solutions

Join a team pioneering large-scale language and multimodal models, like the trillion-parameter Step-2, that are transforming how technology interacts with users.

Collaborative Culture

Work alongside former Microsoft experts in a dynamic environment that fosters innovation and teamwork, driving advancements in AI technology.

Substantial Funding

Benefit from the security and growth potential of a company that raised over 5 billion yuan in its Series B+ round, positioning itself as a leader in the AI sector.

Global Impact

Contribute to AI applications integrated into over 42 million devices and enhance automotive systems, making a tangible difference in everyday technology.

Cutting-Edge Technology

Engage with advanced AI models like Step-3.5-Flash, which supports tool use and boasts a 256k token context window, pushing the boundaries of what's possible.

Recognition and Growth

Be part of a rapidly growing company recognized as one of China's 'AI Tigers,' with opportunities for personal and professional development in a booming industry.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • StepFun operates in the rapidly growing AI sector, focusing on language and multimodal applications.

  • The company targets multiple industries, including consumer electronics and automotive, which are increasingly adopting AI technologies for enhanced user experiences.
  • KEY METRICS

    ✦ KEY METRIC
  • By the end of 2025, StepFun's models were integrated into over 42 million devices through partnerships with major smartphone brands in China.

  • In the automotive sector, StepFun's voice models and 'AgentOS' are expected to be deployed in over one million vehicles by the end of 2026.
  • GROWTH TACTICS

  • StepFun has secured significant funding, raising over 5 billion yuan (approximately $718 million) in its Series B+ round, which is the largest financing event in China's large-model sector in the past year.

  • The company is focused on innovation and collaboration, forming alliances with other developers and chip manufacturers to enhance its technology offerings.
  • NOTABLE CUSTOMERS

  • StepFun's AI models are integrated into devices from major Chinese smartphone brands, including Oppo, Honor, and ZTE.

  • In the automotive industry, their technology is featured in Geely's vehicles, showcasing their application in real-world scenarios.
  • MARKET POSITION

  • Founded in April 2023, StepFun has quickly established itself as a significant player in the AI sector, particularly in the development of foundational models.

  • The company is recognized as one of China's 'AI Tiger' companies, indicating its strong market presence and potential for growth.
  • PRODUCT AND TECH

    Large Language Models

    StepFun develops large-scale language models, including the Step-2 model with a trillion parameters, enabling advanced text understanding and generation capabilities across various applications.

    Multimodal Models

    The company specializes in multimodal models like Step-1.5V, which can process and generate text, video, and audio, enhancing user interaction and experience in diverse environments.

    Image Generation Technology

    StepFun's Step-1X model focuses on image generation, providing innovative solutions for visual content creation and integration in consumer electronics and other sectors.

    Mixture-of-Experts Model

    The Step-3.5-Flash model utilizes a mixture-of-experts architecture with 196 billion parameters, optimizing performance for complex tasks while maintaining efficiency in processing.

    Automotive AI Solutions

    StepFun's AI technology, including voice models and the AgentOS, is integrated into automotive systems, significantly improving in-car voice assistants and intelligent functionalities.

    COMPANY CULTURE

    Values

  • Innovation at the forefront of AI technology

  • Collaboration among diverse teams

  • Commitment to ethical AI development

  • Focus on user-centric solutions

  • Continuous improvement and adaptability
  • Operating Principles

  • Embrace cutting-edge technology to drive progress

  • Foster a culture of open communication and feedback

  • Encourage experimentation and learning from failures

  • Prioritize partnerships to enhance product offerings

  • Maintain transparency with stakeholders
  • Benefits

  • Opportunities for professional growth and skill development

  • Competitive compensation and benefits packages

  • Flexible work arrangements to promote work-life balance

  • Access to state-of-the-art technology and resources

  • Engaging work environment that values creativity
  • Team Cadence

  • Regular team meetings to align on goals and projects

  • Bi-weekly check-ins to discuss progress and challenges

  • Monthly innovation sessions to brainstorm new ideas

  • Quarterly reviews to assess performance and set objectives
  • Learning & Growth

  • Continuous learning through workshops and training programs

  • Support for attending industry conferences and events

  • Mentorship opportunities with experienced leaders

  • Encouragement of cross-departmental collaboration for knowledge sharing
  • HIRING SIGNAL

    0
    Open roles on their careers page
    Snapshot via live ATS poll
    —
    Net new roles in the last 90 days
    Available once weekly history accrues
    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    11 announcements · ranked by importance
    May 9, 2026FUNDINGChina AI Startup StepFun Raised $2.5 Billion in New Funding Round & Plans Hong Kong IPO in 2026 June at $10 Billion Valuation, Founded in 2023 by ex-Microsoft Vice President Jiang Daxin, Investors Include Tencent, Qiming Venture Partners, 5Y Capital, Shanghai SSCI Leading Private Equity Fund Management, China Life Private Equity Investment & Pudong Venture Capital | Caproasiacaproasia.com
    Jan 26, 2026FUNDINGStepFun Raises $717 Million, Outpacing Newly Listed AI Rivals - Caixin Globalcaixinglobal.com
    Mar 24, 2024FOUNDER PROFILE闭关一年创业大模型,姜大昕站在AGI呼啸的风中 | 涌现36人-36氪36kr.com
    Dec 24, 2024FUNDING上海人工智能独角兽获数亿美元融资,国内大模型企业呈“六小强”格局xuhui.gov.cn
    Jul 15, 2026PRODUCTChina StepFun unveils StepX Neo , claims world first mass market AI smartphonemoneycontrol.com
    Feb 2, 2026EXEC HIREIn Profile: Megvii Co-Founder Is Back Riding the Latest AI Wave - Caixin Globalcaixinglobal.com
    Jul 8, 2024INTERVIEWChinese AI can benefit from bigger models, more data, says start-up founder | South China Morning Postscmp.com
    Sep 20, 2026PRODUCTStep 5 Preview: Advancing the Pareto Frontierstepfun.com
    Jan 1, 2023FUNDINGStepFun | nextomoronextomoro.com
    Jan 1, 2025INTERVIEW专访|当AI走向应用落地,大模型创业公司如何在商业化中突围_科创101_澎湃新闻-The Paperthepaper.cn
    Jul 5, 2024CUSTOMER WIN财跃阶跃国泰君安三方携手 打造最懂金融的大模型_牛市点线面_澎湃新闻-The Paperthepaper.cn