Entomopathogenic fungi have evolved in concert with insects for a long time and possess unique insecticidal properties and significant biological control, and medicinal potential. However, they are frequently overlooked and many previously unknown species have yet to be discovered and described. Cordyceps yaoluopingensis, a new species from Yaoluoping Nature Reserve in Anhui Province, China is defined as a new species based on morphology and molecular phylogenetic analyses. The new species has shorter synnemata, longer phialides and larger ovoid or fusiform conidia. Phylogenetic analysis using the six loci ITS, LSU, SSU, tef1-α, rpb1 and rpb2 established the uniqueness of the new species.