# Acadsoc.com.cn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acadsoc-com-cn

- Industry: Education/Training
- Headquarters: Shenzhen, China
- Website: www.acadsoc.com.cn
- Total disclosed funding: $15M
- Latest round: Series C (May 7, 2019)
- Investors on record: 12

## About

Acadsoc.com.cn specializes in online English language training, offering personalized one-on-one sessions and various courses aimed at improving proficiency in English for diverse learners and professionals.Founded in 2011 in Shenzhen, China, Acadsoc.com.cn focuses on providing tailored online English language education. The company is led by CEO Zhibin Wang, one of its co-founders, alongside Yeying Chen. Acadsoc raised a total of CNY 100.000 mn through 8 deals, with the latest funding round being Series C in January 2021. This round raised CNY 100.000 mn.Acadsoc offers a variety of online English language training courses, focusing on one-on-one sessions with native-speaking instructors. Their offerings cater to different proficiency levels, including foundational English, daily conversational practice, and exam preparation. They also provide industry-specific language training for professionals in sectors like finance and healthcare, with services accessible via a mobile app and web platform.The revenue model for Acadsoc is based on direct-to-consumer transactions, allowing clients to purchase individual lessons or subscription packages for courses. This model includes tiered pricing for packages, enhancing flexibility for users. Key offerings include premium one-on-one lessons with foreign instructors, aimed at providing immersive language learning experiences.Acadsoc plans to leverage its recent Series C funding raised in January 2021 to expand its product offerings and geographical reach. The company aims to develop new online courses and enhance its platform capabilities, targeting expansion into international markets by 2023. The funding will support these initiatives and assist in marketing efforts to attract a broader audience.

## Funding rounds

- Series C, May 7, 2019 — GF Xinde Investment
- Series C, Feb 18, 2019, $15M — IDG Capital, Venture Factory, Shenzhen Capital Real Estate Fund, Bofo Fund
- Series B, Oct 30, 2017 — IDG Capital, GF Xinde Investment, Shenzhen Capital Real Estate Fund, Shenzhen Elite Innovation Venture Fund, Jiangxing Capital, Latitude Capital, Jintai Capital, String Capital, Shenzhen Zhongda Huaan Investment, Huoban Fund
- Series B, Jun 14, 2017 — IDG Capital, GF Xinde Investment, Shenzhen Capital Real Estate Fund

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B, Series C
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series B, Series C
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B, Series C
- Shenzhen Elite Innovation Venture Fund — Series B
- Jiangxing Capital — Series B
- Latitude Capital (https://capitalatlas.ai/funds/latitude-capital) — Series B
- Jintai Capital — Series B
- String Capital (https://capitalatlas.ai/funds/string-capital) — Series B
- Shenzhen Zhongda Huaan Investment — Series B
- Huoban Fund — Series B
- Venture Factory — Series C
- Bofo Fund (https://capitalatlas.ai/funds/bofo-fund) — Series C