# Beijing Eeo Education Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-eeo-education-technology-co

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: http://www.eeo.cn
- Total disclosed funding: $265M
- Latest round: Series C (Nov 27, 2020)
- Investors on record: 6

## About

Beijing Eeo Education Technology Co., Ltd. develops advanced educational technologies that enhance teaching and learning through AI solutions, catering primarily to educational institutions and educators.Founded in 2014 in Beijing, China, Beijing Eeo Education Technology Co., Ltd. specializes in educational technology solutions. The company has successfully engaged in 5 deals, with a notable Series C funding round on November 27, 2020, raising a total of USD 265 mn, led by GL Ventures and joined by investors such as Hillhouse Capital Group and Tencent Investment. Junbo Song serves as the CEO, bringing valuable experience to the firm.Beijing Eeo Education Technology Co., Ltd. focuses on innovative educational technologies designed to improve the learning experience. Its offerings include an AI-driven assignment correction system that provides instant feedback, AI-generated quizzes, speaking cards, and collaborative tools for educators. The company's solutions are utilized by schools and educational institutions, especially in China and regions requiring digital learning advancements.The company employs a subscription-based revenue model that allows educational institutions and teachers access to its suite of AI-enhanced tools. Revenue is generated through partnerships with schools integrating these services into their curricula, with tiered pricing plans tailored to institutional size and needs, focusing on AI-driven teaching aids and collaborative resources.Following the Series C funding round in November 2020, Beijing Eeo Education Technology Co., Ltd. plans to leverage the USD 265 mn raised to enhance its product offerings and expand into new markets. The company is focusing on the design of new educational tools and plans to increase its footprint not only in China but also in other Asian markets by the end of 2022, aiming for broader adoption of its digital education solutions.

## Funding rounds

- Series C, Nov 27, 2020, $265M — SIG Asia Investment, Tencent Investment, Hillhouse Investment, Gaocheng Capital, INCE Capital, GL Ventures
- Series B, Jul 15, 2020 — INCE Capital

## Investors

- INCE Capital (https://capitalatlas.ai/funds/ince-capital) — Series B, Series C
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series C
- Tencent Investment — Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C
- Gaocheng Capital (https://capitalatlas.ai/funds/gaocheng-capital) — Series C
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series C
