# Beijing Grape Intellectual Science and Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-grape-intellectual-science-and-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.putaoabc.com
- Total disclosed funding: $21M
- Latest round: Angel (Dec 27, 2018)
- Investors on record: 3

## About

Beijing Grape Intellectual Science and Technology Co., Ltd. specializes in educational technology, offering an adaptive learning platform for children that personalizes their English language learning experiences.Founded in 2018 and headquartered in Beijing, China, the company focuses on developing educational solutions for young learners. In December 2018, it raised USD 21.00 mn in an Angel funding round led by Lightspeed Venture Partners, with contributions from NBT (Next Big Thing) and Shanghai Putao Technology Co., Ltd. The company has engaged in one deal to date.Beijing Grape Intellectual Science and Technology Co., Ltd. operates a core product offering centered on its proprietary adaptive learning system, "Step by Step ABC," designed for children aged 4 to 12. This platform tailors personalized learning pathways according to each child's capabilities, addressing the need for differentiation in educational experiences. The service is supported by North American educators with TEFL or TESOL certifications, ensuring an authentic English learning environment. Big data analytics are utilized to track learning progress, generating real-time reports after each session. The primary customer base includes parents of young learners in urban centers across China, with potential expansion into other Asian markets where demand for quality English language education is increasing.Beijing Grape Intellectual Science and Technology Co., Ltd. generates revenue through a subscription-based model for its learning services, where parents pay for access to the educational platform on a recurring basis. This model allows direct-to-consumer interactions, enabling enrollment in various educational levels tailored to individual needs. The company also forms strategic partnerships, including collaboration with Oxford University Press for educational materials, which may enhance its revenue streams through enriched course offerings and proprietary content.The company plans to leverage its recent Angel funding of USD 21.00 mn raised in December 2018 to support the development of new educational products and expand into new markets. There are initiatives aimed at launching additional features on the "Step by Step ABC" platform to enhance user experience. Furthermore, the company is targeting expansion into Southeast Asian markets by 2024, where interest in English learning is on the rise.

## Funding rounds

- Angel, Dec 27, 2018, $21M — Lightspeed Venture Partners, NBT (Next Big Thing), Shanghai Putao Technology Co., Ltd.

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Angel
- NBT (Next Big Thing) — Angel
- Shanghai Putao Technology Co., Ltd. — Angel