# China Online Education Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/china-online-education-group

- Industry: Education/Training
- Headquarters: Shenzhen, China
- Website: www.51talk.cn
- Total disclosed funding: $58M
- Latest round: Series D (Aug 31, 2015)
- Investors on record: 5

## About

Founded in 2011 and based in Shenzhen, China, China Online Education Group operates as an education service company that focuses on providing online English training and learning services. The company has a branch office in Wuhan. The company cooperated with SIMENS, EMERSON, and other enterprises. In August 2015, China Online Education Group raised a series D funding for USD 20 million. In June 2016, the company was listed on the New York Stock Exchange. It participated in the formulation of the Group Standards for the Management of Foreign Teachers in Online Education in October 2020.

China Online Education Group is mainly engaged in online English training-related services. It provides 1-on-1 English learning services with foreign teachers. Students can interact and learn with real foreign teachers overseas through computers and headphones. Its courses are divided into five categories: major courses, professional courses, and open courses. It also developed online classrooms AirClass, teaching apps, and other products.

The company generates revenue by providing online English training and related services.

## Funding rounds

- Series D, Aug 31, 2015, $20M — Hong Shan, DCM, China Renaissance, Shunwei Capital, Huanju Group
- Series C, Aug 1, 2014, $28M — Hong Shan, DCM, Shunwei Capital, Huanju Group
- Series B, Jul 7, 2013, $7.7M — DCM, Shunwei Capital, Huanju Group
- Series A, Jun 1, 2013, $2M — DCM

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B, Series C, Series D
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B, Series C, Series D
- Huanju Group — Series B, Series C, Series D
- Hong Shan — Series C, Series D
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series D
