# Erwan Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/erwan-technology

- Industry: Financial Services
- Headquarters: Beijing, China
- Website: www.iqiniu.com
- Latest round: Series E (Jan 20, 2021)
- Investors on record: 7

## About

Erwan Technology is a financial literacy platform based in Beijing, specializing in training courses that enhance users' understanding of finance and its technological applications.Founded in 2017 by Pier Pavani, Erwan Technology operates an online platform that focuses on financial education. The company is headquartered in Beijing, China, and has engaged in 5 deals, with the most recent deal occurring on January 20, 2021.Erwan Technology operates as an online financial literacy knowledge learning platform, primarily offering a range of training courses aimed at enhancing financial understanding and skills among its users. The core offerings include comprehensive training camps that cover various aspects of finance, including internet finance, financial technology, and AI in finance, effectively encapsulated in a trilogy of publications: “???????” (Internet Finance Revolution), “????” (Financial Technology), and “AI????” (AI Financial Era). These educational programs are designed to serve a diverse clientele, including individual investors, financial professionals, and corporate entities seeking to improve their financial acumen. The platform is particularly focused on the Chinese market, catering to learners across various regions within China who are looking to increase their financial knowledge and application in real-world scenarios.Revenue generation for Erwan Technology arises primarily from the sales of its training programs and courses. The company employs a subscription-based model for its training camps, where users can purchase access to specific courses tailored to their learning needs. Clients typically engage with the platform by choosing from a range of training options available at different price points, which may be structured as single payment for course access or subscription plans that allow for ongoing learning. The platform aims to provide value through its flagship educational offerings, leveraging its expertise in financial literacy to attract a wide user base, including both individual learners and corporate clients interested in upskilling their workforce in financial knowledge.In January 2021, Erwan Technology raised Series E funding led by New Eastern Education Fund, with participation from Lingfeng Capital, Prospect Avenue Capital, and Qiming Venture Partners. Although financial terms of this deal were not disclosed, the funding will be instrumental in supporting upcoming product launches and expanding their market reach. The company plans to introduce new products focused on enhancing financial literacy and aims to expand its operations into additional regions across China by the end of 2023.

## Funding rounds

- Series E, Jan 20, 2021 — Qiming Venture Partners, Lingfeng Capital, Prospect Avenue Capital, New Eastern Education Fund
- Series D, Jan 19, 2021 — Qiming Venture Partners, Prospect Avenue Capital
- Series A, Jul 6, 2018 — DCM, Qiming Venture Partners, K2VC, Jiyuan Capital
- Angel, Feb 6, 2017 — K2VC

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel, Series A
- DCM (https://capitalatlas.ai/funds/dcm) — Series A
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series D, Series E
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A
- Prospect Avenue Capital (https://capitalatlas.ai/funds/prospect-avenue-capital) — Series D, Series E
- Lingfeng Capital (https://capitalatlas.ai/funds/lingfeng-capital) — Series E
- New Eastern Education Fund (https://capitalatlas.ai/funds/new-eastern-education-fund) — Series E