# Hexiaoxiang

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hexiaoxiang

- Industry: Education/Training
- Headquarters: Hangzhou, China
- Website: www.hexiaoxiang.com
- Total disclosed funding: $28M
- Latest round: Series B (Aug 26, 2019)
- Investors on record: 8

## About

Established in 2017 and based in Hangzhou, China, Hexiaoxiang is an education service provider that focuses on elementary education of writing. In August 2018, the company closed an angel funding from new investor TiSiWi. In August 2019, it raised CNY 200 million of series B funding co-led by new investors BAI Fund and Xueersi Group, with participation from new investors Engage Capital, GSR Ventures, Sinovation Ventures, Vision Plus Capital and Zhizhuo Capital.

The company focuses on writing education for children aged 5-12, and mainly provides children's calligraphy education and training services. The institution divides the courses into different levels according to the children's age and foundation, and adopts a video teaching model.

Hexiaoxiang generates revenue by providing children's calligraphy education and training services.

## Funding rounds

- Series B, Aug 26, 2019, $28M — GSR Ventures, Sinovation Ventures, Xueersi Group, BAI Capital, Vision Plus Capital, Engage Capital, Zhizhuo Capital
- Series A, Apr 9, 2019 — GSR Ventures, Zhizhuo Capital
- Angel, Aug 24, 2018 — TiSiWi

## Investors

- TiSiWi (https://capitalatlas.ai/funds/tisiwi) — Angel
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A, Series B
- Zhizhuo Capital (https://capitalatlas.ai/funds/zhizhuo-capital) — Series A, Series B
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series B
- Xueersi Group — Series B
- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Series B
- Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Series B
- Engage Capital (https://capitalatlas.ai/funds/engage-capital) — Series B