# Ivy Dad (Beijing) Education Technology Co.

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

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.ivydad.com
- Total disclosed funding: $37M
- Latest round: Series B (Jan 12, 2021)
- Investors on record: 7

## About

Ivy Dad specializes in educational technology solutions for children, focusing on language acquisition and foundational learning through engaging mobile applications that enhance early childhood education.Founded in 2015 and headquartered in Beijing, China, Ivy Dad (Beijing) Education Technology Co. Ltd. develops educational tools aimed at enhancing language and cognitive skills in children. The company has engaged in five funding deals, with the latest being a Series B round on January 12, 2021, where it raised USD 30.00 mn led by Orchid Asia Group, joined by V Star Capital and Focustar Capital. Ren Huang serves as the CEO and is one of the founders of the company.Ivy Dad primarily focuses on educational technology solutions designed for children, particularly in language acquisition and foundational learning. The company offers a range of products, including mobile applications that facilitate learning through engaging content such as English language acquisition, classical poetry, and traditional Chinese texts. These products cater to the sensitive learning periods of children, focusing on skill development in both language and cognitive abilities and primarily target families with young children.The revenue structure of Ivy Dad involves direct-to-consumer transactions through its app and educational resources. Customers, primarily parents seeking to enhance their children's learning experiences, engage with the company's offerings through a subscription model or one-time purchases. The flagship products encompass various educational programs accessible via the Ivy Dad app, which serves as the primary platform for service delivery. While specific pricing plans are not disclosed, families can buy access to individual classes or courses aimed at improving language skills and overall academic performance.Ivy Dad plans to leverage the recently raised USD 30.00 mn in Series B funding to enhance its product offerings and expand into new markets. The company is designing upcoming features and applications aimed at broader educational engagement and intends to target international markets, particularly in North America and Europe, by 2023. This funding will support the development of new educational tools and marketing efforts to facilitate entry into these regions, capitalizing on the growing demand for early childhood educational technology.

## Funding rounds

- Series B, Jan 12, 2021, $30M — Orchid Asia Group, V Star Capital, Focustar Capital
- Series A, Nov 12, 2018, $7.2M — V Star Capital
- Series B, Oct 31, 2017 — Sinovation Ventures, Fresh Water Group, Crystal Stream, Shoutai Jinxin Capital
- Series A, Feb 3, 2016 — Sinovation Ventures, Crystal Stream
- Angel, May 21, 2015 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel, Series A, Series B
- Crystal Stream (https://capitalatlas.ai/funds/crystal-stream) — Series A, Series B
- Fresh Water Group — Series B
- Shoutai Jinxin Capital (https://capitalatlas.ai/funds/shoutai-jinxin-capital) — Series B
- V Star Capital (https://capitalatlas.ai/funds/v-star-capital) — Series A, Series B
- Orchid Asia Group (https://capitalatlas.ai/funds/orchid-asia-group) — Series B
- Focustar Capital (https://capitalatlas.ai/funds/focustar-capital) — Series B