# Koolearn Technology Holding

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

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.koolearn.com
- Total disclosed funding: $49M
- Latest round: Series A (Jan 21, 2016)
- Investors on record: 1

## About

Koolearn Technology Holding Limited specializes in providing online education services, focusing on diverse learning needs through innovative digital platforms.Founded in 2005 in Beijing, China, Koolearn Technology Holding Limited operates in the online education sector. The company raised HKD 1678 million in an IPO on March 28, 2019, with a total of 4 deals reported.Koolearn Technology Holding Limited, a subsidiary of New Oriental Education & Technology Group, offers a wide range of remote education services, including online courses tailored for domestic university curriculum support, study abroad preparation, and language training. The company serves a diverse client base, addressing the growing need for flexible educational solutions in China and expanding internationally.In the most recent fiscal year of 2022, Koolearn Technology Holding Limited reported a revenue of HKD 93,366,865.4 and an EBITDA of HKD -8,421,777.5, reflecting its financial performance in the online education market.Koolearn Technology Holding Limited plans to expand its offerings by launching new online courses targeting various educational needs, with specific timelines to be announced. The company aims to penetrate new markets beyond China by enhancing its global presence. The proceeds from the HKD 1678 million raised during the IPO will likely support these initiatives and further investment in technology to improve user experience.

## Funding rounds

- Series A, Jan 21, 2016, $49M — Tencent Investment

## Investors

- Tencent Investment — Series A