# Magic Academy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/magic-academy

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.molistudy.com
- Total disclosed funding: $0.5M
- Latest round: Angel (Aug 1, 2014)
- Investors on record: 2

## About

Established in 2014 and based in Beijing, China, Magic Academy operates as a study platform that provides thinking training for users. It cooperates with NetEase Technology, Wanjia Education, and Tencent Classroom. In December 2015, the company raised CNY 1 million in pre-A funding.

The company mainly provides an English study platform, which provides GMAT, GRE, standard English, postgraduate English, and other English courses. It provides thinking training, knowledge architecture, evaluation and other services. Its courses cover English classics reading, college English, and English for studying abroad. Magic Academy processes and analyzes massive amounts of learning data based on artificial intelligence technology. The company also provides personalized teaching services for students and educators.

The company generates revenue by providing the English study platform and thinking training for users.

## Funding rounds

- Angel, Aug 1, 2014, $0.5M — Unity Ventures, Aceon Venture

## Investors

- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Angel
- Aceon Venture — Angel
