# Wanxue Education Technology Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wanxue-education-technology-group

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.wanxue.cn
- Total disclosed funding: $156M
- Latest round: Series D (Oct 1, 2019)
- Investors on record: 8

## About

Based in Beijing, China, and founded in 2006, Wanxue Education Technology Group operates as an educational service provider engaged in the fields of graduate entrance exams, college student employment, and entrepreneurship, with nearly CNY 2 billion in investments from global investment funds such as Sequoia Capital, Lenovo Investment, DCM, etc. It has formed a total of over 6,356 professors, doctoral and master's research and development teams, with a total investment of CNY 220 million. Wanxue Education has established partnerships with Huawei, Yiban, Sina, etc.

The company has developed an intelligent matrix super-learning system that includes college career planning, postgraduate entrance examination training, CET-4 training, CET-6 training, and career development, which accumulated tutoring of over 3 million students. It also provides learning tools such as Chaoxue APP, Career Development System APP, and Haiwen Graduate Entrance Examination APP.

The company will use the funds to complete the research and development of the "Optimal Education Planning and Learning Integration System Based on Adaptive Career Goals" and the national layout of the existing product matrix.

## Funding rounds

- Series D, Oct 1, 2019, $100M — ADV Partners
- Series C, Jul 24, 2014, $16M — DCM, HAO Capital, Baidu
- Series B, Feb 22, 2011, $20M — Hong Shan, DCM, Legend Capital, FengHe Fund Management
- Series A, Feb 22, 2008, $20M — Hong Shan, Legend Capital
- Angel, Aug 1, 2006 — K2VC

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel
- Hong Shan — Series A, Series B
- Legend Capital — Series A, Series B
- DCM (https://capitalatlas.ai/funds/dcm) — Series B, Series C
- FengHe Fund Management (https://capitalatlas.ai/funds/fenghe-fund-management) — Series B
- HAO Capital (https://capitalatlas.ai/funds/hao-capital) — Series C
- Baidu — Series C
- ADV Partners (https://capitalatlas.ai/funds/adv-partners) — Series D