# Zhiyue Shufang

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhiyue-shufang

- Industry: Education/Training
- Headquarters: Shanghai, China
- Website: www.zzreading.cn
- Total disclosed funding: $3.5M
- Latest round: Angel (Dec 28, 2020)
- Investors on record: 3

## About

Established in 2019 and based in Shanghai, China, Zhiyue Shufang is an online reading education platform operated by Shanghai Weitong Education Technology. is an online reading and education platform. The company has branches in Shanghai, Kunming, and Shenyang, and as of the end of November 2020, the company's total number of students is close to 50,000 people. The founder of the company, Mr. Zhuang Chong, was the vice president of New Oriental Education and Technology Group, while the company's main and assistant teacher members all graduated from the University of New South Wales, Northeastern University, and other prestigious schools. In December 2020, the company closed a round of angel funding.

The company provides reading services for K12, with two types of products, "365 Fine Reading Classes" and "Master Reading Training Camp". Among them, 365 Fine Reading Classes provide students in grades 1-6 with "guided reading + knowledge dismantling" of 52 books a year, which is broken down into 8-minute video/audio lessons every day; Master Reading Camp adopts the form of small-group, two-teacher live classes to provide high-frequency interaction and in-depth reading services.

## Funding rounds

- Angel, Dec 28, 2020, $3.5M — BE Capital, Pu-Xin Education, Redpoint China Ventures

## Investors

- BE Capital (https://capitalatlas.ai/funds/be-capital) — Angel
- Pu-Xin Education — Angel
- Redpoint China Ventures (https://capitalatlas.ai/funds/redpoint-china-ventures) — Angel