Enterprise training solution provider Cool College secures multi-million-yuan Series A

The smart learning platform Cool College (酷学院) has recently completed its Series A financing round, bagging tens of millions of yuan, and the investor is Beyondsoft Corp. Cool College CEO Hua Junwu said that the proceeds will be used for four aspects including AI technology research and development, content platform cooperation, service upgrades and market expansion.

The smart learning platform Cool College (酷学院) has recently completed its Series A financing round, bagging tens of millions of yuan, and the investor is Beyondsoft Corp. Cool College CEO Hua Junwu said that the proceeds will be used for four aspects including AI technology research and development, content platform cooperation, service upgrades and market expansion.

Prior to this, Cool College has been received an angel round of financing by Huagai Capital in July 2018.

Cool College was established in January 2017, mainly based on the mobile workplace ecology of DingTalk, to provide clients with training solutions including mobile learning platforms, training content courses, and operational services, hoping to help companies improve human efficiency. According to Hua Junwu, Cool College currently has four series of products, serving a total of more than 60,000 clients and 15 million users.

Since 2017, Cool College has been growing for more than 400% for three consecutive years. In 2019, the company’s revenue is about 20 million yuan, and achieved a breakeven.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/19/enterprise-training-solution-provider-cool-college-secures-multi-million-yuan-series-a/.

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