Haoyunmama closes RMB50m Series A round

Haoyunmama, a provider of vocational education for maternal and childhood service practitioners and team-based maternal and childhood family service, has recently raised 50 million yuan in its Series A financing round. The round was co-invested by IDG Capital and WE Capital.

Haoyunmama, a provider of vocational education for maternal and childhood service practitioners and team-based maternal and childhood family service, has recently raised 50 million yuan in its Series A financing round. The round was co-invested by IDG Capital and WE Capital.

Proceeds from this round of financing will be used primarily to further increase scalability, expand service capacity, and gradually expand into blue-collar OMO.

Haoyunmama was established in 2014. To date, the company has opened 35 teaching and training centers across China, covering major first- and second-tier cities and penetrating some lower-tier markets. In the next three years, the company will expand at the rate of 50 new stores per year.

In addition, Haoyunmama has a nearly 500-strong teaching force consisting of members with medical and nursing backgrounds, and early education staffers. The company has trained more than 200,000 employees and generates hundreds of millions of yuan in annual revenue.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/30/haoyunmama-closes-rmb50m-series-a-round/.

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