Abhs Education Asset Profile

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Year established

2016

Location

Beijing China

Primary Industry

Education/Training

About

Based in China, founded in 2016, Abhs Education is an intelligent education company that provides intelligent education guidance for primary and secondary school culture classes based on cutting-edge technologies such as artificial intelligence, big data analysis, and Ebbinghaus memory principle, using the Internet as a carrier. In 2014, the Smart English Education Research Institute was established to study teaching models and product design architecture, and the offline English teaching and research department was established. In 2015, the smart English learning platform "Aibin English" (formerly known as Ebbinghaus Smart English) was officially launched. Aibin English completed the 2.0 version upgrade iteration. In 2016, Aibin English was awarded the Excellent Scientific Research Achievement Award for the 13th Five-Year Project of the Ministry of Education. In 2017, the first batch of pilot campuses in Shandong Heze and Hebei Yanjiao were established. Officially entered the extracurricular training and teaching from public schools. In 2018, the first National Principal Operations Conference was held in Beijing. At the meeting, the intelligent mathematics "Ilian Mathematics" was officially launched, which was rated as an outstanding scientific research achievement in the "13th Five-Year Plan" project of the Ministry of Education. In the selection of Sina Five-Star Gold Teachers, the English teaching and research team was awarded the 2018 Sina Five-Star Gold Teaching and Research Team. There are 600 branch schools nationwide, and the "13th Five-Year" project experimental class has entered more than 80 public schools. In 2019, it was rated as a national high-tech Technology enterprises, high-tech enterprises in Zhongguancun; held a brand upgrade ceremony at the National Convention Center, from Ebbinghaus Smart Education officially changed its name to "AI Shang AI Smart Education", Zhang Jingan, former vice minister of the Ministry of Science and Technology, and the original Department of Basic Education, Ministry of Education President Wang Wenzhan and Professor Ling Qiang of the University of Science and Technology of China attended the upgrade ceremony; the number of branch schools nationwide reached 1,600, and the "13th Five-Year" project experimental class has entered more than 200 public schools. In 2020, the official celebrity spokesperson Hu Ke will further enhance the brand image. The company engages in providing personalized teaching through intelligent education platform. The main solution of the company is to combine algorithm capabilities with K12 offline education scenarios, scan for knowledge vulnerabilities, and then accurately push learning content. At the same time, these technologies are combined with the OMO education model, and the focus is on sinking 3-5 tier cities. The company’s core competitiveness has three points: one is that the founding team has a deep enough understanding of education, and founder Deng Ya has many years of educational experience. The other partners are from China Agricultural University and University of Science and Technology of China, all of which are purely educational backgrounds; One is strong in product and teaching and research; the last is the integration of education and technology. The company’s revenue is generated by selling classes to students. At present, it covers nearly 2,000 campuses, and the number of paying students exceeds 200,000. Judging from the past development history, Ai Shang AI was officially launched to the market in 2018. In that year, it expanded to 600 campuses, with revenue exceeding 60 million yuan; in 2019, contract revenue exceeded 200 million yuan, with more than 1,000 campuses. 400 new campuses will be added even in 2020 when the epidemic is sudden. In the future, the company will use artificial intelligence as the underlying structure to achieve personalized education for thousands of people, conduct research and development of technology, teaching and research, support branch schools, and promote brand promotion.

Current Investors

Lanshan Venture, Zanlu 2 Fund, Huangshanfengying

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Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services

Website

www.abhseducation.com

Verticals

Artificial Intelligence

Company Stage

Series A

Total Amount Raised

Subscriber access only

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