Beijing Le Le Gaoshang Education Technology Co., Ltd.
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Beijing Le Le Gaoshang Education Technology Co., Ltd. - overview
Established
2014
Location
Beijing, -, China
Primary Industry
Education/Training
About
Beijing Le Le Gaoshang Education Technology Co. , Ltd. specializes in educational technology solutions, offering an interactive online learning platform that enhances student learning experiences through digital resources and personalized education. Founded in 2014 in Beijing, China, the company provides digital educational tools aimed at K-12 students.
Ying Mao, one of the founders, is the current CEO. The company has successfully raised a total of USD 40. 00 mn during its latest funding round, Series C, led by Owl Ventures, among others. 乐乐课堂 (Lele Ketang) offers a comprehensive online learning platform that supports K-12 education.
It features video tutorials, quizzes, and practice exercises designed to meet diverse learning needs. The platform enables personalized education while helping teachers monitor student progress, primarily targeting urban centers in China. 乐乐课堂 generates revenue through subscription services for its online learning platform, offering tiered access based on user requirements. Schools and parents can purchase subscriptions that vary in content access, facilitating scalability for both individual learners and institutional clients, ensuring a streamlined purchasing process.
The company is set to utilize recent funding to support the expansion of its product offerings and market reach. Plans include the development of new educational resources and targeting new geographic markets, enhancing its presence in areas with growing demand for innovative educational solutions. In 2023, Sky 9 Capital acquired Beijing Le Le Gaoshang Education Technology Co. , Ltd.
for an undisclosed amount.
Current Investors
Sky 9 Capital, Lightspeed Venture Partners, 5Y Capital
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website, Education & Training Software
Website
www.leleketang.com
Verticals
EdTech, Mobile Apps
Total Amount Raised
Subscriber access only
Beijing Le Le Gaoshang Education Technology Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Beijing Le Le Gaoshang Education Technology Co., Ltd. | - |
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