Danglaoshi Closed Pre-A Funding Round Led by 58 Industry Fund
2019-12-11 18:27:09

Danglaoshi has secured around 20 million yuan in a Pre-A funding round from 58 Industry Fund.

Danglaoshi, whose name means “to become a teacher”, mainly provides services to train professionally certified teachers through online and offline classes. It also launced a learning app called Danglaoshi.

Its revenue in 2019 numbers about 40 million yuan, according to Song Ci, CEO of the training platform. He also claimed to have more than two million users and over 170 employees.

China has announced a series of policies on teacher certification management over the past two years, prompting tearcher training field to further increase.