Online English Teaching Platform First Future Raises Series A+ Round
2019-12-27 17:29:41

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Source: First Future 

First Future, known as “FeiBo Education Technology Co.”, is a B2B online English teaching platform in China. It has recently raised tens of million of yuan in an extending Series A funding round led by Cloud Valley Foundation along with existing shareholders Gaosi Education Group and Kaiwu Capital.

The fresh injection of capital will be used to further implement its new product strategy and improve services.

Founded in 2012, the company provides online ESL lessons for students across China. It has come up with a product strategy this year to offer an English learning model covering all scenarios by connecting offline Chinese tutor, AI tutor with online ESL teacher, through recorded and live streaming courses, as well as technologies like voice identification and evaluation.

According to CEO Chen Bo, First Future has so far partnered with over 3,000 clients. It raised 20 million yuan in 2017.