Wanxue（万学教育）, Beijing-based education service provider targeting vocational and academic training for college students, announced today it has closed Series D round of financing with 100 million US dollars in October 2019 led by Fuanda Fund. In July 2014, Baidu invested tens of millions of dollars in the company’s Series C round.
Established in 2006, Wanxue Education is mainly engaged in offering CGAT (China Graduate Admission Test) test preparation training in China, known for its test prep brand Wanxue Haiwen.
In addition, the company also focuses on civil service exams and career development training, etc.
Zhang Rui, the founder of Wanxue, revealed that the latest fund will be used to advance the R&D of the career-oriented education system and the nationwide layout of the existing product matrix.
WanXue aims to help more youth groups improve their academic and vocational competitiveness with EdTech and intelligent systems in the areas of CGAT and vocational training.