Cool College, a China-based intelligent learning platform for on-the-job training, recently raised tens of millions yuan from Beyondsoft in its Series A round of financing. Hua Junwu, the CEO of Cool College, claimed that the raising funds will be used for developing AI technology, seeking cooperation, updating services, and vying for more market shares. Prior to this round, the company has closed a seed round invested by HUAGAI Capital in July 2018.
Founded in January 2017, the company focuses on providing learning platform and occupational courses based on the big data and user needs, cooperating with enterprises like DingTalk. And Cool College has witnessed a 400% annual increase of revenue for three consecutive years.
According to Hua Wujun, Cool College currently has four series of products, aiming to help small- and middle-sized companies to increase their working efficiency, with a combination of “platform+content+operation”. Currently, Cool College has more than 60,000 firms and 15 billion users in total.
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