Online education platform QuJiYi(趣记忆) today announces its first round of financing with 40 million yuan. This deal is led by NetDragon’s educational subsidiary Elernity, with Shunwei Capital also participating.
According to Wang Feng, the founder of QuJiYi, the latest fund will be used to improve user experience with more professional products and high-quality services, thereby building a K-12 online education platform driven by the science of memory and technology.
Founded in 2018, QuJiYi(literally translated as “enjoying the process of memory”) focuses on enhancing K-12 students’ memory with online courses. Based on this, the App synchronizes the content of textbooks from more than 20 provinces across China, helps students memorize subject knowledge through the mode of “pictures + texts + gamification”, and provides self-designed live-streaming and video courses.
Currently, QuJiYi empowers teaching scenarios in schools and training institutions. As of now, its users have covered over 120 cities from more than 29 provinces.