China’s leading online piano training platform Kuaipeilian(快陪练) announced recently an RMB 100 million Series B round of financing led by FSI Captial, with Gaorong Capital, IDG, China Creation Ventures(CCV) also participating. And this brings the company’s total funding to over RMB 220 million.
According to Lu Wenyong, the founder and CEO of Kuaipeilian, the fresh capital will be used for promoting AI products, teaching research and development, and business expansion. This year, Kuaipeilian aims to vigorously develop the smart sparring business, further explore the pathway of music education technology, and comprehensively upgrade user services and experience.
Founded in 2016, the company focuses on 1-on-1 online piano training for children from 4 to 16-year-old. As of now, Kuaipeilian has served more than 1.5 million users coming from over 50 countries and regions across the world.
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