Mantis Technology, a Beijing-based education industry marketing solution provider, announces today that it has raised nearly RMB100 million in a Series A round of financing. This deal was led by SIG, with Xinyi Capital also participating.
According to the company, the latest fund will be used for product research and development and the improvement of customer systems.
Founded in 2016, Mantis Technology launched the first generation of education SaaS products in 2017, focusing on grasping the data information of education companies’ online marketing and sales scenarios to improve the efficiency of customer acquisition.
To date, the company has served more than 3000 education companies covering various sub-sectors of education like adult education, K-12 education, etc. And New Oriental, OneSmart, and Lanxum are all its customers.
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