Juesheng Completes $31M Series C Round From Tangel, Tarena

Beijing-based online education platform Juesheng has completed RMB200 million (US$31 million) series C round of financing from Shenzhen-listed juvenile book publisher Tangel Publishing Co., Ltd., NASDAQ-listed IT training firm Tarena International Inc, and unnamed individual investors, according to Chinese media reports.

Founded in 2011, Juesheng received an undisclosed series B financing round led by ChinaEquity Group in May.

It raised an undisclosed angel round from Ameba Capital in 2013. In 2014, it received undisclosed series A financing from New Oriental, ChinaEquity Group, and High Ground Capital.

Travel search engine Qunar’s co-founder Fritz Demopoulos is also an early investor in Juesheng.

Juesheng aggregates education products in partnership with education institutions, teachers and students. It currently has over 14 million registered users and over 16 million app downloads.

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