Enterprise Training And Financing Competition: "Cool College" Has Another Billion Yuan Investment, Qiming Venture Capital And Yunqi Capital Lead Investment

According to the news on October 19, cool college, an intelligent learning platform, has completed a round of financing of 100 million yuan, led by Qiming venture capital, yunqi capital, and Jiayu fund.

Founded in 2017, cool college is a start-up focusing on enterprise level intelligent training business. The company's angel round investor is Huagai capital and a round investor is Boyan technology.

"It is our mission to connect the ability and resources of top 500 training staff to 43 million enterprises and organizations in China. We have achieved the integration of platform capability, content system and expert operation in the first three years. At present, we have served 10000 enterprises, and initially have the premise of market potential and scale." Hua Junwu, CEO of cool college, said that in the next stage, we will focus on the three major sectors, namely, industry segmentation, AI intelligence and driving business. We will soon see a more intelligent enterprise training platform.

Ye Guantai, partner of Qiming venture capital, believes that tens of millions of domestic enterprises need to improve efficiency through digital management, and the core link of management is to continuously improve the productivity of each employee through efficient and personalized training.

In the view of Qiming venture capital team, the founding team of Ku college has rich experience in enterprise training, with equal emphasis on technology and product strength, which can help enterprises strengthen their learning experience, quickly cover the whole training scene, and reduce the training time, manpower and funds.

Enterprise Service SaaS is one of the key investment directions of yunqi. According to Mao Chengyu, the founding partner of yunqi capital, there will be companies with a market value of 10 billion in five years for SaaS track of enterprise training, and all the teams that can truly solve the problem of enterprise training upgrading to business growth mapping will have opportunities.

"Cool College's team building and product ideas are very clear, from the first meeting to determining the investment, we made decisions very quickly." Said Mao Chengyu.

According to market data, there are 43 million enterprises and organizations in China. Under the increasingly fierce market environment and epidemic pressure, the digital transformation of enterprises and the improvement of employee efficiency have brought about 300 billion new markets every year.

According to the company, Ku college plans to add 30000 new paying enterprises in three years and 100000 new paying enterprises in five years. It will deeply participate in Alibaba's cloud nail integration strategy and accelerate the business development and layout of large channels. It will gradually become a leading enterprise in China's SaaS market and further promote the upgrading of enterprise's training industry.