Chinese Vocational Education Platform Sanjieke Raises $30M From Owl Ventures and Udemy
Sanjieke, a Beijing-based vocational education platform focused on addressing the digital skills gap for young professionals, announced that it has secured over 200 million yuan (USD30 million) in its Series B+ and Series C round of funding.
The Series B+ round was joined by San Francisco-based global education technology investment firm Owl Ventures, while online courses provider Udemy participated in the Series C round.
Sanjieke plans to deploy the proceeds of the funding towards courses development and strengthening its instructor team.
Founded in 2015 by Xu Caixing, Sanjieke provides online courses to help professionals gain skills related to product management, new media, marketing, as well as data analysis and management. It also targets enterprises to help them upskill employees.
Sanjieke’s vision is to fill the gap between social, economic needs and the education system.
Since its inception, the platform has offered over 7,000 courses linked to new technology, business, and management. The startup claims to have served about 3,000 enterprises such as Alibaba, ByteDance, Tencent, Huawei, and China Mobile.
Sanjieke has also launched an online corporate training platform with Udemy to offer courses in segments like operation, IT and tech, and management.
In May 2019, Sanjieke had raised RMB 130 million (USD19 million) in its Series B funding round from Wu Capital and Owl Ventures. Prior to that, the company had raised an undisclosed amount in Series A round from IDG Capital and Will Hunting Capital.
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