Chinese business education platform Sanjieke raises 30M from Owl Ventures and Udemy

Sanjieke, a Beijing-based business education platform focused on bridging the digital skills gap for young entrepreneurs, announced that it had earned 200 million yuan (USD30 million) in its Series B + and Series C rounds of funding.

The Series B + round was joined by San Francisco-based global education technology investment firm Owl Ventures, while online course provider Udemy participated in the Series C round.

Sanjike plans to use the funds to develop the curriculum and strengthen its coaching staff.

Founded in 2015 by Xu Caixing, Sanjieke offers online courses to help professionals gain skills related to product management, new media, marketing, as well as data analysis and management. It also aims to help enterprises with highly skilled employees.

Sanjike’s vision is to bridge the gap between social and economic needs and the education system.

Since its inception, the platform has offered over 7,000 courses related to new technologies, business and management. The startup claims to have served nearly 3,000 enterprises, including Alibaba, ByteDance, Tencent, Huawei and China Mobile.

Sanjieke has also launched an online corporate training platform with Udemy to offer courses in departments such as operations, IT and tech and management.

In May 2019, Sanjieke raised RMB 130 million (USD19 million) in a Series B funding round from Wu Capital and Owl Ventures. Earlier, the company had raised an undisclosed amount in a series A round from IDG Capital and Will Hunting Capital.

About the author

Author: Shalini Pathak

Shalini Pathak is a staff writer at EdTechReview (ETR) – India’s leading Adtech media and community. She has four years of experience in media covering various beats. Like all writers, she is first and foremost an avid reader who has a passion for creating content out of the box and has the ability to write on any topic. As part of the ETR team, it will cover the latest developments in the Adtech industry, focusing on the stories of Adtech startups and their funding.

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