Huivo

About Huivo

Founded in 2011 by Zhang Kang, who also served as CEO, Huivo was a Beijing-based company that targeted the educational software market. The firm specialized in providing classroom teaching products for kindergarten students. Unfortunately, the company is no longer in operation.

Huivo developed a suite of products aimed at creating an integrated educational environment for kindergartens. This included an interactive teaching system, smart classes, and a teaching application. The platform was designed to connect students, teachers, and parents, offering solutions like a multi-screen interactive education system and smart courses. A key benefit was enabling parents to be more aware of and involved in their children's education.

The company secured significant financial backing, raising a total of $47.5 million over three funding rounds. Its first round of funding occurred in April 2014, raising $5 million in a Series A. A subsequent Series B round in June 2015 brought in $19.5 million, led by YY. The final funding round in April 2016 was also a Series B, raising $23 million, with Fosun Kinzon Capital and TAL Education Group as lead investors. In total, Huivo had five institutional investors, including notable names like TAL Education Group, YY, and Fosun Kinzon Capital.