Jerry Education
An institution which is training primary and secondary school-based students
About Jerry Education
Jerry Education, a Shanghai-based company operating under the formal name Beijing Jierui Tianxia Educational Technology Co., Ltd., has established itself in the after-school tutoring market. Founded around 2004, the company initially focused on providing in-person tutoring services. This traditional approach allowed it to build a significant brand presence over its first 12 years of operation.
A significant milestone in the company's history occurred in January 2016, when it secured $40 million in a Series A funding round. This represented the first external investment for the company. The funding was co-led by Shanghai Jiao Tong University and Sailing Capital. The primary objective of this capital injection was to facilitate the development of an online platform, signaling a strategic shift to expand its educational services beyond the traditional offline model. By leveraging its established brand, Jerry Education aimed to transition into the digital education space.
The company's core business revolves around after-school tutoring, catering to students seeking supplemental education. While its roots are in face-to-face instruction, the move towards an online platform indicates an expansion of its service delivery to a broader market. This hybrid model, combining physical tutoring centers with online resources, allows the company to serve a diverse client base with varying needs and preferences for educational support.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Jul 2018 | $19M | $77M | Undisclosed | — |
| SERIES AOther financing | Jan 2016 | $40M | $160M | Undisclosed | — |
Growth signals
Latest recorded traffic for Jerry Education is 1.5K monthly website visits, up 782.4% over the last three months.
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Investments and acquisitions
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Global footprint
Market sentiment
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