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OnlyHi

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Online one-to-one education platform targeting K12 students based in Shanghai

Huangpu, ChinaFounded 2018Edtech
Valuation $10–25M Last recorded · 2018
Total funding $10–50M Disclosed equity funding
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About OnlyHi

OnlyHi, known in China as 嗨课堂 (Hāi Kètáng), is a Shanghai-based online education company specializing in one-to-one tutoring for K-12 students. The company, officially Shanghai Jiyi Network Technology Co., Ltd., was established in December 2016 by founder Ji Yi, who serves as the chairman and general manager. OnlyHi originated as an early incubation project of the On-Liy Education Group, a prominent name in the Chinese education sector.

The leadership team includes co-founder Lin Tao and Yuan Guohua, who was appointed CEO in November 2018. Yuan also holds the position of Senior Vice President at On-Liy Education Group, bringing a wealth of experience from the traditional education sector to this online venture. The company has successfully attracted significant investment from well-known venture capital firms. Its funding journey includes a 50 million RMB Series A in August 2017, a 60 million RMB Series A+ in January 2018, and a B round for tens of millions of RMB in November 2018, with backers such as Sinovation Ventures, Gene Capital, and On-Liy Education itself.

OnlyHi's business model is centered on providing personalized education through an internet-based live interactive platform. This approach allows students from various regions to connect with high-quality teachers from the comfort of their homes, addressing the issue of educational disparities. The company's revenue is generated from fees for these one-to-one tutoring sessions. By December 2017, its monthly revenue had already surpassed 20 million RMB. A key aspect of OnlyHi's strategy is its focus on the quality of its teaching staff. The company has invested in establishing its own teacher training bases in cities like Hefei to cultivate a team of full-time, professional educators. This emphasis on a dedicated teaching force is a core competitive advantage in the online education market.

The platform's service is designed to offer a comprehensive and supportive learning environment. Each student is provided with a customized learning plan and a 'five-in-one' support team that includes a primary instructor, a supervising teacher, and a psychological counselor to monitor and enhance the learning experience. The curriculum is developed in-house, with over 600 sets of courses created by 2018, and is updated regularly based on feedback from teachers, students, and parents. The platform also utilizes an AI-powered question bank to supplement its teaching. OnlyHi provides its services through dedicated applications for students and parents, facilitating communication and progress tracking.

Source: Dealroom company data

At a glance

Founded
2018
Headquarters
Huangpu, China
Sector
Edtech

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Engage Capital
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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Global footprint

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Workforce by country
🇨🇳 China · Huangpu HQ
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