Last deal

$20M

Amount

Series B

Stage

10.08.2018

Date

7

all rounds

$55M

Total amount

General

About Company
Koala Reading is a children's reading app platform that uses a quantified Chinese graded reading standard.

Industry

Sector :

Subsector :

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Also Known As

考拉阅读, Kaola Yuedu

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Xiangyue Education Technology developed Koala Reading, an online reading platform that helps K-12 students improve their language skills by providing personalized reading content. The app uses an advanced algorithm to quantify Chinese text according to difficulty level and matches it with the different reading abilities of students. This allows schools to create digital libraries and connect student reading level tests with offline reading behavior, ultimately improving language learning outcomes.
Contacts