Beijing Chalk Blue Sky Technology Co., Ltd. Asset Profile

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Year established

2012

Location

Beijing China

Primary Industry

Education/Training

About

Established in 2012 and based in Beijing China, Beijing Chalk Blue Sky Technology Co., Ltd. operates as a knowledge-based training platform that focuses on adult vocational examination. The company is headquartered in Beijing. Its schools cover 30 provinces all over the country, including Beijing, Nanchang, Hefei and Xi'an. The team most comes from Chinese Academy of Sciences, Peking University and University of Birmingham. In February 2021, it raised USD 390 million in series A funding co-led by IDG Capital and Trustbridge Partners. In December 2022, the company was listed on the Hongkong stock exchange and its stock code is 2469. The company provides education exam training for civil servants, teachers, institutions and other professions via online and offline. Other professions include chalk finance and accounting, chalk exam, chalk open course, and chalk levels 4 and 6, etc. Users can evaluate predicted scores in multiple dimensions through big data. The company also provides services from pre-course consultation to application guidance. The company earned 4 billion Yuan in total revenue for the whole year of 2020.

Current Investors

IDG Capital, MPC, Hony Capital

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Primary Industry

Education/Training

Sub Industries

Education & Training Services, Education & Training Website, Education & Training Software

Website

www.fenbi.com

Verticals

EdTech, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Deals

Deals Type
IPO

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Beijing Chalk Blue Sky Technology Co., Ltd.	23 Dec 2022

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