Yun Xuetang submitted an IPO filing in the United States: it has not received new financing for two years, and its core executives have changed frequently.
Recently, China's ** Regulatory Commission (CSRC) issued the "YXTcom Group Holding Limited (Yunxi Technology Group Holdings***hereinafter referred to as"Yunxi Technology"Announcement of Overseas Issuance and Listing Declaration. According to the filing notice, YXT intends to issue no more than 17.02 million ordinary shares and list on the NASDAQ** exchange in the United States.
According to Bedo Finance, the full name of Yunxuetang is Jiangsu Yunxuetang Network Technology***Predecessor is Suzhou Huizhitang Network Technology*** Information from Tianyancha shows that the company's registered capital is December 2011, the legal representative is Lu Xiaoyan, and the shareholders include Lu Xiaoyan, Himalaya, etc.
Previously, Cloud Learning was positioned as a provider of digital enterprise university solution services. Today, Cloud Learning said on its official ** that it mainly provides digital enterprise learning solution services, including: SaaS software services, content solution services and digital enterprise learning operation services.
Since its establishment, Yunxuetang has received multiple rounds of financing. It is understood that the company completed angel round financing in 2013, A round of financing in 2014, B and B+ rounds of financing in 2017, C and D rounds of financing in 2018 and 2020, and E1 and E2 rounds of financing in 2021.
These include a Series A financing of RMB 40 million; RMB80 million Series A financing led by Everest Ventures; RMB 22 million Series B financing led by SIG (Haina Asia); RMB 70 million Series B+ financing led by Himalaya; Series C financing, 50 million yuan and 100 million yuan respectively, with investors including Yunfeng**, Dacheng Capital, SIG, etc.
In March 2021, Yunxuetang announced the completion of the E2 round of financing, of which the E1 round was exclusively invested by Tencent, the E2 round was led by Jingwei China, and followed by Sequoia China and Hongzhuo Capital. In just half a year, Yunxuetang has completed two rounds of financing of E1+E2, including the old capital exit agreement, with a total financing amount of 1900 million yuan.
Since then, there has been no new financing news from Yunxuetang. Similar to Yunxuetang, Mobo Technology, which focuses on corporate training cloud platforms, also announced the completion of Series A financing (nearly 100 million yuan in Series A+ financing) in July 2021, with Sequoia China and Zhongding Investment participating in the investment, and there has been no new financing news since then.
Previously, Lu Ruize, the founder of Cloud Academy, said that new technologies such as the Internet, big data, and artificial intelligence have triggered major changes in the industry, and enterprises are facing new challenges such as changes and short-cycle strategies. Therefore, training and cultivating employee skills is becoming an important strategic task for enterprises, and corporate education will also become the starting point of education.
According to the data, Ding Jie is still the co-founder and president of Yun Xuetang, Zu Teng is the company's co-founder and CEO, Lu Ruize is the company's president, and Lu Xiaoyan is also one of the founders of Yun Xuetang. In mid-2023, Zu Teng was also selected"36 Kr New Human Pioneer - 2023 Anti-Stress Leader"。