Spark Education Group is a rapidly expanding global online education company that focuses on providing interactive live instruction through small-group classes for children. Established in 2016, the company's mission is to Spark passion for learning and ignite lifelong growth. With over half a million users worldwide, Spark Education Group has gained significant traction since its inception. Notably, the company has garnered support from top-tier global investors, including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures.
The Spark Education Group portfolio comprises various offerings, such as Spark Education, which includes Spark Math (an innovative mathematics curriculum integrating Singapore Math with Common Core State Standards) and Spark Chinese (a Chinese language learning curriculum). Additionally, the portfolio encompasses Huohua Siwei, an online learning service in Chinese, Allschool (an online marketplace connecting teachers and learners), and ClassPod (an education platform enabling interactive live instruction for small-group classes).
Headquartered in Singapore, Spark Education Group recently secured a significant $150.00M Series E investment on 25 January 2021 from notable investors including Hike Capital, TrustBridge Partners, and Tencent. This strategic move further reinforces the company's position in the EdTech and education sectors, highlighting a promising trajectory for future growth and innovation.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series E | $150.00M | 3 |
|
25 Jan 2021 |
| Series E | $100.00M | 3 |
|
12 Oct 2020 |
| Series E | $150.00M | 6 |
|
27 Aug 2020 |
| Series D | $30.00M | 1 |
|
24 Apr 2020 |
| Series D | $85.00M | 9 |
|
26 Aug 2019 |
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