Meishubao, founded in 2014, began as an online platform connecting high-school art students and art training institutions. It offers online courses, painting critique, and information on art colleges, and has expanded into Meishubao 1to1 for children aged 4–12. The company also provides Microschool, a SaaS product for art training institutions, aiming to build a comprehensive art education network in China. Meishubao plans to add one-to-many classes and AR animation courses this summer. Operating metrics cited include a teacher wage cost reduced to 30% of per-customer transaction, online course pricing at CNY 100 (50–70% of offline class price), and a free-trial conversion rate of approximately 30%. Founder Gan Ling projected the company would make a profit of CNY 700 million in 2019. Meishubao Education is a Chinese online art education platform. The company is backed by Tencent. It focuses on delivering art education courses and services online. It announced the completion of a Series D round of financing at $210 million. The financing round was led by TPG’s global impact investing platform, The Rise Fund. The company made the announcement on Thursday.

Total raised

$250M

Funding rounds

2

Latest round

Series C

Latest activity

Jan 2024