Fundz

TAL Announces Investment by a Global Growth Investment Firm

PUBLIC · TALNov 12, 2020

Round Type

Venture

BeijingEducationE LearningEdtechLanguage Learning

Description

TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced that a global growth investment firm has agreed to purchase a total of approximately US$1.5 billion of newly issued Class A common shares of the Company. Following the transaction, the investor will hold, taking into account its existing holding, approximately 8.35% of the Company's outstanding shares.

Quick answer

TAL Education Group raised an undisclosed amount in a funding round, dated November 12, 2020. TAL Education Group is based in Beijing, China.

How much did TAL Education Group raise?
TAL Education Group raised an undisclosed amount in a funding round on November 12, 2020.
What does TAL Education Group do?
TAL Education Group is a leading K-12 after-school education service provider in China.
Where is TAL Education Group based and how big is it?
TAL Education Group is based in Beijing, China.
Who are the decision-makers at TAL Education Group?
Fundz holds 1 contact at TAL Education Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as TAL Education Group that raised within 45 days of this round, from Fundz verified event records.

  • Duolingo raised $35M on November 19, 2020.
  • Duolingo raised $35M (Funding Round) on November 18, 2020.
  • Edmentum raised an undisclosed amount (Funding Round) on December 1, 2020.
  • EMPOWERU INC. raised $1000K (Seed) on November 24, 2020.
  • BookClub raised $6M (Seed) on September 28, 2020.
  • Aceable raised $50M on December 22, 2020.

Who to call at TAL Education Group, and when

A new round usually means TAL Education Group is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TAL Education Group raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at TAL Education Group, from your own LinkedIn network

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Company Information

Company

TAL Education Group

Location

Beijing, China

About

TAL Education Group is a leading K-12 after-school education service provider in China. The company offers a wide range of educational services, including tutoring and online courses. TAL is known for leveraging technology to enhance learning experiences. It strives to improve educational outcomes for students across the country.

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TAL Education Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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