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Centurium led a $100m Series D round in Yunxuetang.

Synopsis

Centurium Capital led a $100m Series D round in Yunxuetang, a Chinese corporate training service provider. Existing shareholders including YF Capital, backed by Alibaba’s former executive chairman Jack Ma Yun, and Susquehanna International Group, also participated in the investment. "YF Capital values a growing trend of datafication, cloudification, and emphasis on the vertical application” in the corporate service field. The corporate training market is worth around $14.6bn, while the employee training segment is one of the few verticals in the field that represents a rigid market demand," Xia Xiaoyan, YF Capital Managing Director.

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