BEIJING, January 12 (TMTPOST) — Ivy Dad, a k12 education brand in China that targets students aged between 0~8 years old has completed its series B round financing at around US$30 million. The investment was led by Orchid Asia and Focustar Capital, and backed up by V Star Capital. In 2020, Ivy Dad achieved 500% year-on-year growth in both daily active users and revenue, becoming profitable. Ivy Day currently makes US$6.19 million monthly with over a million paying users.