Though optically pumped lasing has been realized for years, electrically pumped lasing has not yet been achieved in organic semiconductor devices. In order to make a better understanding of the laser mechanisms of the organic materials, we prepared organic thin films consisting of three efficient laser dyes of a blue emitter, 4″,4″′-N,vinyl]benzene (DSB), and a red emitter, 4-(dicyanomethylene)-2-t-butyl-6(1,1,7,7-tetramethyljulolidy-l-9-enyl)-4H-pyran (DCJTB) with different doping concentrations for the first time to investigate the cascade energy transfer process. The energy transfer schemes in the co-doped thin films in photoluminescence and electroluminescence have been investigated. The results indicated that the DSB molecules acted as a bridge to deliver energy more effectively from the host (BN) to the guest (DCJTB). Meanwhile, the maximum current efficiency (C E ) and power efficiency (P E ) of the organic light-emitting devices (OLEDs) with the emitting layer of lower doping concentration were 13.5 cd/A and 14.1 lm/W, respectively.