Riiid logo — A global leading AI Tutor solution provider delivering creat...

Riiid

A global leading AI Tutor solution provider delivering creative disruption to the education market

Founded 2014 Korea South Korea South 83 employees Series E Total: $83.79B AI, EdTech +2

General Information

Company Name Riiid
Founded Year 2014
Location Korea South Korea South +1
Employees 83
Industries AI, EdTech, Education +1
Funding Stage Series E
Social

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About Riiid

Riiid is revolutionizing the education market with its advanced AI technology, embodied in the slogan "Experience personalized AI tutoring that surpasses traditional methods, making education more accessible, effective, and affordable." Since its inception in 2017 with the launch of Santa TOEIC, their AI Tutor solution has rapidly gained traction, amassing 1 million users in Korea alone. Currently expanding into Japan and Vietnam, Riiid aims to disrupt the traditional educational landscape, offering personalized AI tutors that significantly enhance learning efficiency at a lower cost than human tutors. The recent Series E investment of $175.00M led by SoftBank Vision Fund on 24 May 2021 underscores the confidence in Riiid's potential. As an EdTech pioneer, the company's ambition to democratize educational opportunities aligns with market demands, propelling Riiid as a promising player in reshaping the future of learning and education.

Taxonomy: AI Tutoring, EdTech, Deep Learning, Personalized Education, Test Preparation, Education Technology, Adaptive Learning, Korean Market, Global Expansion, Disruptive Technology

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series E •••••• 1
Investor
24 May 2021
Series D •••••• 6
Investor Investor Investor Investor
•••• ••••
23 Jul 2020
Series C •••••• 6
Investor Investor Investor Investor
•••• ••••
15 Jul 2019
Series B •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
25 Apr 2018
Series B •••••• 3
Investor Investor Investor
16 Jun 2017

View All 8 Funding Rounds

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FAQ About Riiid

A global leading AI Tutor solution provider delivering creative disruption to the education market
Riiid was founded in 2014.
Riiid is headquartered in Korea South.
Riiid operates in the following industries: AI, EdTech, Education, Machine Learning.
Riiid has approximately 83 employees.
Riiid has completed 8 funding rounds, raising a total of $83.79B. The latest funding stage is Series E.
Top alternatives and competitors to Riiid include Tutor Platform, Mobile Tutor Private Limited, funtoot - Learning Personalized, WizSchool, Modern Teacher. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Riiid and Tutor Platform are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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