Details

Last Funding Type

Series C

Last Funding Money Raised

$18M

Industries

Artificial Intelligence,EdTech,Machine Learning,Tutoring

Founded date

May 8, 2014

Number Of Employee

101 - 250

Operating Status

Active

Riiid is a global leading AI Tutor solution provider delivering creative disruption to the education market through its cutting-edge AI technology.
Having launched Santa TOEIC in 2017, the firm’s first commercialized AI Tutor solution based on a deep learning algorithm which has garnered 1 million users solely in the Korean market with proven efficacy. Leveraging the firm’s highly scalable and proven AI solution, Rigid is expanding its business to new test areas as well as into new geographical markets. It currently operates Santa TOEIC in Japan and has launched Santa SAT in Vietnam.

Riiid aims at replacing hard copy textbooks and traditional lectures with AI Tutor. Through the firm's technology, any individual student gains access to a personalized AI tutor that far outpaces human tutors in terms of learning efficacy at a fraction of the cost.
Driving the democratization and equalization of educational opportunities, Riiid is transforming learning and the industry landscape in a remarkable and rapid fashion.