Riiid!
makes the world a convenient place.
We seek creative disruption in education through adaptive learning.
We achieve standardization of educational opportunities by providing customized learning services driven by data technology.
We develop an adaptive learning platform based on artificial intelligence applying our exclusive machine learning technology.

Vision

Adaptive Learning, Standardization of Educational Opportunities, and Exclusive Technology

The mission of Riiid! is to achieve standardization in educational opportunities. "Top class learning" applying one-size-fits-all teaching paradigm is nothing but an illusion. Education is about people and unlocking their potential, as talents and requirements all differ from individual to individual. Therefore, we aim to provide optimal learning and not a top class learning. When students learn the same thing, they can never become top class nor optimal. What we need is a solution, which satisfies the closely observed and analyzed potential and needs of every individual students.

Private tutoring can be an alternative, but it’s too costly. Learning which only those who can afford can enjoy is not the kind of learning we pursue. Moreover, private tutoring heavily depends on the sole judgment of the tutor, which can never be always accurate or exhaustive. There are teachers with great insights, but not every student can have access to such learning opportunities.

We at Riiid! are committed to creating a world where every student can have access to affordable and optimal learning through data technology. Market distortion in private education created by members of the society themselves cannot be corrected by public education or politics, but by data driven technology. We are confident that many children from low-income families using our data technology-based educational services will show a much improved learning outcome than those privileged having access to high-paid private tutoring solely relying on individual teacher’s intuition. When Riiid! users can demonstrate such excellence in the market; it will not only help overcome Korea’s challenges in private education but also transform the global learning paradigm.

We creatively disrupt the educational market where innovation seems impossible. We dream big and plan right to execute with precision. Yes, we can do it.

ㅡJang, Young Jun, CEO

History

2016

11
Patent application for user customized problem solving algorithm based on machine learning
10
Participated in National Strategic Conference of Intelligent Information Age of Korea Information Technology Agency
09
Awarded E-Learning EdTech Entrepreneur Biz Model Competition Prize (Minister of Industry and Commerce)
08
Winner of ‘Neo-Fly China’ start-up contest
08
Launch of iOS version of Santa Talk (L / C)
07
R&D cooperation agreement with KAIST on machine-learning algorithm
05
Launched the 1:1 tutoring messenger Santa Talk!
04
Received Mobile Awards Grand Prize in Education
01
Series A investment from DSC Investment, DS Asset Management, Shinhan Capital
01
Released Santa for TOEIC! beta service

2015

11
Received Best Prize in 2015 K-Global DB-Stars Value-Up Segment(by Korea Database Agency)
10
Development of Adaptive-Learning Platform (Santa!)
09
Bridge funding investment from D3jublee, Lee Deok Joon, Kim Sang Beom
07
Selected as the start-up for 2015 K-Global DB-Stars value-up segment
03
Selected for TIPS program
01
Angel investment from Kim Young Ae, Cho Sung Moon
01
Investment from The Ventures
01
Released ReNote! beta service

2014

12
Obtained certification for technology assurance, venture certification
11
Accelerator Inclusive Demo Day Pitch at Creative Economy Fair as K-Startup representative
10
Released alpha version service
08
Investment from SK Planet, Banks Foundation for Young Entrepreneurs
07
Selected as K-Startup
06
Selected for Global K-Startup Program (Ministry of Science, ICT, and Future Planning, KISA)
05
Early stage investment from Jung, Jang Hwan
05
Founded Riiid!

Investors

Kim, Sang Beom

CTO, Nexon

Formation8 & Kcubeventures LP

Bachelor/Master/PhD

in Computer Engineering, KAIST

Lee, Deok Joon

D3 Jubilee

CFO at G Market & M&A’ed

Department of Business Administration, Seoul National University

Cho, Sung Moon

Principal PM, Oracle

Co-Founder, GameVille

UCLA MBA / Department of Electronic Engineering, Seoul National University

Min, Eung Joon

CEO of Danal Communication

Managing Director, LG

BCG

UC Berkeley MBA

Department of Business Administration, Yonsei University

Cho, Se Won

Vice President, ST Unitas(Youngdangi)

Established Waterbear Soft & M&A’ed

Established Etoos & M&A’ed

Department of Computer Engineering, Seoul National University

Jung, Jang Hwan

Drector, Ashoka

Angel Investment in 13 Technology Based Start Up

MBA, Seoul National University

Department of Mechanical Engineering, Sogang University