Source: Asian Venture Capital Journal

Riiid: Korean AI education start-up gets $41m pre-Series D

Korea Development Bank (KDB) and local private equity firms Nvestor, Intervest and IMM Investment have participated in a $41.8 million pre-Series D round for Riiid, a Korean online education platform.

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Est. Annual Revenue

$100K-5.0M

Est. Employees

100-250

Co-Founder & CEO

Young-Jun Jang

CEO Approval Rating

90/100

Riiid is a South Korea-based AI-powered ed-tech platform that offers English language competency tutoring, college entrance exam preparation and related solutions to students.