Riiid Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 68

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 41

Riiid General Information

Description

Developer of an adaptive learning platform designed to help learners reach their goals through a data-driven, scientific approach. The company's platform utilizes artificial intelligence to offer personalized assessments, feedback, and targeted learning resources, enabling learners to identify their strengths and weaknesses and progress at their own pace.

Contact Information

Website
www.riiid.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 19 Floor, 424, Teheran-ro
  • Gangnam-gu
  • Seoul
  • South Korea
+82
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Corporate Office
  • 19 Floor, 424, Teheran-ro
  • Gangnam-gu
  • Seoul
  • South Korea
+82

Riiid Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Riiid Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Later Stage VC 01-Mar-2023 Completed Generating Revenue
14. Secondary Transaction - Private Completed Generating Revenue
13. Grant 02-Aug-2021 Completed Generating Revenue
12. Later Stage VC (Series E) 24-May-2021 Completed Generating Revenue
11. Later Stage VC (Series D) 22-Jul-2020 Completed Generating Revenue
10. Later Stage VC (Series C) 24-Jun-2019 Completed Generating Revenue
9. Early Stage VC (Series B) 24-Apr-2018 Completed Generating Revenue
8. Early Stage VC (Series A) 15-Jun-2017 Completed Generating Revenue
7. Accelerator/Incubator 15-Sep-2016 $868K Completed Generating Revenue
6. Early Stage VC 01-Jan-2016 $762K $868K Completed Generating Revenue
To view Riiid’s complete valuation and funding history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Riiid Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an adaptive learning platform designed to help learners reach their goals through a data-driven, scientific
Educational Software
Seoul, South Korea
68 As of 2024

Bengaluru, India
 

Tempe, AZ
 
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Riiid Competitors (6)

One of Riiid’s 6 competitors is Unacademy, a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Unacademy Venture Capital-Backed Bengaluru, India
Imagine Learning Private Equity-Backed Tempe, AZ
Descomplica Venture Capital-Backed Rio de Janeiro, Brazil
17zuoye Formerly VC-backed Shanghai, China
Yuanfudao Private Equity-Backed Beijing, China
To view Riiid’s complete competitors history, request access »

Riiid Patents

Riiid Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240256881-A1 Method and apparatus for patch-level supervised contrastive learning to learn temporal presentation Pending 31-Jan-2023
US-20240020346-A1 Device and method for recommending educational content based on user's search information Inactive 14-Jul-2022
US-20230259715-A1 Method, device, and system for tracking dialogue state Pending 14-Feb-2022
US-20230252244-A1 Method of learning task model and language model, and learning device for performing the same Pending 08-Feb-2022
US-20230186088-A1 Learning skill evaluation method, apparatus, and system Pending 14-Dec-2021 G06N3/08
To view Riiid’s complete patent history, request access »

Riiid Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Riiid Investors (41)

Investor Name Investor Type Holding Investor Since Participating Rounds
Groom Investment PE/Buyout Minority
Mirae Asset Venture Investment Venture Capital Minority
S&S Investment Venture Capital Minority
Global Digital Innovation Network Accelerator/Incubator
EOGF Partners Venture Capital Minority
You’re viewing 5 of 41 investors. Get the full list »

Riiid Acquisitions (2)

Riiid’s most recent deal was a Merger/Acquisition with Qualson. The deal was made on 10-Dec-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Qualson 10-Dec-2023 Merger/Acquisition Educational Software
Langoo (Distributors/Wholesale) 08-Oct-2021 Merger/Acquisition Distributors/Wholesale
To view Riiid’s complete acquisitions history, request access »

Riiid Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Qualson Seoul, South Korea 2012

Riiid FAQs

  • When was Riiid founded?

    Riiid was founded in 2014.

  • Where is Riiid headquartered?

    Riiid is headquartered in Seoul, South Korea.

  • What is the size of Riiid?

    Riiid has 68 total employees.

  • What industry is Riiid in?

    Riiid’s primary industry is Educational Software.

  • Is Riiid a private or public company?

    Riiid is a Private company.

  • What is Riiid’s current revenue?

    The current revenue for Riiid is .

  • How much funding has Riiid raised over time?

    Riiid has raised $248M.

  • Who are Riiid’s investors?

    Groom Investment, Mirae Asset Venture Investment, S&S Investment, Global Digital Innovation Network, and EOGF Partners are 5 of 41 investors who have invested in Riiid.

  • Who are Riiid’s competitors?

    Unacademy, Imagine Learning, Descomplica, 17zuoye, and Yuanfudao are some of the 6 competitors of Riiid.

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