Market Segment: AI Tutor Solution
Linkedin: Riiid Labs LinkedIn Company ProfileEstimated Revenue: $50M
Estimated Employees: 51
Address: , San Ramon CA
Description: Riiid Labs is a leading AI solutions provider delivering creative disruption to the education market through its cutting-edge technology. The company aims to empower global education players to rethink the traditional ways of learning via extending Riiid's AI competency. We partner with global leaders in education, skills training, and technology to create better learning experiences. We help learners realize their goals in the fastest, most efficient way. Riiid Labs is the global arm of parent company Riiid and has been established in Silicon Valley to build upon Riiid's success in Asia and to expand its business across the U.S., South America, Middle East, and beyond. With a strong belief in equal opportunity in education, Riiid launched Santa for TOEIC in 2017, the company’s first commercialized AI tutor solution based on deep-learning algorithm, attracting more than a million users in South Korea. Riiid’s AI tutor solution replaces textbooks and traditional lectures with a personalized AI tutor outpacing human tutors at a fraction of the cost. Based on highly scalable and proven AI technology, Riiid is aggressively expanding its business to new test areas and geographical markets.