Riiid, a member company of the Born2Global Centre, could not be coming to America at a better time, as artificial intelligence transforms the global education landscape in 2020.
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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. Riiid is a leading AI edtech start-up based in Korea, which successfully launched Santa for Test of English for International Communication (TOEIC) test prep engine in Korea and Japan and reached No. 1 in sales among education apps in the Android market after only five months. Riiid has been an active member company of the Born2Global Centre since 2016.
Riiid’s proprietary AI technology analyzes student data and content, predicts scores and user behavior, and recommends personalized study plans in real-time to help students optimize their learning potential. Santa for TOEIC users have improved their score by an average of 124 points after just 20 hours of study. Leveraging the success and proven efficacy of Riiid’s AI technology, Riiid Labs will continue to innovate and expand globally across new education verticals and domains.
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“Reinforced education using AI is more emphasized now than ever, as the current global pandemic situation dictates we face a new normal,” said Riiid CEO YJ Jang. “I’m thrilled to launch Riiid Labs in the U.S. at this appropriate time and confident to see the strength and capability of our U.S. leadership team. We look forward to establishing a significant global footprint and bringing disruptive changes to the global education market.”
“Riiid has successfully verified the advancement of our proprietary AI-ed technology and proved its marketability,” Jang said. “I’m confident we can continue, and surpass, our own success story while bringing highly efficient learning solutions to everyone and lead in making fundamental changes to the education market.”
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