KnowRe provides a cloud-based adaptive learning program for secondary mathematics that assesses students' strengths and weaknesses and algorithmically creates personalized curricula targeting learning gaps. The solution engages students through gamified learning and offers a Teacher Dashboard that gives teachers data on individual and class progress and highlights where students may be struggling. The company was officially launched in March 2014 by David Joo and YJ Kim and operates out of New York and Seoul, Korea. KnowRe raised $6.8M in funding to support its growth. The company intends to use the funds to scale distribution in the US and further product development and offerings for the US, Korea, and broader Asian markets. Investors in the round include SoftBank Ventures Korea, KTB Network Co., and SparkLabs Global Ventures. KnowRe develops an online adaptive learning service for mathematics that assesses individual strengths and weaknesses, personalizes curricula and engages students with game-like features, graphics and social learning. The company closed a $1.4M funding round with SoftBank Ventures Korea and intends to use the capital to continue developing proprietary content and technology. Co-founded by YJ Kim (CEO) and David Joo (COO), KnowRe planned to launch an open beta service in the U.S. during the first quarter of 2013. The platform focuses on tailoring math instruction to each student’s focus areas. KnowRe recently received the Grand Prize at Global K-Startup from Google and Korean governmental agencies (KISA and KCC. It is also a member of the first class of SparkLabs, an accelerator supporting Korean entrepreneurs looking to grow outside of Korea.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2014