Ringle provides one-on-one video English lessons with native-speaking tutors from prestigious universities and AI-based analytics that produce feedback on speech pace, vocabulary, and expression range. The company claims over 700 manually vetted tutors and 100,000 users, with lessons bookings up 390% year-over-year and revenue that has grown three times every year since founding. Ringle uses thought-provoking, domain-rich learning materials aimed at business and academic English and emphasizes highly trained tutors. Planned uses of proceeds include developing original educational content, adding a subscription option for premium content, expanding globally and into new age groups, and launching a junior program for students aged 10 and above. Ringle is also investing in its tech platform in collaboration with KAIST HCI to build a language diagnostics system measuring Complexity, Accuracy, and Fluency and adding more review features to track learning goals. The company operates from Seoul and a team in San Mateo, CA, and was founded in 2015 by two Stanford MBA graduates.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2021