Korbit Technologies

Korbit Technologies

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Organization

Contact Information

Overview

Korbit’s mission is to democratize education by providing a high-quality, interactive, and personalized education for students around the world at a low cost.

Korbit Technologies is developing a real-time interactive and personalized intelligent tutor for learning data science and AI. The AI tutor adapts itself to the learner's needs and provides real-time targeted pedagogical support (such as definitions, explanations, examples, illustrations, mind maps), which has been shown to make a big difference in learning outcomes and student motivation, and have been designed to scale to thousands of courses and millions of students.

The Korbit team and its award-winning AI tutors have successfully delivered its AI and data science training program to nearly 20,000 learners worldwide. Recent research proved that Korbit’s learners benefited from a notable increase in learning outcomes and skill acquisition and boosted their learning motivation by studying with Korbit’s platform powered by AI. Thanks to the continuing support from Mila and other partners, Korbit has been recognized as one of the world’s top 100 AI startups (CB Insights) and has been featured in the New York Times, Forbes, Bloomberg, Financial Times, and C2 Montreal.

About

Industries

Information Technology, Software, Natural Language Processing, Artificial Intelligence (AI), Machine Learning, Education, Corporate Training, MOOC

Founded

2017

Employees

11-50

Headquarters locations

North America

Social

N/A

Profile Resume

Korbit Technologies headquartered in North America, operates in the Information Technology, Software, Natural Language Processing, Artificial Intelligence (AI), Machine Learning, Education, Corporate Training, MOOC sector. The company focuses on Information Technology and has secured $1.3B in funding across 96 round(s). With a team of 11-50 employees, Korbit Technologies is actively contributing to advancements in Information Technology. Their latest funding round, Series A - Korbit Technologies, raised $11.3M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Ansona Ching

Ansona Ching

Co-founder, CCO and CTO

Funding Rounds

Funding rounds

3

Investors

8

Lead Investors

0

Total Funding Amount

$13.3M

Details

3

Korbit Technologies has raised a total of $13.3M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Seed2.0M
2018Seed
2023Early Stage Venture11.3M

Investors

Korbit Technologies is funded by 18 investors.

Investor NameLead InvestorFunding RoundPartners
True Equity-FUNDING ROUND - True Equity11.3M
Vinod Khosla-FUNDING ROUND - Vinod Khosla11.3M
Korbit Technologies-FUNDING ROUND - Korbit Technologies11.3M
Khosla Ventures-FUNDING ROUND - Khosla Ventures11.3M

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