Project

Project Summary

Business Model

SANTA TOEIC

SANTA TOEIC is an innovative AI TOEIC learning solution that provides users with a personalized shortest learning path. The machine learning algorithm, jointly developed by KAIST (Korea Advanced Institute of Science and Technology) and Riiid!’s AI research teams, analyzes each user’s ability in real time to offer the most optimal—time-saving and cost-efficient—custom learning curriculum. Providing students with this custom-tailored curriculum that is continuously updated to reflect their current abilities is distinct to SANTA TOEIC’s machine learning technology and precisely differentiates Riiid! from other adaptive learning solutions on the market.

Main Achievements

2017.12 Awarded at the first ‘4th Industrial Revolution Business Competition’ by the Ministry of Science and ICT
2017.12 Received Best Prize in SMART APP AWARD KOREA Education/Culture > Language Education
2017.10 Awarded First Place by 2017 KQSI (Korea Quality Satisfaction Index)
2017.06 Release of SANTA TOEIC
2017.04 A2 investment from DSC Investment, ES Investor, Daesung Private Equity

2016.12 Received Best Prize in 2016 by K-Global @ Beijing
2016.11 Research paper on machine-learning algorithm accepted to NIPS (top AI conference on a global level)
2016.10 Patent for user customized problem solving algorithm based on machine learning
2016.01 Released Santa for TOEIC! beta service

2015.10 Development of User-customized Learning Platform (Santa!)