Qualson

Seoul, South Korea Founded: 2012 • Age: 14 yrs Acquired By Riiid
Mobile-based English learning services are offered to corporate users.
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About Qualson

Qualson is a company based in Seoul (South Korea) founded in 2012 was acquired by Riiid in December 2023.. Qualson has raised $1.56 million across 1 funding round from investors including Riiid and SBVA. Qualson offers products and services including Real Class and Super Fan. Qualson operates in a competitive market with competitors including Voxy, NovaKid, Learnlight, Mrs Wordsmith and Speakingpal, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Qualson Inc
Operational Areas
Education → Higher & Professional Education
Key Metrics
  • Annual Revenue
    $17.21 M (USD)
    52
    as on Dec 31, 2019
  • Net Profit
    $-1.98 M (USD)
    53
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $1.56 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.56 M (USD), Series A

    Aug 14, 2014

  • Investors
    Riiid

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Riiid

    (Dec 22, 2023)

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Products & Services of Qualson

Qualson offers a comprehensive portfolio of products and services, including Real Class and Super Fan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Interactive platform for English learning and content delivery

Service for enhanced English education engagement and user interaction

Funding Insights of Qualson

Qualson has successfully raised a total of $1.56M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.56 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $1.6M
  • First Round

    (14 Aug 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2014 Amount Series A - Qualson Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Qualson

Qualson has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Riiid and SBVA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage venture capital arm of SoftBank Group
Founded Year Domain Location
AI-based IT solutions for instructors are provided by Riiid.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Qualson

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Qualson

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qualson Comparisons

Employees
+
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Competitors of Qualson

Qualson operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Voxy, NovaKid, Learnlight, Mrs Wordsmith and Speakingpal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
English language learning through online courses and tutoring
domain founded_year HQ Location
Online tutoring platform providing English lessons to kids
domain founded_year HQ Location
Learning management systems and enterprise courses are provided.
domain founded_year HQ Location
Vocabulary resources are delivered via activities and flashcards.
domain founded_year HQ Location
English speaking skills are improved via mobile app dialogs.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Qualson

Frequently Asked Questions about Qualson

When was Qualson founded?

Qualson was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Qualson located?

Qualson is headquartered in Seoul, South Korea.

Is Qualson a funded company?

Qualson is a funded company, having raised a total of $1.56M across 1 funding round to date. The company's 1st funding round was a Series A of $1.56M, raised on Aug 14, 2014.

What is the annual revenue of Qualson?

Annual revenue of Qualson is $17.21M as on Dec 31, 2019.

What does Qualson do?

Qualson was founded in 2012 in Seoul, South Korea, focusing on mobile app-based English learning within the edtech sector. Services such as Band, Opic, Talk2me, Appteacher, and Should! are provided, targeting Korean corporates including Samsung. Talk2me converts spoken input to text for tutor review, while Opic handles automated grammatical corrections on typed text; Appteacher offers similar corrections by tutors. Operations emphasize practical language tools for professional development.

Who are the top competitors of Qualson?

Qualson's top competitors include NovaKid, Voxy and Mrs Wordsmith.

What products or services does Qualson offer?

Qualson offers Real Class and Super Fan.

Who are Qualson's investors?

Qualson has 2 investors. Key investors include Riiid, and SBVA.

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