# Classting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/classting

- Industry: Education/Training
- Headquarters: Seoul, South Korea
- Website: www.classting.com
- Total disclosed funding: $10M
- Latest round: Series C (Mar 16, 2021)
- Investors on record: 6

## About

Based in South Korea, Classting, Inc. provides an AI-powered Learning Management System (LMS) designed to transform educational experiences for institutions worldwide, enhancing teaching and learning through innovative technology.Classting, Inc. specializes in developing AI-driven educational solutions. Founded in Seoul, South Korea, in 2012 by Hyun-gu Cho and Jaesang Yoo, the company has successfully completed 7 funding deals. The latest round occurred on March 16, 2021, when Classting raised KRW 10.5 billion in a Series C funding round led by Atinum Investment, with contributions from Eugene Investment & Securities, ISU Venture Capital, Korea Investment & Securities, and returning investor S2L Partners. The total amount raised by the company now stands at KRW 10.5 billion.Classting Inc. offers an AI-powered Learning Management System (LMS) that enhances educational experiences through advanced technology. The platform features a Computer-Adaptive Testing (CAT) method for assessing student proficiency with minimal questions, serving over 26,000 educational institutions globally. Additionally, Classting provides an AI Teaching Assistant, Jello, which aids teachers and students with class preparation and self-directed learning recommendations, targeting markets in North America, Europe, and Asia.Classting Inc. generates revenue through a subscription-based model aimed at educational institutions, with a focus on B2B partnerships. Revenue is derived from multiple service tiers, including intelligent tutoring systems and customizable testing solutions. The pricing plans are designed to align with the specific needs of institutions, ensuring comprehensive monitoring and assessment capabilities during the onboarding process.In March 2021, Classting, Inc. raised KRW 10.5 billion in Series C funding, which will be utilized to hire employees and product developers to enhance customer experience. The company plans to expand into North America, Europe, and Asia, further developing its product offerings and market presence. New products are being designed to improve the educational experience, although specific release dates are not provided.

## Funding rounds

- Series C, Mar 16, 2021, $9.3M — Korea Investment & Securities, Atinum Investment, ISU Venture Capital, Eugene Investment & Securities, S2L Partners
- Series A, Jun 5, 2013, $1M — SBVA

## Investors

- SBVA (https://capitalatlas.ai/funds/sbva) — Series A
- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series C
- Atinum Investment (https://capitalatlas.ai/funds/atinum-investment) — Series C
- ISU Venture Capital (https://capitalatlas.ai/funds/isu-venture-capital) — Series C
- Eugene Investment & Securities — Series C
- S2L Partners (https://capitalatlas.ai/funds/s2l-partners) — Series C