# Elice

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.elice.io/
- Total disclosed funding: $24M
- Latest round: Series C (Jan 29, 2024)
- Investors on record: 5

## About

Established in 2015 and based in Seoul, South Korea, Ellis Group Co., Ltd., dba Elice Inc., operates as a developer of a digital coding education platform that provides a virtual learning training experience to users and management solutions to educators and administrators. In April 2026, Elice Inc. raised an undisclosed amount of venture funding from new investors GS Ventures and Dongkuk Investment. As of 2026, the company is led by its CEO, Kim Jae-won.

The company provides an all-in-one digital learning platform designed to enhance education through AI-driven technology. The firm offers a suite of tools, including EliceLXP for learning experiences, EliceLibrary with over 1,000 courses featuring auto-grading exercises, EliceTest for assessments and recruitment tests, and EliceCloud for various cloud learning environments. Elice empowers both teachers and learners, boasting a course completion rate of 91.3%. The company’s platform caters to various industries, such as healthcare, finance, and telecommunications. The firm’s customers and partners include KAIST and SK.

The company will use the April 2026 funding for business expansion and the development of its AI infrastructure, cloud technology, and data-center-related capabilities.

## Funding rounds

- Series C, Jan 29, 2024, $15M — Altos Ventures, Vertex Growth
- Series B, Sep 24, 2020, $9M — Altos Ventures, Korea Development Bank, LB Investment, Samsung Venture Investment

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B, Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B
- Vertex Growth (https://capitalatlas.ai/funds/vertex-growth) — Series C