# Qualson

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

- Industry: Education/Training
- Headquarters: Seoul, South Korea
- Website: www.qualson.com
- Total disclosed funding: $7M
- Latest round: Series B (Nov 27, 2017)
- Investors on record: 6

## About

Based in South Korea, Qualson Inc. operates a technology-driven English learning service that offers innovative educational experiences tailored to individual and corporate clients.Qualson Inc. specializes in English language education, providing tailored learning solutions. Founded in 2012 in Seoul, South Korea, the company has successfully completed 6 deals. The most recent significant transaction occurred on December 11, 2023, when Riiid Inc., backed by various investors, acquired Qualson. The company has raised a total of KRW 5,998.012 mn in funding, with its latest round bringing in KRW 5,998.012 mn. Sooyoung Park serves as the CEO, following Ian Kim, the founder.Qualson specializes in innovative English learning services designed to provide unique educational experiences that cannot be easily replicated. The company addresses the growing demand for effective language learning solutions in a world where traditional educational content often falls short. Their offerings include interactive learning platforms that cater to individual learners and corporate clients seeking employee training solutions, with a focus on enhancing the learning experience through personalized and engaging methods, particularly in the Korean market.In the most recent year, 2023, Qualson reported revenue of KRW 9,269,543.5 with a negative EBITDA of KRW 1,476,852.9. The company primarily generates revenue from subscription services targeted at individual consumers and businesses needing English language training. Their pricing structure includes tiered plans that offer access to a variety of educational tools and resources, facilitating direct-to-consumer transactions and potential partnerships with educational institutions and corporations.Qualson's growth strategy includes developing new products to enhance its offerings and targeting expansion into international markets outside South Korea. The recent funding will support these initiatives, enabling the company to further innovate and reach a broader audience. The acquisition by Riiid Inc. may provide additional resources for these plans, although specific upcoming product launches or expansion timelines have not been disclosed.

## Funding rounds

- Series B, Nov 27, 2017, $5.3M — SBVA, Capstone Partners, DSC Investment, IMM Investment, Posco Investment, Union Investment Partners
- Series A, Aug 12, 2014, $1.6M — SBVA, Capstone Partners, DSC Investment
- Seed, Aug 14, 2013, $0.1M — Posco Investment

## Investors

- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Seed, Series B
- SBVA (https://capitalatlas.ai/funds/sbva) — Series A, Series B
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A, Series B
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series A, Series B
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series B
- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series B