GLORANG Secures 9B KRW in Series A2 Funding
GLORANG, a Seoul, South Korea-based AI talent tech company, has secured 9 billion KRW in Series A2 funding, bringing its total raised to 25 billion KRW.
The investment was from investors including Murex Partners, Korea Development Bank, Industrial Bank of Korea, Japan’s TBS Innovation Partners, and PKSHA Capital.
The company will use the funding to enhance its AI-driven diagnostic software, expand its operations, and launch a SaaS service for online test integration. The company also plans to expand its Gguge platform to serve middle and high school students.
GLORANG specializes in developing psychological diagnostic tests to standardize essential educational indicators such as critical thinking, creativity, and mathematical ability for the AI era. Their AI-driven diagnostic tools are used by over 6,600 schools and a growing number of corporations, education offices, hospitals, and universities. The company also operates Gguge, a platform offering real-time online classes for children aged 5 to 19, covering various subjects and extracurricular activities. Their clients include 6,600 schools and an increasing number of corporations, education offices, hospitals, and universities.
Funding Details
Company: Glorang, Inc.
Raised: KRW 9.0B
Round: Series A2
Funding Month: June 2024
Investor: Murex Partners, Korea Development Bank, Industrial Bank of Korea, Japan’s TBS Innovation Partners, PKSHA Capital
Company Website: https://www.glorang.com/
Software Category: Educational