DATABANK INC

DATABANK INC is a Korean AI EdTech startup founded in 2019, specializing in deep learning-based Natural Language Processing (NLP) for TOEFL® and IELTS® test preparation. The company's flagship product, TestGlider®, has gained widespread popularity, with over 2 million users across 202 countries. DATABANK INC recently received significant funding, securing $2.7M in Series A funding in April 2021, followed by a further investment of $4.0M in Series B funding in December 2022 from Company K Partners, InterVest Co., KB Investments, Korea Development Bank, Schmidt, and D3 Jubilee. Their innovative solutions and scalable core technology have attracted investor confidence. DATABANK INC's commitment to leveraging technology to bridge educational disparities and make learning more accessible positions them as a promising player in the AI and EdTech industries. Their success with TestGlider® and strategic funding indicate a strong potential for future growth and impact.