Details

Last Funding Type

Debt Financing

Last Funding Money Raised

$1.20M

Industries

Artificial Intelligence,Internet of Things,Knowledge Management,Machine Learning,Mobile Devices,Robotics,Smart Home

Founded date

Oct 29, 2015

Number Of Employee

51 - 100

Operating Status

Active

1) What we do

• We develop a deep learning based QA(Question Answer) system that understands the true intention of the question and provide a Unique Correct Answer

2) Why

• AI based Smart machines are penetrating into our everyday lives, there are signals of paradigm shift from the traditional web search system to QA system.

3) Market Size

• Globally expecting a $50bn market size by year 2025 (+50% YoY).
• 50% of all searches will be done by voice searches by year 2020.

4) Technology

• We have core technologies in IR(Information Retrieval), Triple, MRC(Machine Reading Comprehension), Paraphrasing, NLU/NLP(Natural Language Understanding/Processing) etc.

5) Core Competency

• Our system is different to the existing system because we have a high accuracy, self expansion of KB(knowledge base), low GPU cost, quick response.
• This is the reason why we have the globally the first deep learning based QA commercial version in Korean.
• We have experience in a commercial version of sematic search which has similar logics with QA system and also have multi-language web-search experience as well.
• Strong team with CEO having +20yrs of related work experience.

6) Target Markets

• Connected Cars, Smart Speakers, Home IoT, Home Robots, Smart Toys, Personal Assistants, Chatbot Apps, Intranet, KMS.

7) Business Model

• Planning B2C penetration through B2B2C Alliance and set for global expansion with multi-language support.

8) References

• B2B projects with some major TELCOs in Korea, such as LG and Korea Telecom, and also with big ship building industries and financial institutions.

9) Competitors

• Competitors have QA systems based on either Rule-based or Inference based which has limitations on commercialization.

10) Team

• CEO: Pioneer in the search engine industry with +20 years of experiences, deep learning expert
• Total member of 27 (22 QA specialists) (hiring currently more)