The House Fund and GSV Ventures led a $9.5 million seed funding round for edtech startup SiglQ.ai, which also included participation from Duolingo, General Catalyst India (Venture Highway), Peak XV Partners, Calibrate Ventures, and a group of angel investors that included Christian Storm, Trevor Darrell, Jitendra Malik, Srini Devadas, Sharad Malik, and Andy Konwinski, co-founder of Perplexity.
According to a press release from SiglQ.ai, the money will be utilized to expand its platforms to educational systems across the globe, improve its AI models, and hire top talent more quickly.
Karttikeya Mangalam and Kurt Keutzer founded SiglQ.ai in 2023 to create AI-powered learning solutions that provide individualized instruction at scale. With the goal of revolutionizing education, its flagship products, PadhAI and EverTutor.ai, presently assist hundreds of thousands of students worldwide.
The company has launched two live products, PadhAI and EverTutor.ai, aimed at the higher education markets in the United States and India, following 18 months of being in stealth mode. Notably, the company asserts that PadhAI Tutor outperformed over 1.3 million human candidates and defeated ChatGPT and Claude, two AI systems, to rank #1 nationally in the live UPSC 2024 Civil Service Exam.
Additionally, PadhAI has quickly gained traction, drawing in over 200,000 UPSC candidates in India, according to SiglQ.ai. In contrast, EverTutor.ai, which is designed to help students prepare for the GRE, has attracted over 10,000 users in just three months since its launch.
SiglQ.ai intends to broaden EverTutor’s customer base going forward in order to assist GRE candidates during the forthcoming spring and fall exam cycles. To further solidify its position as a pioneer in AI-driven education, the company will also present the most recent developments in EverTutor and PadhAI at ASU+GSV.
