127 global institutions are actively using Musio for education
Gained 20,000+ active users in 4 months through Musio English rental business
Achieved a 321.69% growth rate in API users since December 2019.
180+ Educational Books Publications
Partnership with Softbank, NHK World TV, ALC, Gakken, Cambridge English and Oxford Reading Tree
Investors include: Formation 8, Gakken, Quad and Chungdahm Learning
Awards
[2019 Korean Robot Awards] Commendation of the Minister of Trade, Industry and Energy
[54th Korean Trade Day] Top Exporters ($1M USD) Presidential Award (Presented in the President's Name)
[2017 Korean Robot Awards] Presented by President of the Korean Robot Association
Company Overview
AKA is developing A.I. engines and robots to help improve communication among objects.
Currently, we are focusing on applying Musio and Muse to the English education field, using in-house developed education functions, contents, education-oriented data, and various cross-collaboration with other content providers.
We believe that Musio can be the best solution for educating non-English speaking students in learning English with our A.I. education tool (Grammar Checkups, Pronunciation, Conversation Skills, etc.). The other reason is that Musio is not only an “Educational Robot”, but could also be your “First Robot Friend” with Artificial Intelligence.
Company details
Official_company_name: Website english version url:https://akaintelligence.com/ Founded Year: Country of HQ: City of HQ: Number of full time employees:27 Equity Capital Raised(Usd) so far: Current Investor Lists:
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Current Fundraising Info
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Target Buyer Info
Please write down 10 keywords in detail for your industries (ex, LivecastManagement, Broadcast Recording(VOD), Advertising Statistics): Please write down 5 type of target buyers groups (Restaurants and cafes, Independent stores, Manufactures (Packaged ingredients).): Please write down 20 companies that you want to meet to sell your products in US: Please write down 20 companies that you want to meet to sell your products in Asia:
Problem Overview
Lack of access to natural English conversation practice
Need for online education assistance tools spurred by the pandemic
Increased social isolation in elderly population
Solution Overview
Edu: Curriculum-based Repetitive study function with real-time pronunciation feedback.
Listening
Reading along
Conversation Practices
Test: Vocab, sentence, pattern
Learner's Chat: AI Suggestion-based English Conversation practice function
160M+ Sentence Datasets
600+ Conversation Topics
200+ Roleplay Topics
Includes AI that recommends sentences to answer
Free Chat: Natural Conversation with AI
Simulate real-life conversation with native speakers
Natural conversation without topic constraints
For Seniors: Emotional ties for users through everyday conversation
Musio offers convenient voice command features for everyday activities
Deep-learning based natural language processing technology
Context-relevant and personalized conversations
Face and voice recognition
Musio can be used individually at houses, welfare centers or anywhere else for senior citizens.
For Musio in Japan: Top-bottom approach by contacting city councils directly and when the city accepts Musio, the schools in the district will implement our robot into their English education curriculum.
Partnership with Education institutions, education companies or publishing companies.
Go-to-Market Strategy and Business Model
For Musio English: Top-down approach by approaching city councils and when they accept Musio, schools in the city district would apply Musio into their English curriculum
Partnering with education companies and publishers
Competitive Landscape
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Raymond Jung is a serial entrepreneur, originally from a software engineering background. Before starting AKA, he co-founded HACKERS Education Group, which is Korea’s number one English Education Private institution and investment firm in the US and in Korea. These two experiences have set the foundation for his motivation to start AKA. The motivation was to see changes in the era of AI, such as using intellectual power to supplement or substitute human labor force.