Teuida, a Korean edtech startup, has secured Series A funding from JB Investment. Specific details regarding the company valuation and investment amount remain undisclosed.

Teuida’s namesake global conversation app, “Teuida,” launched its Korean language education service in 2020 and has since grown rapidly, surpassing 4 million cumulative downloads worldwide. Last year, its revenue more than doubled compared to the previous year, demonstrating both growth potential and competitiveness.

Teuida employs an “interactive simulation” approach, combining voice recognition technology with first-person perspective videos to deliver an immersive learning experience where users feel as though they’re conversing with native speakers on-screen. This distinctive method, which goes beyond basic grammar to provide real speaking practice, has earned it the top spot among Korean language education apps and eighth place among Japanese language apps on major app stores.

With this investment, Teuida aims to evolve into an AI-powered multilingual learning content app. Starting with Spanish education content, it plans to expand offerings for English-speaking users with various language learning options, positioning itself as a leading global multilingual conversation app.

Additionally, Teuida intends to accelerate its global expansion by actively recruiting talent for global marketing and business development. 

Hee-chul Jung, Senior Investment Officer at JB Investment, said, “Teuida proved its sustained growth potential by doubling its revenue last year and achieving profitability. We expect this investment to propel Teuida’s rapid expansion in the global market.”

Ji-woong Jang, CEO of Teuida, stated, “Teuida has focused on providing everyone with opportunities to learn foreign languages without economic or environmental constraints. With this funding, we will continuously add major languages desired by English-speaking learners, beyond Spanish, to lead the global language learning market.”