Highlights
SiglQ.ai Raises $9.5 Million to Enhance AI Education Tools
Edtech startup SiglQ.ai has successfully secured $9.5 million in a seed funding round that was co-led by The House Fund and GSV Ventures. The funding saw participation from notable investors including Duolingo, General Catalyst India (Venture Highway), Peak XV Partners, Calibrate Ventures, and several angel investors, such as Andy Konwinski, co-founder of Perplexity, along with Christian Storm, Trevor Darrell, Jitendra Malik, Srini Devadas, and Sharad Malik, among others.
This financial infusion is aimed at accelerating the hiring of top-tier talent, enhancing AI models, and scaling its platforms to educational systems across the globe, as indicated in a press release from SiglQ.ai.
About SiglQ.ai and Its Mission
Founded in 2023 by Karttikeya Mangalam and Kurt Keutzer, SiglQ.ai is committed to developing AI-powered learning tools that provide personalised education at scale. The company’s flagship products, PadhAI and EverTutor.ai, currently serve hundreds of thousands of students internationally, with a clear mission to revolutionise the future of education.
Launch of PadhAI and EverTutor.ai
After spending 18 months in stealth mode, SiglQ.ai has launched two live products focused on the U.S. and Indian higher education markets. An impressive highlight includes the PadhAI Tutor, which achieved the #1 national ranking in the live UPSC 2024 Civil Service Exam, outperforming more than 1.3 million human candidates and surpassing AI systems such as ChatGPT and Claude.
Growth and User Engagement
SiglQ.ai reports that PadhAI has quickly gained traction, attracting over 200,000 UPSC aspirants in India. In parallel, EverTutor.ai, which is designed for GRE preparation, has already garnered over 10,000 users within just three months of its launch.
Future Plans for SiglQ.ai
Looking to the future, SiglQ.ai aims to broaden EverTutor’s reach, particularly supporting GRE aspirants through the forthcoming spring and fall examination cycles. Additionally, the company is preparing to showcase the latest advancements in EverTutor and PadhAI at the ASU+GSV conference, further cementing its status as a leader in AI-driven education.