As a native of South
Korea, a country with one of the highest household expenditures on education in
the world, Jake Yongjae Lee experienced the inequality in education first-hand. While attending university as an
electrical engineering student, he decided to team up with his school friend
Ray Lee (co-CEO & founder of Mathpresso), to build QANDA, a one-to-one Q&A app
for students. A year after its launch, Jake noticed the students were regularly
asking similar questions and realized that these questions are from a
pre-selected number of textbooks. QANDA pivoted to a search model by adopting
its own OCR and NLP technology that scans text and formulas and finds detailed
solutions from databases within seconds. With the AI-powered search feature, QANDA
saw a robust growth and is used by two-thirds of all K-12 students in Korea.
Jake’s vision is to
resolve global educational inequality and information asymmetry through AI.
QANDA’s strongest database consists of mathemathics, a universally applicable
subject that students of all cultures struggle with. QANDA is offered in 7
languages and achieved top seats in over 20 countries’ education charts. Over
85% of QANDA’s users now reside outside of Korea, with its strongest user bases
in Indonesia, Japan, Thailand, and Vietnam. Today, QANDA is used by 12
million students monthly in over 50 countries. Every day, approximately 10
million questions are uploaded worldwide.
QANDA has a distinctive
curriculum categorization system that classifies math problems into chapters,
sections, and genres. By analyzing the accumulated learning data, QANDA is
becoming an integrated learning platform that offers students personalized
content, such as byte-sized video lectures and community features that
enhances collaborative learning. Mathpresso’s goal is to digitize education and
create a sophisticated network, which ultimately will connect all educational
content and offer each student essential knowledge.