The two corporations are becoming a member of forces to offer inexpensive English as a overseas language tutoring at scale through the use of a digital voice-enabled character.
SAN FRANCISCO–(BUSINESS WIRE)–March 2, 2020–
Edwin, the EdTech startup backed by General Catalyst, Y Combinator, and Google Assistant Investments Program, amongst others, has merged with MyBuddy.ai, an academic voice expertise firm. Both corporations shared the identical purpose – to make English as a overseas language (EFL) tutoring inexpensive and accessible by leveraging AI. Combining assets strategically positions the ensuing firm to realize this purpose and grow to be an necessary participant within the 80 billion-dollar world market serving 1 billion English learners worldwide (in response to The British Council, 2019).
Edwin’s group developed adaptive studying expertise and constructed English take a look at prep programs taught in tandem by a Facebook chatbot and a human trainer. Over 800 thousand college students throughout Latin America, Korea, and Japan have improved their English by practising with Edwin.
The MyBuddy.ai group developed a cell app based mostly round Buddy the robotic, a cute cartoon character that helps kids follow their spoken English by means of conversations and voice-based video games. Buddy is serving a worldwide viewers of English-learners, together with immigrant kids within the US, in addition to English-learning youngsters in Europe and Latin America. The app’s consumer base has reached 17 thousand paying college students and is rising by 20% per 30 days.
The ensuing firm will maintain the title “MyBuddy.ai”. Headquartered in San Francisco, it should deal with constructing a digital English dialog companion for over 500 million kids across the globe who’re attempting to be taught English, however can’t attain fluency as a result of they lack real follow talking the language. The firm will double down on its cell app Buddy, the voice-based English tutor for youths, organically combining options developed by MyBuddy.ai and Edwin.
“Before the merger, it was like we were building two parts of one solution: Buddy – the voice-based educational game, and Edwin – the adaptive learning technology and EFL curriculum. Together, we’ll be able to offer a unique solution for this important educational problem and build a sustainable business in this multi-billion dollar market,” stated Dmitry Stavisky, co-founder of Edwin and COO of MyBuddy.ai.
“We all have personal stories that motivate us. My daughter had to learn to speak English when I brought her to the U.S. when she was 3 years old. Through her struggle, I understood the scale of the problem. Now, she’s in the first grade and still plays and learns with Buddy,” says Ivan Crewkov, co-founder and CEO of MyBuddy.ai.
“We believe Buddy the teaching assistant can become an important tool for EFL teachers by automating the mundane part of their job at a fraction of the cost. And this lets teachers and parents give kids unlimited speaking practice, essential for mastering language,” says Dima Plotnikov, co-founder and Chief Product Officer of MyBuddy.ai.
Edwin is an AI-powered service for studying English as a overseas language. It combines the most recent adaptive studying and Natural Language Understanding expertise with pedagogical content material in addition to on-demand human instructors to supply its college students inexpensive, personalised, 1:1 studying. Based in San Francisco, the corporate was funded by General Catalyst, Y Combinator, Google Assistant Investments Program, and several other different traders. Over 800 thousand college students have improved their English with Edwin.
MyBuddy.ai is a voice-based AI English tutor for youths. Buddy lets kids follow their spoken English by conversing with a digital AI-powered cartoon character in a cell app. With its partaking digital character, speech expertise, and adaptive studying, Buddy is making talking follow inexpensive for 500 million kids across the globe by automating the mundane 80% of tutoring work at 2% of the associated fee. This permits lecturers and fogeys to offer youngsters limitless talking follow, important for mastering English.
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MyBuddy.ai / co-founder and CEO