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What does Querium do?
Querium, is a Austin based company which I developing artificial intelligence based virtual tutoring software. It licenses artificial intelligence technology used for Engineering, Science, Math and Technology education applications. The Querium Corporation is building a scalable, smart, online assessment platform for engineering, science and math which features a patent pending expert system, advanced simulation technology and an easy to use interface.
The company focuses on enabling all students to be successful in science and math. Its artificial intelligence based software is called “StepWise™ Virtual Tutor software.
How much Querium was funded?
Querium raised an undisclosed amount in an Undisclosed round on July 9, 2015 from Sustainable Resource Ventures and Wild Basin Investments.
Previous funding
$250k in Seed round on February 1, 2013 from Kent Fuka
$488k in Angel round on September 1, 2013 from Kent Fuka
$800k in Series A funding on January 28, 2015 from ICG Ventures
What is next for Querium?
Querium has raised a venture capital fund from new investors SustainVC, which invests in early stage companies that provide environmental and social benefits. The company plans to use the latest funding for significantly expanding its artificial intelligence capabilities and for bolstering its business development activities. The company’s focus in on helping the students be successful in science and math. They intend on broadly licensing their groundbreaking technology, which means they will be able to expand their reach to more learners, from all socio economic statuses, rapidly and in a capital efficient way. Their new technology is really making a difference in how people learn science and math.
More about Querium
Querium was founded in 2013 by Patti Smith and Kent Fuka. It has its headquarters in Austin, TX. It was founded in January 2013 for helping around 60 M students to master critical science and math skills, which enables them in achieving their career goals.
