
Plain Bagel
Designed mobile app for learning English and a simulation chat platform.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
KRW3.0b | Early VC | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | 100 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Plain Bagel Inc. is a South Korean technology company established in 2016 that develops AI-driven platforms. The company initially gained traction with its mobile application, Skippy, designed to help users consume video content more efficiently. Originally, Skippy functioned as a time-saving tool by condensing long informational videos, such as TED Talks and academic lectures, into shorter, readable summaries. Users could swipe through fragmented portions of a video with real-time captions, allowing them to grasp key points without watching the entire footage. The service curated content from educational platforms like Khan Academy, Vox, and Crash Course.
Over time, the application has pivoted towards the ed-tech market, specifically focusing on English language learning. Now branded as "Skippy - Better English Better," the app leverages its video curation capabilities to create an interactive learning experience. Key features include a vocabulary lock screen, speaking practice with instant feedback, a real-time dictionary, and subtitled videos. It retains functionalities like speed control and the ability to repeat sections, which are beneficial for language learners. The app, which is free to download and has surpassed one million installations, serves a global user base looking to improve their English skills in an engaging way. The business model appears to involve a B2B component, driving traffic to its content partners.
Plain Bagel operates in the competitive AI and language-learning application market. The company is venture-backed, having secured funding from institutional investors, including Devsisters Ventures and BluePoint Partners. This financial backing supports its focus on developing AI-driven platforms for interactive storytelling and language education. The company's platform allows users to search for specific words and engage in conversations with AI characters, aiming to bridge the gap between virtual and real interactions. Keywords: language learning, ed-tech, video summarization, AI platform, English learning app, mobile learning, educational technology, video content, interactive learning, vocabulary builder, speaking practice, AI education, South Korean startup, venture-backed, Devsisters Ventures, BluePoint Partners, Skippy app, content curation, real-time dictionary, interactive storytelling