Solvio
Automated Grading OCR Software for Education, Stem OCR | Solvio.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Based in Bengaluru, India, Solvio operates in the educational technology sector, providing AI-powered solutions for educational institutions and EdTech companies. The company was founded in 2019 by Raviteja Manepalli and Rohit P, who serve as the Co-Founder & CTO and Co-Founder & CEO, respectively. Solvio's legal entity is Curious Bee Innovations Private Limited, which was incorporated in October 2019.
Solvio has developed a deep-tech platform that focuses on the digitization and automated grading of student assessments. The technology is capable of interpreting a wide range of answer formats, including handwritten text, mathematical expressions, step-by-step math solutions, and hand-drawn graphs and charts. It processes an image of the answer and converts it into a LaTeX expression, enabling the automated assessment of both digital and handwritten subjective answers through computer vision and natural language processing. This system is designed to analyze the students' thought processes, offering stakeholders precise measurements of learning outcomes.
The company's business model is B2B, offering its services to other EdTech companies and educational institutions through developer APIs. This allows clients to integrate Solvio's core components into their own platforms to assess and improve student outcomes, facilitate data-driven decision-making, and offer personalized learning experiences. As a seed-stage company, Solvio has secured $117K in funding over three rounds, with investors including 100X.VC and Aexent Ventures. Its latest funding was an Angel round on June 7, 2022. According to a December 2022 report, the company is now listed as 'Out of Business'.
Keywords: auto-grading, educational technology, EdTech, computer vision, AI assessment, student evaluation, digital grading, handwritten recognition, B2B EdTech, learning outcome measurement, deep-tech education, assessment API, education AI, math grading, graph recognition, Curious Bee Innovations, Raviteja Manepalli, Rohit P, personalized learning, education data