SigIQ.ai, an AI-powered edtech startup, has raised $9.5 million in a seed funding round co-led by The House Fund and GSV Ventures.
The round also saw participation from Duolingo, General Catalyst India (Venture Highway), Peak XV Partners (formerly Sequoia India), Calibrate Ventures and angel investors, such as Andy Konwinski (Co-founder, Perplexity), Christian Storm (Co-founder & CTO, Turnitin), Prof. Trevor Darrell (Berkeley AI Research, UC Berkeley), Prof. Jitendra Malik (Berkeley AI Research, UC Berkeley), Prof. Srini Devadas (MIT), Prof. Sharad Malik (Princeton) and others.
The funds raised will be used to accelerate hiring top talent, enhancing AI models, and scaling platforms to educational systems worldwide.
“We’re at a pivotal moment in education where modern GenAI can provide a personal 1:1 tutor to every student and reduce the cost of one-on-one learning from hundreds of dollars an hour to the cost of computation. We’ve started by first creating a tutor that itself can ace the very exam students are preparing for. This is a necessary step to ensure accuracy and quality in teaching delivered. And will set a new benchmark in personalized education, making the highest-quality education accessible to everyone, regardless of geography or socioeconomic status, at a fraction of the traditional cost,” said Dr. Karttikeya Mangalam, CEO and co-founder of SigIQ.ai, a UC Berkeley AI PhD mentored by computer vision pioneer Prof. Jitendra Malik.
“SigIQ.ai isn’t just a regular EdTech startup — they’ve built an AI system that publicly demonstrated its ability to outperform both humans and leading commercial AI models on one of the world’s most challenging exams. This redefines what’s possible in personalized education,” said Jeremy Fiance, Managing Director of The House Fund.
Founded in July 2023 by Dr. Karttikeya Mangalam and Professor Kurt Keutzer, SiglQ.ai develops AI-powered learning tools that offer personalized education at scale.
SigIQ.ai has launched two products – PadhAI and EverTutor.ai. PadhAI focuses on UPSC exam preparation in India and has attracted over 200,000 learners in just six months. EverTutor.ai is designed for GRE preparation in the US market and has already gained more than 10,000 users since launching three months ago.
