When was Databank founded?

Databank was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Databank located?

Databank is headquartered in Seoul, South Korea.

How many employees does Databank have?

As of Mar 31, 2026, the latest employee count at Databank is 18.

Is Databank a funded company?

Databank is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Apr 26, 2021.

When was the latest funding round of Databank?

Databank's latest funding was a $***** Series A round on Apr 26, 2021, with participation from 3 investors.

Where does Databank rank among its competitors?

Databank ranks 2nd amongst 124 active competitors, only 1 of which is funded. Databank, which secured $2.7M in Apr, 2021.

Who are the top competitors of Databank?

Databank's top competitors include WORD UP, EduSynch and Sprooche Prett AI. Among them, Databank secured the most recent funding round in April, 2021.

Databank - 2026 Company Profile, Team, Funding & Competitors

Databank is a series A company based in Seoul (South Korea), founded in 2019. It operates as a Provider of NLP-based scoring software for TOEFL. Databank has raised $2.7M in funding. The company has 124 active competitors, including 1 that is funded. Its top competitors include companies like WORD UP, EduSynch and Sprooche Prett AI.

Company Details

Provider of NLP-based scoring software for TOEFL. Its web-based scoring engine uses deep learning, NLP and AI to analyse and test multiple entries for TOEFL exam preparation. It includes practice exams, enables progress visualisation and provides feedback on writing with real-time assessments of performance.

Website: www.data-bank.ai/en/
Email ID: *****@data-bank.ai
Phone Number: +82 **********

Key Metrics

Founded Year

2019

Location

Seoul, South Korea

Stage

Series A

Total Funding

$2.7M in 1 round

Latest Funding Round

Series A, Apr 26, 2021, $*****

Investors

D3 Jubilee Partners & 3 more

Ranked

2^nd among 124 active competitors

Employee Count

18 as on Mar 31, 2026

Similar Companies

ELSA Speak & 985 more

View Databank's full profile

Databank is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
DATABANQ INC CIN: 1373510 , United States, Active		$1M - $5M (As on Dec 15, 2009)	-	-

Databank has raised a total funding of $2.7M over 1 round. Its latest funding round was a Series A round on Apr 26, 2021 for $*****. 3 investors participated in its latest round. Databank has 4 institutional investors.

Here is the list of recent funding rounds of Databank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 26, 2021	6456363	Series A	4643393	6546727	7871177	1533534

Access funding benchmarks and valuations. Sign up today!

View details of Databank's funding rounds and investors

Databank's employee count trend

Databank has 18 employees as of Mar 26. Here is Databank's employee count trend over the years:

Uncover Databank's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Databank include WORD UP, EduSynch and Sprooche Prett AI. Here is the list of Top 10 competitors of Databank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WORD UP 2017, Taipei (Taiwan), Funding Raised	Provider of online language courses and interactive e-book learning materials	-	-	42/100
2nd	Databank 2019, Seoul (South Korea), Series A	Provider of NLP-based scoring software for TOEFL	$2.7M	D3 Jubilee Partners, Company K Partners & 2 others	33/100
3rd	EduSynch 2015, New York (United States), Unfunded	AI-powered English testing solutions for education sector	-	-	27/100
4th	Sprooche Prett AI Unfunded	Developer of artificial intelligence simulations for practicing Luxembourgish oral exams	-	-	24/100
5th	Autoielts 2019, London (United Kingdom), Unfunded	-	-	-	24/100
6th	IELTS CHAMP 2024, Porto (Portugal), Unfunded	Provider of an AI-powered platform for preparation and practice tests	-	-	24/100
7th	TestMaster Sisli (Turkey), Unfunded	Developer of artificial intelligence platforms for language examination test preparation	-	-	23/100
8th	CELPIP Simulator Toronto (Canada), Unfunded	Provider of artificial intelligence powered online language proficiency practice tests	-	-	22/100
9th	Vanii 2024, Jaipur (India), Unfunded	Provider of an AI-based language learning platform with personalized feedback	-	-	22/100
10th	DeutschTestPlus 2026, Germany, Unfunded	Provider of artificial intelligence tools for German language exam preparation	-	-	22/100