30th anniversary of venture…Times call for ventures again. 2.95 million and 9,500 users have been introduced to practice cloud environment books with Ellis LXP, the representative education platform of Kim Jae-won Ellis Group. “AX should increase large-scale capital investment and essential venture capital and government support.”
“The area where artificial intelligence (AI) can have the greatest effect is education. We will build an AI education ecosystem to help companies grow top talent for the AI era.”
![Kim Jae-won, CEO of Ellis Group, explains the establishment of an AI education ecosystem. [Reporter Lee Seung Hwan]](https://wimg.mk.co.kr/news/cms/202509/04/news-p.v1.20250820.038cc3b6cbf141f6aab485f196c21367_P1.jpg)
Kim Jae-won, CEO of ELRIS Group, made the remarks during a recent interview with Maeil Economy at its headquarters in Gangnam-gu, Seoul. Founded in 2015, Ellis Group provides AI education platforms to various customers, including large companies, schools, and research institutes. The representative platform, “Elise LXP,” has increased by more than 1 million users from 1.72 million in July last year to 2.75 million in July this year. It is used by more than 9,500 companies and institutions, including Samsung, SK, LG, Seoul National University, and KAIST. Last year, it ranked 16th, the highest among Korean companies, on the “World’s Best Edutech Company” by Time magazine.
CEO Kim graduated from the Department of Industrial Engineering at the University of Waterloo in Canada and worked at AMD, Nvidia, and Telus. Since 2012, he has been doing a master’s degree in AI at KAIST and decided to start a business.
CEO Kim said, “We decided that it would be business-friendly if we started a business by combining AI and cloud with education,” adding, “We are implementing an educational virtualization practice environment with ‘ElisLXP’, a software-as-a-service (SaaS) developed with our own technology, and ‘Elis Cloud’, an AI cloud solution, and providing customized AI-specific solutions.”
ELRISLXP is an all-in-one education solution equipped with a learning management system for education and non-face-to-face classes and is equipped with various technologies for AI education. Ellis Cloud is equipped with technology that allows you to listen to lectures and practice at the same time in the cloud. For example, when studying, a practical environment is provided where you can watch videos and actually code.
However, Ellis Group does not have enough funds yet. CEO Kim said, “We received 1.5 billion won in investment through the parent fund and received help in a timely manner,” but added, “We have invested more than 100 billion won in the AI education cloud alone, but it is still difficult to raise capital.” He continued, “I hope the government will reach not only large companies but also venture companies as various government ministries are implementing AI transition policies.”
In response, Lee Chun-woo, a professor of business administration at University of Seoul, who is active as a “venture supporter” composed of experts to mark the 30th anniversary of the foundation of the Venture Business Association, strongly recommended the venture company confirmation system. Professor Lee said, “The venture company confirmation system is perfect for venture companies that are considering global expansion and funding expansion. If we actively utilize this system to develop AI technology, it will greatly help the government’s AI transition policy.”
The venture company confirmation system is a system that finds venture companies with technological innovation and growth potential and provides tax benefits such as corporate tax and income tax cuts, funding, manpower support, and overseas expansion support. Over the past 30 years, it has served as a cradle of innovation growth by producing leading companies including Naver, NCsoft, Krafton, and Nexon.
CEO Kim explained, “Ellis Group is also continuing education to strengthen AI capabilities promoted by government and public institutions such as defense, health and medical care based on its venture confirmation history.”
CEO Kim emphasized, “AI transition is an area where large-scale capital is invested,” adding, “In addition to the drastic expansion of venture investment and improvement of the venture capital market constitution, policy funding and tax support through the venture company confirmation system must be smoothly provided to focus more resources on technology development.”
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