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LOUMO Raises $1.1M Seed Round

Recently funded · $1.1M SeedEducationView source

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A fresh $1.1M in Seed funding is now backing LOUMO, a company aiming to streamline the often-laborious process of academic grading. The startup provides an AI-assisted correction service for exams, reports, and theses, promising to deliver comprehensive, bias-reduced feedback directly to clients within two weeks.

LOUMO's platform leverages AI to assist human correctors, significantly reducing bias and providing ultra-complete feedback. This model is designed to halve costs for educational institutions, ultimately increasing satisfaction for both students and instructors.

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