Elice
Elice is a South Korea-based AI full-stack company providing GPU cloud infrastructure, portable modular data centers, and AI-powered education platforms. It serves Korean conglomerates, universities, and public-sector clients across the Asia Pacific region.
- Company typePrivate
- Founded2016
- HeadquartersGangneung, South Korea
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Elice does
Elice Inc. is a South Korea-based AI Full Stack company, founded in 2016 and headquartered in Gangnam-gu, Seoul, that sells an integrated stack spanning AI infrastructure, cloud services, and AI-powered education solutions. The business is organized into two divisions: Elice AX, which delivers generative AI deployment (AI Helpy Chat), enterprise learning and practice (Elice LXP), competency assessment (Elice Test), corporate training programs, and offline hands-on labs (EliceLAB); and Elice Cloud, which provides usage-based GPU compute (Elice AI Cloud/RunBox on H100, A100, and B200 hardware), a secure AI-specific IaaS platform (ECI) for air-gapped and government workloads, and AI PMDC (Portable Modular Data Center) units that deliver custom on-premise AI data centers in roughly three months using proprietary hot-water cooling for high-power GPUs.
Revenue is generated through four streams: usage-based GPU cloud rental (H100 spot instances published at 2,135 KRW/hour), subscription/enterprise licensing for the Elice LXP, AI Helpy Chat, and Elice Test platforms, hardware sales of AI PMDC units with installation and support, and professional services for customized corporate AI training and bootcamps. Go-to-market combines direct enterprise sales (LG Electronics, Hyundai, SPC Group, Clio Cosmetics), government consortium work (AICA National AI Data Center, MSIT Generative AI Talent Cultivation Initiative, Singapore Ministry of Education), and channel partnerships with universities (KAIST, SNU, POSTECH, Keio, Bangkok University) and AI model developers (LG AI Research, NC AI). The company holds CSAP, ISO 27001/27701, and GS Grade 1 certifications that are prerequisites for Korean public-sector and defense AI deployments.
Elice is preparing for a KOSDAQ listing at a valuation approaching 1 trillion won (~$700M), following a $14.9M Series C led by Vertex Growth in January 2024 and strategic investments from Dongkuk Steel and GS Ventures. Backed by Korean presidential and ministerial ICT awards, the company has been elected into leadership of the Korea Startup Forum (CEO Kim Jae-won as fifth chairperson in 2026) and is positioning itself as a sovereign AI infrastructure provider across Korea and the wider Asia Pacific region, including manufacturing, energy, finance, and defense verticals.
Elice firmographics
Firmographics- Name
- Elice
- Legal name
- Elice, Inc.
- Website
- https://elice.io
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Elice is a South Korea-based AI full-stack company providing GPU cloud infrastructure, portable modular data centers, and AI-powered education platforms. It serves Korean conglomerates, universities, and public-sector clients across the Asia Pacific region.
- Ownership category
- akta.pro rank
Elice industry classification
Industry- Product category
- AI Cloud Infrastructure and Education Platform
- NAICS
- Professional and Management Development Training (61143), Computer Training (611420), Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- AI & Machine Learning (Foundations & Applied) (EDAMACAG)
- akta.pro secondary industries
- AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), AI/ML Engineering & Model Development Services (BPAEAHAF), iPaaS / Cloud Data Integration (HDAEACAD), Edge AI Hardware & NPUs (SoCs, modules, accelerators) (HDAAAJAC)
Keywords
Where Elice is headquartered
LocationHeadquarters
- HQ city
- Gangneung
- HQ country
- South Korea
- HQ region
- Asia
Offices6 records
Markets served
Elice business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- GPU Cloud Services: Usage-based GPU cloud infrastructure providing H100, B200, and A100 GPU instances for AI model training, inference, and research. Customers pay based on compute time and resources consumed.
- AI Education Platform Subscriptions: Subscription-based access to Elice LXP learning platform, AI Helpy Chat, and Elice Test for organizations implementing AI training programs. Revenue from enterprise licensing and seat-based access.
- Modular Data Center Sales: Sale and deployment of AI PMDC (Portable Modular Data Centers) to enterprises and institutions requiring on-premise AI infrastructure. Includes installation, configuration, and ongoing support services.
- Corporate Training Services: Customized AI training programs delivered through EliceLab offline training spaces and Elice LXP platform. Programs include hands-on workshops, bootcamps, and project-based learning for enterprise workforce development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | H100 GPU - Starting from 2,135 KRW per hour (Spot GPU) |
| Subscription | Multi-year contract | Enterprise Cloud Infrastructure - Custom pricing |
| Usage-based | Monthly | A100 80GB GPU - Competitive academic pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Elice product offering
Product offeringCore offering
Elice is an AI full-stack company providing integrated solutions across two divisions: Elice AX delivers AI-powered education, generative AI deployment (AI Helpy Chat), learning platforms (Elice LXP), and competency assessment (Elice Test) for organizational AI transformation. Elice Cloud provides GPU cloud infrastructure (RunBox), secure virtualization (ECI), and portable modular data centers (AI PMDC) with proprietary liquid cooling for AI development and operations.
Product overview
Elice is an AI Full Stack Company offering a unified platform architecture combining two main divisions: Elice AX (AI-powered education and transformation solutions) and Elice Cloud (AI infrastructure and cloud services). The product portfolio includes AI Helpy Chat for generative AI deployment, Elice LXP for education and practice, Elice Test for competency evaluation, Elice AI Cloud/RunBox for GPU computing, ECI for secure cloud infrastructure, and AI PMDC for modular data centers. These products work together to provide end-to-end AI capabilities from training and education through deployment and operations, serving enterprises, educational institutions, and research organizations.
Differentiator
Problem solved
Functional benefit
Brands
- Elice AX: AI-powered education operations and solutions including AI Helpy Chat, Elice LXP, and Elice Test for organizations and educators
- Elice Cloud
- AI Helpy Chat
- Elice LXP
- Elice Test
- Elice AI Cloud
- ECI
- AI PMDC
- RunBox
- ML API
- DataHub
- EliceLAB
Products and services
- AI Helpy Chat Generative AI solution for organizations that enables AI deployment without building independent infrastructure, providing conversational AI capabilities for enterprise use.
- Elice LXP Education and practice platform for AI transformation, providing hands-on learning environments, auto-grading, tutoring mode, and integrated AI assistants for enterprise and institutional training.
- Elice AI Cloud (RunBox)
- ECI (Elice Cloud Infrastructure)
- AI PMDC (Portable Modular Data Center) Portable Modular Data Center delivering custom AI data centers in 3 months with liquid cooling technology, power supply, and integrated AI infrastructure for on-premise deployment.
- Corporate Training Solutions
- EliceLAB
- Agentic AI Services Training, practice environments through EliceLXP, and organizational consulting services to help companies adopt agentic AI operating models with MCP foundation.
Quantifiable outcome
- Modular data centers deploy in 3 months vs 3-5 years for traditional facilities
- +5 more outcomes
Companies that use Elice
Customer profileNamed customers18 records
Segments5 records
Ideal customer profiles4 records
Elice technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability13 records
Feature8 records
Elice partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- KAISTcoreJoint research institution for MSIT's Generative AI Talent Cultivation Initiative. Consortia member focusing on hyper-personalized adaptive learning ecosystem and domain-specific on-device AI models.
- Seoul National UniversitycoreJoint research institution for government-backed Generative AI Talent Cultivation Initiative. Consortia member for industry-academic collaborative AI research.
- POSTECHcoreJoint research institution for MSIT Generative AI Talent Cultivation Initiative. Consortia member for AI research collaboration.
- Hankuk University of Foreign StudiescoreJoint research institution for government-backed AI talent program. Consortia member for AI research in multilingual and cultural domains.
- Standard EnergycoreMOU for joint development of AI PMDC and vanadium ion battery (VIB) power solutions. Combining Elice's modular data centers with Standard Energy's battery technology for enhanced safety and energy efficiency in AI data centers.
- AICA (Gwangju Artificial Intelligence Industry Cluster Agency)coreSelected as cloud GPU provider for 2026 National AI Data Center Advancement Project. Providing NVIDIA H100 and B200 GPU infrastructure through Elice Cloud for domestic companies, public institutions, and universities.
- MakinaRockscoreMOU for AI Full-Stack infrastructure collaboration in defense and industrial sectors. Integrating MakinaRocks' AI OS Runway with Elice's ECI and AI PMDC for air-gapped network deployments. Expanding into manufacturing, energy, and finance sectors.
- LG AI ResearchcoreElice joined LG AI Research's consortium for Korea's Independent AI Foundation Model project as strategic infrastructure partner. Providing K-EXAONE model deployment through AI PMDC system and integrating into AI Helpy Chat enterprise solution.
- Singapore Ministry of EducationcoreContract to develop digital textbooks for Singapore's Ministry of Education, following regulatory hurdles in South Korea that delayed domestic adoption.
Scale indicators11 records
Recent moves8 records
Expansion highlights2 records
Elice competitors and assessment
Company assessmentDirect peers
- CoreWeave: Specialized GPU cloud provider for AI workloads, comparable to Elice Cloud's RunBox/AI Cloud offering H100/A100/B200 instances for model training and inference to enterprise and research customers.
- Lambda Labs: GPU cloud and deep learning workstation provider serving AI researchers and enterprises with on-demand H100/B200 compute, directly comparable to Elice's Elice Cloud and ML API offerings.
- NHN Cloud: Korean cloud provider ramping GPU cloud and AI data center capacity in direct competition with Elice Cloud for domestic enterprise and public sector workloads.
- DataCamp: Online learning platform focused on data and AI skills with hands-on coding environments, comparable to Elice LXP's coding practice, auto-grading, and AI competency assessments for individual and enterprise learners.
- Pluralsight: Technology skills training platform with skill assessments and enterprise licensing, directly comparable to Elice LXP and Elice Test for corporate digital transformation and AI reskilling programs.
- RunPod: GPU cloud platform offering on-demand H100/A100 instances for AI training and inference, comparable to Elice Cloud's pay-per-use pricing model targeting startups and researchers.
- Vast.ai: GPU marketplace providing affordable on-demand compute for AI workloads, comparable to Elice Cloud's value-oriented GPU offering for startups and academic users.
Broad incumbents
- Coursera: Large-scale online learning platform with enterprise and university offerings in AI/ML, comparable to Elice AX but at significantly greater scale and with broader catalog.
- Samsung SDS: Large Korean IT services and cloud provider committing ~10T KRW to AI infrastructure by 2031, competing with Elice in Korean enterprise and public sector AI cloud and data center deals.
- SK Telecom: Korean telecom building a large-scale AI facility with AWS in Ulsan, representing sovereign-AI competition to Elice's PMDC and GPU cloud offerings in the Korean market.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Elice social profiles
Digital presenceElice compliance and trust
Trust signalCompliance4 records
Elice financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elice leadership team
Management profileNumber of profiles
Profiles3 records
Elice funding detail
Funding detailFunding overview
Funding rounds7 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elice M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elice
What does Elice do?
Elice is an AI full-stack company providing integrated solutions across two divisions: Elice AX delivers AI-powered education, generative AI deployment (AI Helpy Chat), learning platforms (Elice LXP), and competency assessment (Elice Test) for organizational AI transformation. Elice Cloud provides GPU cloud infrastructure (RunBox), secure virtualization (ECI), and portable modular data centers (AI PMDC) with proprietary liquid cooling for AI development and operations.
Is Elice a public or private company?
Elice is a private company. It is classified as venture growth investor backed and is currently operating.
When was Elice founded?
Elice was founded in 2016. It employs 101 to 250 people.
Where is Elice based?
Elice is headquartered in Gangneung, South Korea, in the Asia region.
How does Elice make money?
Four revenue lines are on record. GPU Cloud Services are the primary driver. The others are AI Education Platform Subscriptions, modular Data Center Sales and corporate Training Services.
Who are Elice's main competitors?
Direct peers on record are CoreWeave, Lambda Labs, NHN Cloud, DataCamp, Pluralsight, RunPod and Vast.ai. Broad incumbents are Coursera, Samsung SDS and SK Telecom.
Does Elice have an API?
No public API is recorded for Elice.
What industry is Elice in?
Elice's product category is AI Cloud Infrastructure and Education Platform. Its primary akta.pro industry code is EDAMACAG, AI & Machine Learning (Foundations & Applied), with a secondary code of HDAEANAI, AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI). Its NAICS code is 61143 and its SIC code is 7371.