a year ago

Praktika Raises €29.9 Million to Personalize Language Learning with AI-Powered Avatars

  • Praktika, a language learning app that uses AI-powered avatars, has raised €29.9 million in Series A funding led by Blossom Capital

  • The funding will be used to improve the app experience, add new languages, and establish new development hubs

  • Praktika has achieved global momentum with 1.2 million active monthly users across 100 countries and has grown rapidly to almost $20m in annualized revenues in the last 12 months.

      • ProblemEducation

      "Learning a new language can be difficult and expensive, with traditional methods often lacking personalisation and engagement."

      Solution

      "Praktika offers personalised language learning through AI-powered avatar tutors, providing an engaging and affordable alternative to traditional methods."

      Covered on