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Loora lands $12 million Series A for generative AI English learning platform

PRIVATEFeb 21, 2024

Amount Raised

$12 Million

Round Type

Series A

Tel AvivEducationE Learning

Investors

Two Lanterns Venture PartnersEmergeHearst VenturesQP Ventures

Description

Loora announced that it raised $12 million in a Series A financing round led by QP Ventures, with participation from new investor Hearst Ventures and existing investors Emerge and Two Lanterns Venture Partners, among others.

Quick answer

Loora raised $12 Million in a Series A round, dated February 21, 2024. Investors: Two Lanterns Venture Partners, Emerge, Hearst Ventures and QP Ventures. Loora is based in Tel Aviv, Tel Aviv District, Israel.

How much did Loora raise?
Loora raised $12 Million in a Series A round on February 21, 2024.
Who invested in Loora?
Two Lanterns Venture Partners, Emerge, Hearst Ventures and QP Ventures are named as investors in this round.
What does Loora do?
Founded by Roy Mor and Yonti Levin in 2020, Loora harnesses the power of generative AI purpose-built to make English fluency attainable and accessible.
Where is Loora based and how big is it?
Loora is based in Tel Aviv, Tel Aviv District, Israel.
Who are the decision-makers at Loora?
Fundz holds 5 contacts at Loora, including the Head of Talent Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as Loora that raised within 45 days of this round, from Fundz verified event records.

  • Ada raised an undisclosed amount (Pre-Series A) on April 6, 2024.
  • POSTMATH raised $2.4M (Series A) on April 3, 2024.
  • Modal raised $25M (Funding Round) on April 2, 2024.
  • Chalk Talk Solutions raised $2.6M (Seed) on April 1, 2024.
  • Aviotron Aerospace raised $700M (Pre-Series A) on March 30, 2024.
  • Veranda Learning Solutions Ltd raised $425M (Debt Financing) on March 28, 2024.

Who to call at Loora, and when

A new round usually means Loora is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Loora

Location

Tel Aviv, Tel Aviv District, Israel

About

Founded by Roy Mor and Yonti Levin in 2020, Loora harnesses the power of generative AI purpose-built to make English fluency attainable and accessible. Engaging with the virtual language coach's conversational AI is tantamount to practicing with a native English speaker, but on the learner's own terms. Loora is available 24/7, provides feedback on grammar, pronunciation, and accent without judgment, and is significantly more affordable than a private tutor, enabling users to practice at their leisure, to speak with confidence, and to unlock professional and personal growth opportunities. For more information visit, https://loora.ai. To download Loora, click here.

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Fundz sees it the moment Loora raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsAliza G., Head of Talent Acquisition hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Loora raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.