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Pratika raises $35.5M in a Series A round led by Blossom Capital to enhance language learning app experience and expand to new markets.

May 22, 2024about 1 year ago

Amount Raised

$35.5 Million

Round Type

series a

WilmingtonLanguage LearningE LearningMachine LearningArtificial IntelligenceEducation

Investors

Patrice EvraBlossom Capital

Description

Pratika, a language learning app, has secured $35.5M in Series A funding led by Blossom Capital. The funding will be used to improve the app experience, avatar accuracy, add new languages, and establish new development hubs in Eastern Europe and the UAE.

Company Information

Company

Pratika

Location

Wilmington, Delaware, United States

About

Immersive language learning app with generative AI Avatars. Engage in fun and interactive language learning with LLM-powered AI Avatars. Empowering next billion learners to overcome language barriers and seize new opportunities.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech