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, 2024•about 1 year ago
Amount Raised
$35.5 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-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