Loora Overview
Loora is on a mission to transform education and eradicate language barriers through its cutting-edge AI technology. By creating the world's first personal AI English tutor, Loora provides learners with an accessible, reliable, and always available conversation partner, who can engage in any topic, provide instant feedback on language skills, and guide them on their journey to fluency. This innovative solution can empower over a billion English learners worldwide, enabling them to conquer language obstacles, access better opportunities, and unlock their full potential.
Cumulative Funding Raised Over Time ($)
$12.0MFeb 2024
$21.3MJul 2021
$21.3MNov 2020
Latest News
Loora Launches Android App to Expand Access to its AI English Tutor
growth-positive
AI English Language Learning Company Loora Welcomes Yulia Karasik as Vice President of Marketing
AI English language learning company, Loora, has announced the appointment of Yulia Karasik as its Vice President of Marketing. Karasik, who has previously worked with Lightricks and AI21 Labs, will be responsible for driving Looras growth and expanding its market reach. The company has seen substantial growth recently, with an 8X increase in ARR and 2X improvement in user retention over the past year. Looras AI training methodology and proprietary data have been instrumental in this growth. The company has thousands of paying subscribers across the US, Europe, Asia, and Latin America.
Management ChangesExpand
growth-positive
Loora lands $12 million Series A for generative AI English learning platform | CTech
Loora, an Israeli startup that provides an AI-powered English language learning platform, has raised $12 million in a Series A funding round. The round was led by QP Ventures and included participation from Hearst Ventures, Emerge, and Two Lanterns Venture Partners. The funding will be used to expand the team, advance the AI capabilities of its mobile app platform, and extend its market reach. The company, which was launched in 2020, currently has 14 employees and plans to add another 25.
InvestmentExpand
growth-positive
Loora lands $9.25 million in Seed to democratize English fluency | CTech
Loora, an AI English language learning company, has announced a $9.25 million investment from Emerge, Two Lanterns Venture Partners, and Kaedan Capital. The company aims to make English fluency attainable for over a billion people worldwide. Looras AI is designed to provide a personalized English learning experience, offering real-time feedback similar to conversing with a native English speaker. The company, founded in 2020 and headquartered in Tel Aviv, plans to use the funding to expand its AI capabilities and increase its marketing efforts.
InvestmentExpand
| Sector | Education & Knowledge Technologies |
Funding
| Total funding | $21.25M |
| Last funding | $12M |
| Stage | A |
| Rounds | 3 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.loora.com |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Yitzhak Sadeh St 8, Tel Aviv-Yafo, Israel
Photos & Videos
1 item(s)
Loora Business
Business models
B2B2C, B2C
Product stage
Released
Employees
11-50
Sector
Education & Knowledge TechnologiesLearning/Self Learning ApplicationsTarget Customer
EducationConsumersCore Technology
Artificial IntelligenceChatbotsMachine LearningNatural Language ProcessingGenerative AIPlatforms & InterfacesSoftwareWebTags (13)
educationwell-beingchatbotsoftware-applicationse-learningmachine-learningartificial-intelligencemobile-applicationsself-learninglanguagenatural-language-processingedtechweb-platformLoora Financials
$21.25M
Total funding
Undisclosed
Capital raised
$12M
Last funding
A
Funding stage
3
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$12.0MFeb 2024
$21.3MJul 2021
$21.3MNov 2020
Private Equity Funding
A Round
Feb 2024
$12M
QP Ventures (Lead)
,
Hearst Ventures, Two Lanterns Venture Capital, Emerge Capital
Seed
Jul 2021
$9.25M
Emerge (Lead)
,
Two Lanterns Venture Capital, Kaedan Capital
Seed
Nov 2020
Undisclosed
Kaedan Capital
Loora Lifecycle
Cumulative Funding Raised Over Time
$12.0MFeb 2024
$21.3MJul 2021
$21.3MNov 2020
All Events
A Round
Feb 2024
$12M
QP Ventures (Lead)
,
Hearst Ventures, Two Lanterns Venture Capital, Emerge Capital
Seed
Jul 2021
$9.25M
Emerge (Lead)
,
Two Lanterns Venture Capital, Kaedan Capital
Seed
Nov 2020
Undisclosed
Kaedan Capital
Loora News
4 articlesLoora Launches Android App to Expand Access to its AI English Tutor
growth-positive
AI English Language Learning Company Loora Welcomes Yulia Karasik as Vice President of Marketing
AI English language learning company, Loora, has announced the appointment of Yulia Karasik as its Vice President of Marketing. Karasik, who has previously worked with Lightricks and AI21 Labs, will be responsible for driving Looras growth and expanding its market reach. The company has seen substantial growth recently, with an 8X increase in ARR and 2X improvement in user retention over the past year. Looras AI training methodology and proprietary data have been instrumental in this growth. The company has thousands of paying subscribers across the US, Europe, Asia, and Latin America.
Management ChangesExpand
growth-positive
Loora lands $12 million Series A for generative AI English learning platform | CTech
Loora, an Israeli startup that provides an AI-powered English language learning platform, has raised $12 million in a Series A funding round. The round was led by QP Ventures and included participation from Hearst Ventures, Emerge, and Two Lanterns Venture Partners. The funding will be used to expand the team, advance the AI capabilities of its mobile app platform, and extend its market reach. The company, which was launched in 2020, currently has 14 employees and plans to add another 25.
InvestmentExpand
growth-positive
Loora lands $9.25 million in Seed to democratize English fluency | CTech
Loora, an AI English language learning company, has announced a $9.25 million investment from Emerge, Two Lanterns Venture Partners, and Kaedan Capital. The company aims to make English fluency attainable for over a billion people worldwide. Looras AI is designed to provide a personalized English learning experience, offering real-time feedback similar to conversing with a native English speaker. The company, founded in 2020 and headquartered in Tel Aviv, plans to use the funding to expand its AI capabilities and increase its marketing efforts.
InvestmentExpand
Loora Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 45 |
| Team members | 4 |
Similar Companies
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Loora Internal
Recent Updates
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Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516247863 |
| Crunchbase | loora |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2024-03-26T00:00:00.000Z |
| Created | 2021-01-13T00:00:00.000Z |
| Claimed | Yes |