Loora: Revolutionizing English Language Learning with AI

February 22, 2024, 7:19 am
Loora
Loora
Location: Israel, Tel Aviv District, Tel Aviv
Employees: 11-50
Founded date: 2020
Total raised: $21.25M
Loora, a Tel Aviv-based AI English language learning company, secured $12M in Series A funding to expand its reach and enhance its AI capabilities. Founded in 2020 by Roy Mor and Yonti Levin, Loora offers a unique platform that leverages generative AI to provide personalized English tutoring experiences. The app allows users to practice English in real-life scenarios, such as job interviews and technical discussions, empowering them to improve their fluency and advance in their careers. With a focus on continuous improvement and user satisfaction, Loora has seen significant growth in user retention and annual recurring revenue. The recent investment from QP Ventures, Hearst Ventures, and existing investors will support Loora in reaching new audiences, enhancing its AI technology, and expanding into Android and enterprise solutions. This funding marks a significant milestone for Loora as it continues to revolutionize English language learning on a global scale.