IBL News | New York
Praktika, a Palo Alto, California–based start-up that lets users create personalized AI avatars as 1-1 tutors for learning languages through its app, secured a $35.5 million Series A funding round led by Blossom Capital.
The round follows a $2.5 million seed fundraiser by Creator Ventures and Blue Wire Capital.
Praktika claims it has generated $20 million in the last year, with 1.2 million active monthly users.
AI avatars tailor lessons for users by mimicking human-to-human interaction and speaking with several accents, such as American, British, Asian, and Indian.
