Tech Company Financing Transactions
Loora Funding Round
Emerge, Hearst Ventures and Two Lanterns Venture Partners participated in a $12 million Series A funding round for Loora. The round was recorded on 2/21/2024.
Transaction Overview
Company Name
Announced On
2/21/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand its team, advance the proprietary AI capabilities fueling its mobile app platform, and extend its market reach to new audiences in the coming months.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
8 Itzhak Sade St.
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Loora is the first-ever personal AI English tutor! Loora is here to make language learning easy, affordable, and always available for everyone by providing you with your own personal AI English tutor. An AI tutor that is always available to talk about whatever you want, give you immediate feedback on your English skills, and guide you on your journey to fluency.
Management Team
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