Loora
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Loora - overview
Established
2020
Location
Tel Aviv, -, Israel
Primary Industry
Software
About
Based in Tel Aviv, Isreal, and founded in 2020 by CEO Roy Mor and co-founder Yonti Levin, Loora A. I Ltd. operates as an artificial intelligence (AI) based EdTech company. In February 2024, Loora raised USD 12 million in series A funding led by new investor QP Ventures, with participation from another new investor Hearst Ventures.
Returning investors Emerge, Two Lanterns Venture Partners and other unspecified investors also participated in the round. The company helps individuals achieve fluency in English through its education platform, AI English Tutor available in App Store. Loora's product allows learners to practice real-life English in a variety of situations, such as business meetings, job interviews, and casual conversations. The AI tutor also provides instant evaluation and feedback on pronunciation, grammar, rephrasing, and accent, enabling continuous improvement and boosting learners' confidence.
Loora plans to utilize its February 2024 funding to increase the team, enhance its products through AI capabilities, and expand its global footprint.
Current Investors
Kaedan Capital Group, Emerge Ventures , Two Lanterns Venture Partners
Primary Industry
Software
Sub Industries
Education & Training Software
Website
www.loora.ai
Verticals
Artificial Intelligence, EdTech
Company Stage
Series A
Total Amount Raised
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