Generative AI Education Startup Loora Raises $9.25M

Loora, a generative AI education startup, has raised $9.25 million in seed funding led by Emerge. The company’s voice-based English teacher app uses generative AI to engage in conversation with users, helping them expand and correct their linguistic skills.

Introduction

Loora has been secretly developing its iOS app since 2020 and is also working on an Android app. With Loora’s app, users can discuss any subject with the AI and receive feedback on their word choice, syntax, accents, and other speech elements. The app utilizes large language models that have been fine-tuned and trained on the startup’s data. It processes user input with a speech-to-text model and selects the appropriate language model to respond.

Main Points

• Loora claims to already have several thousand subscribers, with 71% signing up for professional reasons.
• The generative AI English tutor costs $15 a month or $120 a year, making it a more affordable alternative to a human tutor.
• Loora emphasizes the importance of English language skills for professional success and aims to provide an accessible and impactful English learning solution.

Conclusion

While other companies, such as OpenAI and Duolingo, have integrated generative AI into education, Loora stands out for replicating the experience of speaking vocally with a human tutor. With a billion people worldwide learning English, Loora has a significant potential user base. The funding raised in this round will further support the development and expansion of Loora’s AI education platform.