Loora raises $22m Series B to expand AI research and international growth
Union Tech Ventures led Loora’s $22m Series B, bringing cumulative funding to $43.25m.
Union Tech Ventures led the financing, with vgames, QP Ventures, Emerge Ventures and Hearst Ventures participating. The $22m round brings Loora’s cumulative funding to $43.25m.
Loora plans to scale AI research and engineering, expand its data and research infrastructure, and accelerate international go-to-market work. The company reports 15 million learners and 200 million interactions, providing a base of conversational practice data for its English-learning service.
Use of funds
Scale AI research and engineering
Accelerate international go-to-market
Expand data and research infrastructure