About Loora
Loora is a company based in Tel Aviv (Israel) founded in 2020. It operates as a AI-as-a-Service, Subscription Services, and EduTech. Loora has raised $21.25 million across 2 funding rounds from investors including Emerge, Hearst and QP Ventures. Loora offers products and services including Loora AI English Tutor. Loora operates in a competitive market with competitors including Lingokids, Utter, Lingopanda, Lingio and SpeakBUDDY, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Loora Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$21.25 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Feb 15, 2024
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Investors
Emerge
& 7 more
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Employee Count
Not available
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Products & Services of Loora
Loora offers a comprehensive portfolio of products and services, including Loora AI English Tutor.
AI tutor for personalized English speaking practice provided.
Funding Insights of Loora
Loora has successfully raised a total of $21.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Loora
Loora has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Emerge, Hearst and QP Ventures.
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Support is provided to startups by Emerge Ventures.
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Investor details for Loora
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Investments & Acquisitions by Loora
Investment portfolio details for Loora
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Financial Statements - Loora
Detailed financials for Loora
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Loora Comparisons
Peer comparison for Loora
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Competitors of Loora
Loora operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lingokids, Utter, Lingopanda, Lingio and SpeakBUDDY, among others.
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Activity-driven English learning for kids is provided via mobile app.
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AI-powered chatbots for vernacular English learning applications are provided.
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English learning is enabled by AI videos and speech assessment.
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Mobile-first platform for frontline worker training and development is offered.
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AI-based English language learning solutions are offered for iOS users.
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Detailed competitors of Loora
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Loora
Complete news archive for Loora
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Frequently Asked Questions about Loora
Loora was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Loora is headquartered in Tel Aviv, Israel.
Loora is a funded company, having raised a total of $21.25M across 2 funding rounds to date.
Loora is built as an advanced AI English tutor application focused on helping users achieve fluency in English. Personalized conversations and real-time feedback are provided to enhance pronunciation, grammar, and overall speaking skills. The app is designed for various real-life situations, including business meetings and job interviews. Users are supported in a judgment-free environment to boost confidence. The education technology sector is primarily served, targeting individuals seeking career, business, and personal growth through language mastery.
Loora's top competitors include Lingokids, Lingopanda and Utter.
Loora offers Loora AI English Tutor.
Loora has 8 investors. Key investors include Emerge, Hearst, QP Ventures, Two Lanterns Venture Partners, and Kaedan Capital.