Artificial intelligence-supported language learning application Praktika received an investment of $35.5 million

It is an artificial intelligence-supported language learning application. Practiceannounced that it received a new investment. According to the information provided by Praktika, the startup is in the A series investment round. $35.5 million received investment. Praktika’s $35.5 million series A investment round, Blossom Capital took place under his leadership.

Apart from Blossom Capital, the investment round Creator Ventures, Blue Wire Capital, Carles Reina and former football player Patrice Evra also participated. Praktika, which previously received a seed investment of 2.5 million dollars, has received a total investment of 38 million dollars to date.

in 2022 Adam Turaev, Anton Marin ve Ilya Chernyakov Founded in the USA by Praktika, it essentially serves as a language learning application. The company also uses artificial intelligence technologies to facilitate language learning and enables its users to create personalized artificial intelligence-supported avatars. Thanks to these avatars, Praktika users can learn languages ​​as if they were working with a real teacher.

Let’s also add that Praktika is a very fast growing company. According to the information provided by Praktika, the company operates in 100 countries in total. 1.2 million monthly active users is available. The company generated $20 million in total revenue over the last 12 months.

Praktika uses multiple artificial intelligence models GPT-4, GP Turbo, Gemini, Claude ve MistralLet’s also share that you use . The $35.5 million investment received will be used to improve the application experience and avatars, as well as to include new languages ​​such as Spanish, French and German on the platform.