Praktika AI - About the company
Praktika AI is a series A company based in Wilmington (United States), founded in 2022 by Ilya Chernyakov and Adam Turaev. It operates as an AI-based LMS platform for learning english. Praktika AI has raised $38M in funding from investors like Blue Wire Capital, Blossom Capital and Creator Ventures. The company has 121 active competitors, including 17 that are funded. Its top competitors include companies like Lingokids, SpeakBUDDY and Supernova.
Company Details
AI-based LMS platform for learning english. It provides robotic tools for practicing spoken English. It features real-time feedback and adapt the lessons based on user interactions. It also tracks performance of students during language learning.
- Website
- praktika.ai
- Email ID
- *****@praktika.ai
Key Metrics
Founded Year
2022
Location
Wilmington, United States
Stage
Series A
Total Funding
$38M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 121 active competitors
Employee Count
2 as on Jul 01, 2024
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Praktika AI's funding and investors
Praktika AI has raised a total funding of $38M over 2 rounds. Its latest funding round was a Series A round on May 22, 2024 for $*****. 2 investors participated in its latest round. Praktika AI has 5 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Praktika AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 22, 2024 | 1157662 | Series A | 4908263 | 2376507 | 1280914 | 3039451 |
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Praktika AI's founders and board of directors
Founder? Claim ProfileThe founders of Praktika AI are Ilya Chernyakov and Adam Turaev. Adam Turaev is the CEO of Praktika AI.
Here are the details of Praktika AI's key team members:
- Ilya Chernyakov: Co-Founder & CPO of Praktika AI. Contact Info: 1 email address
- Adam Turaev: Co-Founder & CEO of Praktika AI. Contact Info: 1 email address
View details of Praktika AI's Founder profiles and Board Members
Praktika AI's employee count trend
Praktika AI has 2 employees as of Jul 24. Here is Praktika AI's employee count trend over the years:
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Praktika AI's Competitors and alternates
Top competitors of Praktika AI include Lingokids, SpeakBUDDY and Supernova. Here is the list of Top 10 competitors of Praktika AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based activity driven English learning platform for kids | $186M | 73/100 | ||
2nd |  Praktika AI 2022, Wilmington (United States), Series A | AI-based LMS platform for learning english | $38M | 66/100 | |
3rd |  SpeakBUDDY 2013, Chuo (Japan), Seed | AI-based English language learning solutions | $10.7M | 60/100 | |
4th | AI-powered application for personalized English language learning | $4.67M | 57/100 | ||
5th | Provider of AI powered chatbots for vernacular based English language learning applications | $2.25M | 57/100 | ||
6th |  Lingopanda 2021, Bengaluru (India), Seed | AI-powered English tutoring platform | $264K | 56/100 | |
7th |  Toko Tutor 2020, California City (United States), Seed | Provider of a conversational AI platform for language learning | $500K | 53/100 | |
8th | Educational mobile application focusing on kids from nursery to K-5 | $2.5M | 50/100 | ||
9th |  Kaizen Languages 2018, London (United Kingdom), Deadpooled | AI-based platform providing language learning solution | $548K | 46/100 | |
10th | AI powered english learning app for students | - | 44/100 |
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Praktika AI's Investments and acquisitions
Praktika AI has made no investments or acquisitions yet.
News related to Praktika AI
Media has covered Praktika AI for 1 event in last 1 year, It was about company updates.
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Language app Pratika raises a $35.5M Series A roundTech.eu•May 22, 2024•Praktika AI, Blossom Capital, Creator Ventures, Blue Wire Capital and 1 other
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