# AKA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aka

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.akaintelligence.com
- Total disclosed funding: $4M
- Latest round: Series A (Jul 24, 2013)
- Investors on record: 4

## About

Based in the USA, AKA is a robotic software and artificial intelligence company focused on enhancing language learning and mental health through innovative technology solutions.Founded in 2013 and headquartered in Santa Monica, US, AKA develops AI-driven products for English language learning and cognitive support. The company has successfully completed 3 funding deals, with the latest being a Series B round in January 2021, where it raised USD 17.5 mn led by Quad Asset Management. The CEOs include Enrique Ros, Jane Gravbråten, Jerry Gregg, Nikolaus Schultz, and Saraswata Putra.AKA offers advanced products and services primarily focused on English language learning, mental health support, and cognitive enhancement through innovative AI technologies. Their core offerings include Musio, an AI-powered mobile app for practicing English; Musio Social Robot for interactive learning; ReSmart, an AI life-coaching platform; and Alive, a mental health app providing tools like a Mood Diary and AI Counselor. The target markets include North America, Europe, and parts of Asia, focusing on educational institutions and individual learners.AKA generates revenue through subscription models and partnerships with educational institutions and corporations. Clients purchase subscriptions for services such as Musio and ReSmart, often engaging in bulk agreements for educational institutions. Direct-to-consumer sales are also prevalent, particularly for the mental health app Alive, which involves subscription fees for premium features, supporting sustained engagement with users.Following the Series B funding of USD 17.5 mn in January 2021, led by Quad Asset Management, AKA plans to enhance its communication AI engine, Muse, and the social robot offerings MUSIO & PEPPER. The company aims to expand its product range and geographic presence, specifically targeting new markets in Asia and Europe by 2023.

## Funding rounds

- Series A, Jul 24, 2013, $4M — Formation8, Kesef Investments, EOGF Partners, TECHNO PACIFIC ASSETS LTD

## Investors

- Formation8 (https://capitalatlas.ai/funds/formation8) — Series A
- Kesef Investments — Series A
- EOGF Partners — Series A
- TECHNO PACIFIC ASSETS LTD — Series A