# Amira Learning

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amira-learning

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.amiralearning.com
- Total disclosed funding: $19M
- Latest round: Series B (Apr 15, 2021)
- Investors on record: 6

## About

Amira Learning, Inc. is a US-based company that specializes in providing AI-driven educational tools focused on enhancing literacy development for students, aiming to improve reading skills via personalized support and assessments.Founded in 2018 in San Francisco, US, Amira Learning, Inc. is dedicated to advancing literacy through AI technology. The company was established by Pete Jungwirth and has raised a total of USD 11.30 mn through 4 funding deals, with the latest being a Series B round led by Authentic Ventures. The company primarily serves the US education sector, with plans for future expansion.Amira Learning offers an innovative suite of AI-driven educational products designed to enhance literacy development among students. The core product, Amira Reading Suite, leverages advanced speech recognition and natural language processing technologies to provide personalized reading support and real-time assessments as students read aloud. This platform addresses various reading difficulties by delivering tailored micro-interventions based on decades of research in reading and neuroscience. Amira's services are utilized by educators, parents, and literacy specialists across thousands of educational institutions, enriching the reading experiences of over 4 million students globally. The company serves a diverse clientele, including schools and districts primarily in the United States, with intentions to expand into international markets as demand for effective literacy solutions grows.Amira Learning generates revenue through subscription-based models aimed at educational institutions. Schools and districts enter into agreements for access to the Amira Reading Suite and related products, which are designed to integrate seamlessly with existing literacy curricula. Transactions typically involve multi-year contracts, where pricing structures reflect the scale and specific needs of the institution. These engagements often include partnerships that provide ongoing support and training for educators to maximize the effectiveness of the Amira platform. The revenue model emphasizes long-term relationships with clients, rooted in delivering measurable reading growth and improved literacy outcomes for students.Amira Learning, Inc. plans to utilize its recent funding to accelerate the development of new educational tools and expand its market reach. The company is looking to introduce updated versions of the Amira Reading Suite by mid-2024 and aims to enter international markets, with specific focus on Europe and Asia, by the end of 2025. Recent venture funding from Outcomes Collective will support these strategic initiatives, enhancing their product offerings and market presence.

## Funding rounds

- Series B, Apr 15, 2021, $11M — Rethink Capital Partners, Vertical Venture Partners, OWL Ventures, Authentic Ventures
- Series A, Jul 23, 2019, $5M — Houghton Mifflin Harcourt Company, Rethink Capital Partners, GSV Asset Management, OWL Ventures
- Seed, Aug 15, 2018, $3M — Vertical Venture Partners

## Investors

- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Seed, Series B
- Houghton Mifflin Harcourt Company — Series A
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A, Series B
- GSV Asset Management — Series A
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series A, Series B
- Authentic Ventures (https://capitalatlas.ai/funds/authentic-ventures) — Series B