# Ello Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ello-technology

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.ello.com
- Total disclosed funding: $13M
- Latest round: Series A (May 8, 2023)
- Investors on record: 10

## About

Based in California, US, and co-founded by Tom Sayer (CEO), Elizabeth Adams (CXO), and Catalin Voss (CTO) in 2021, Ello Technology, Inc. operates as an education and training services company offering artificial intelligence-based reading coaching solutions. In September 2023, the firm raised USD 15 million in series A funding led by investor Goodwater Capital, with participation from other investors Common Sense Ventures, Homebrew, and Ravensburger AG. Khosla Ventures, Y Combinator, etc.

The company offers an artificial intelligence (AI) based reading coach, called Read with Ello for kids education from kindergarten to class 12. Read with Ello, a mobile application available in Google Play, App Store, and Amazon Appstore, works with real books to support young readers with evidence-based instruction and motivation. Ello also utilizes natural language processing to engage children in an intuitive and interactive learning experience. Additionally, the platform enhances early childhood education by providing personalized support tailored to each child's interests and developmental needs.

The company plans to utilize September 2023 funding to expand its operations and business reach.

## Funding rounds

- Series A, May 8, 2023, $13M — Khosla Ventures, Y Combinator, Project A, Ravensburger AG, Homebrew, Goodwater Capital, Reach Capital, WndrCo, Visible Ventures, Common Sense Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Project A (https://capitalatlas.ai/funds/project-a) — Series A
- Ravensburger AG — Series A
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Reach Capital — Series A
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series A
- Visible Ventures (https://capitalatlas.ai/funds/visible-ventures) — Series A
- Common Sense Ventures — Series A