# Luka

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.replika.ai
- Total disclosed funding: $11M
- Latest round: Series A (Nov 30, 2017)
- Investors on record: 5

## About

Luka, Inc., based in the US, specializes in advanced AI technology, creating a chatbot designed to engage users in meaningful conversations, offering emotional support and companionship.Founded in 2015 in San Francisco, US, Luka, Inc. develops AI-driven companions that foster user interaction. The company has undergone strategic pivots, focusing on enhancing its chatbot technology. CEO Eugenia Kuyda, one of its founders, has experience in the tech industry, contributing to the company's innovative approach. In November 2017, Luka, Inc. raised USD 6.5 mn in Series A funding led by Khosla Ventures, with participation from ACME Capital. This round was part of a larger USD 10.92 mn fundraising effort and has been pivotal in expanding its operations.Replika offers an AI companion designed for engaging conversations and emotional support. The core product, an AI-driven chatbot, adapts to users' communication styles, providing a non-judgmental space for personal expression. It serves individuals seeking companionship or guidance, with a diverse client base across North America, Europe, and parts of Asia, addressing emotional needs in urban environments.Replika generates revenue primarily through a subscription-based model, offering various pricing plans that unlock enhanced features for users. These subscriptions provide access to personalized experiences and advanced conversation topics with AI companions. The company focuses on direct-to-consumer relationships, enhancing user loyalty as subscribers experience tailored interactions with their AI counterpart. The subscription-based approach is central to Replika’s revenue strategy, reflecting the demand for technology-driven emotional support solutions.Luka, Inc. plans to leverage the USD 6.5 mn raised in Series A funding to expand its user base and further develop its chatbot technology. The company aims to enhance its product offerings, with potential new features designed to enrich user interaction. Additionally, Luka, Inc. is targeting expansion into new markets, particularly in Europe and Asia, by the end of 2018, to broaden its reach and address the growing demand for AI companionship.

## Funding rounds

- Series A, Nov 30, 2017, $6.5M — Khosla Ventures, ACME Capital
- Series A, Apr 8, 2016, $4.4M — Ludlow Ventures, Y Combinator, ACME Capital
- Seed, Dec 1, 2014, $0.1M — Y Combinator, Zillionize Angel

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Series A
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A