# Praktika.ai

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

- Industry: Education/Training
- Headquarters: Palo Alto, US
- Website: www.praktika.ai
- Total disclosed funding: $33M
- Latest round: Series A (May 22, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2022 by Chief Executive Officer Adam Turaev, Chief Technology Officer Anton Marin, and Chief Product Officer Ilya Chernyakov, Praktika.ai operates as an edutech company providing language learning smartphone applications for users to get customized artificial intelligence-based avatars for learning. In May 2024, Praktika.ai raised EUR 29.9 million in Series A funding led by Blossom Capital, with participation from Blue Wire Capital and Creator Ventures.

Praktika.ai developed a language learning app, which is an interactive learning platform providing personalizing lessons based on the learner's skills, progress, and preferences. It allows users to create a digital avatar based on artificial intelligence. The company’s application includes over 1,000 lessons and various characters, allowing users to practice and improve their language skills. In addition, the firm provides a variety of features such as real-time feedback, human-like voice and appearance, accurate lip-syncing, and emotional mimicry make the learning process engaging. As of 2024, the company has developed a mobile application platform for Android and iOS smartphone users.

## Funding rounds

- Series A, May 22, 2024, $33M — Blue Wire Capital, Blossom, Creator Ventures
- Seed, date not disclosed — Blue Wire Capital, Creator Ventures

## Investors

- Blue Wire Capital (https://capitalatlas.ai/funds/blue-wire-capital) — Seed, Series A
- Creator Ventures (https://capitalatlas.ai/funds/creator-ventures) — Seed, Series A
- Blossom (https://capitalatlas.ai/funds/blossom) — Series A
