Edtech

$23M for you to speak English like a native speaker

September 14, 2023
Image from ELSA

Do you want to build a snowman with ELSA? You can’t. 

But, you can learn English from their app! They’re an adaptive learning platform that uses AI and speech recognition tech to improve your pronunciation and fluency.

  • And they just raised a $23M Series C
  • Who they target? Students and professionals who want to improve their English-speaking skills to stand out from the rest of the workforce.

Mr. Worldwide? ELSA has offices in San Francisco, Lisbon, and Ho Chi Minh City!

Investor check. UOB Venture Management led the round, while UniPresident, Aozora Bank, Vietnam Investments Group, Development Bank of Japan, Gradient Ventures, Monk’s Hill Ventures, and Global Ventures also joined in. 

  • ELSA last raised a $15 million Series B back in 2021

🗣️ Speak to me

You can know all the words and have perfect grammar, but if your pronunciation is off and you miss cultural nuances, it can be difficult to connect with native speakers. 

Some things you can only learn from speaking with a native-level tutor. 

  • Don’t have someone like that? ELSA’s new voice-based AI tutor helps you improve your conversational skills by role-playing different scenarios. 
  • And they give feedback on your pronunciation, grammar, cadence, and tone!

The tech. They use a speech analyzer to give you real-time feedback. Oh, and their AI analyzes your performance so it can customize your lessons.

  • ELSA Speak. They also have bite-sized lessons, short assessments, and mock exams to help you improve.

🚘 Around the world

They’ll use the $$$ to grow their platform and expand globally. 

  • They want to grow further in Taiwan, expand to the Middle East and Turkey, and build upon their success in Japan.

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