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Praktika secures $32.5M Series A funding round

Praktika secures $32.5M Series A funding round
Praktika secures $32.5M Series A funding round

Praktika, a London-based language learning app startup, secured $32.5M in Series A funding.

The round was led by Blossom Capital, following a $2.5M Seed round by Creator Ventures and Blue Wire Capital, with participation from ElevenLabs' Carles Reina and football star Patrice Evra.

Praktika will use the funds to enhance app experience, improve avatar accuracy, and introduce new languages including Spanish, French, and German. Additionally, the company plans to set up new development hubs in Eastern Europe and the UAE.

Founded by CEO Adam Turaev, CTO Anton Marin, and CPO Ilya Chernyakov, Praktika leverages AI-powered avatars to provide personalized language learning. The app has grown to over one million active users and generates nearly $20M annually.

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