42.2 F
New York
Tuesday, January 19, 2021

-

Home Education AllRight , an English learning app for children, raises $5M to scale-up...

AllRight , an English learning app for children, raises $5M to scale-up from Genesis Investments – TechCrunch

Document Analysis NLP IA

357
WORDS

WORDS
1:47
Reading Time

Reading Time
neutral
sentiment

Sentiment0.054863147605083
objective
redaction

Subjectivity0.27152981427175
it's an affirmation
Affirmation0.67592592592593

Highlights

RELEVANT
FREQ, RAKE or TFIDF
Entity
ORG
Entity
PERSON
Entity
PRODUCT
Entity
OTHER
Key Concepts (and relevance score)

Summary (IA Generated)

AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with ‘AI-powered’ tutors.

5 billion English language learners globally and the number of children among them reached 500 million in 2020.

The global English language learning market is projected to reach $55 billion by 2025, growing at 7% annually, according to reports.

Since its launch in 2017 AllRight has launched Spanish – English, Polish – English, and Russian – English language pairs and garnered 9,000 students, who take 50,000 lessons per month.

The learning process is powered by a real-time collaboration platform for teachers and students, doing live lessons online with lessons ‘quality controlled by AI’ and an ‘AI-powered tutor’ with a voice-only interface with speech recognition and synthesis.

Vitaly Laptenok, General Partner of Genesis Investments said: “This is the biggest deal of Genesis Investments by date…The platform currently demonstrates 3x year-over-year growth and the team supports these dynamics by entering new markets and scaling there.


131FansLike
3FollowersFollow
16FollowersFollow