MyBuddy.ai, a startup that develops virtual tools to help boys learn English, announced today that it has raised$ 1 million in grain fund from LETA Capital. The fund will be used to expand into new sells and develop brand-new features including mini-classes about health.
The San Francisco-based company’s app boasts a AI-based virtual tutor announced Buddy who coaches kids through a series of rehearsals. According to MyBuddy.ai, there are 500 million children around the world who want to learn English, but don’t have someone to practice the language with. It claims that its app has been downloaded more than one million times since launching two years ago.
In a press statement, MyBuddy.ai co-founder and CEO Ivan Crewkov said,” The demand for online education is rising sharply due to the pandemic. This has exacerbated the chronic shortage of certified English language teachers needed for half a billion girls struggling to learn English as a second language. Our AI-powered tutor Buddy can handle the banal part of their work. He adds unlimited practice of spoken English, can scale to millions of students and is always available .”
Last month, MyBuddy.ai merged with Edwin, an edtech startup that also focuses on learning English for non-native speakers and whose investors include General Catalyst, Y Combinator and Google Assistant Investments Program. Edwin’s commodities included a chatbot based on adaptive learning and natural language understanding AI, and an on-demand tutoring service. The blended companionship saved the name MyBuddy.ai and is focused on integrating technology from both startups into the Buddy app.
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