Buddy.ai raises an $11M Seed Round from BITKRAFT Ventures, Educapital, Goodwater, J Ventures, LETA Capital, One Way Ventures, Point72 Ventures, and angels to bring fun, AI-powered language learning to kids globally! 🕹️💡🎉
Big congrats to Ivan Crewkov, Dima Plotnikov and the fantastic Buddy.ai team with a decade-long track record of successful entrepreneurship in cross-platform intelligent assistants, natural language processing, and voice/touch-based user experiences!
Originally started to support his own family’s learning needs after moving to the U.S. 7 years ago, they have quietly grown with high capital efficiently ever since.
The traditional 1-on-1 teacher-to-child education model is unaffordable for many families and not scalable for teachers.
Buddy.ai is the world's first multimodal, conversational AI tutor designed to teach young children English, in their mission to make quality education accessible and bring bright smiles to every child.
Besides their outstanding talent in AI and Early Learning, Buddy.ai differentiates through:
😄 1. Making learning fun: Engaging interactive learning experiences with an animated AI tutor, Buddy, to make language acquisition feel natural and fun.
🌍 2. Global access: With 50M downloads and 20M monthly active users, Buddy.ai is already democratizing language learning across the globe.
🎯 3. Personalized tutoring: Adapting to each child’s learning pace, dynamically tailored lessons create high efficacy for every session.
⚙️ 4. Technical depth: COPPA-compliant speech recognition, purpose-built to understand and engage children safely and effectively—outperforming other systems by a mile, as it understands young, accented speech across 9 languages (and much more!).
💪 5. B2C & B2B Traction: Strong engagement and top-tier metrics in B2C, and executing B2B opportunities across education and entertainment IP stakeholders.
🎙️ TechCrunch Interview with Ivan:
https://lnkd.in/gDgUT3_Y
We’re very grateful for the opportunity to lead the team’s Seed round, and put our shoulders behind Buddy.ai alongside old and new friends.
This funding will accelerate Buddy.ai's mission to reach even more kids worldwide, expand their learning experiences, and continue pushing the boundaries of what AI can achieve in education.
If you’re a parent, give it a try at https://buddy.ai/. If not, tell other parents about it! :)
We can’t wait to support Buddy.ai as they set out to lead the AI revolution in early childhood education! 🚀
Cc: Candace K., Scott Rupp, Marie Geneste, Géraldine Fillet, Alexandre Glaser, Coddy Johnson, Leonard Langenscheidt, John Nordin, Sergey Toporov, Eugene Malobrodsky, Benjamin Shor, Ishan Sinha, Oksana Kubushyna, Brendan Mulligan
#EdTech #Gaming #VentureCapital #Seed #AI #LanguageLearning #EarlyLearning #BuddyAI #BITKRAFT