English Tutoring Startup MyBuddy Raises $1M in Seed Funding

Financing

English Tutoring Startup MyBuddy Raises $1M in Seed Funding

Apr 7, 2020

MyBuddy.ai, a San Francisco-based startup behind an AI-powered English language learning tool, has raised $1 million in a seed round from LETA Capital.

Founded in 2017, MyBuddy offers an app that delivers vocabulary, pronunciation and listening comprehension exercises through game-like activities. Earlier this year, the company merged with Edwin, which developed chatbot technology for English language learners.

In a statement, MyBuddy claims it has more than 20,000 paying users, with a growing footprint in Asia, Europe and Latin America. The new funds will support the company’s expansion into these regions, as well as the development of a mini-course combining English language and health education.

 

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