
Praktika.ai
Founded Year
2022Stage
Series A | AliveTotal Raised
$35.5MLast Raised
$35.5M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+42 points in the past 30 days
About Praktika.ai
Praktika.ai is a language learning platform that leverages generative AI avatar tutors to enhance English language acquisition. The company offers an app-based learning experience with personalized, AI-driven exercises and real-time feedback to facilitate English mastery. Praktika.ai primarily serves individuals seeking to improve their English language skills through technology. It was founded in 2022 and is based in Wilmington, Delaware.
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Praktika.ai's Product Videos

Praktika.ai's Products & Differentiators
Praktika
Immersive language learning app with LLM-powered AI Avatars
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Research containing Praktika.ai
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Praktika.ai in 2 CB Insights research briefs, most recently on Aug 14, 2024.
Expert Collections containing Praktika.ai
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Praktika.ai is included in 3 Expert Collections, including Generative AI.
Generative AI
2,808 items
Companies working on generative AI applications and infrastructure.
Education Technology (Edtech)
3,429 items
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Artificial Intelligence
10,195 items
Latest Praktika.ai News
Aug 24, 2022
TechBullion According to recent research by Regus, nearly 50% of leading businesses have considered relocating their workforce to the metaverse. And 66% view the virtual world as “the natural progression for hybrid working.” Hiring in the metaverse will be a novel upgrade for HR departments, and it’s already being put into practice. One early use case is Prince Edward Island in Canada. The remote province, far from population centers and medical schools, now uses virtual reality as a tool for recruiting doctors to its clinics. As a part of the project, physicians receive a package that includes a VR headset preloaded with scenes of the island, and a virtual visit on site at local healthcare facilities. Doctors can walk through simulated hospital hallways, get a sense of the clinic’s size and medical equipment, and take a tour of community landmarks. Communication barriers, whether linguistic or cultural, will become irrelevant for job seekers the metaverse, believes Adam Turaev, the founder at Praktika.ai. Currently, his platform allows non-native speakers to “rehearse” real-life situations, such as job interviews. “AI-based voice assistants are a potential game changer,” Turaev said. “Just imagine preparing for conversations in real life by role-playing them in virtual reality. For example, you could run lines for your job interview with a 3D character — a robot who understands and supports you. AI assistants would be able to help you prepare for any questions an HR representative might ask.” Turaev believes practicing with AI voice assistants in the metaverse could double candidates’ chances of success. “It’s not just about the language, but also about mastering soft skills, in particular, communication.” It makes sense to practice a job interview with a virtual voice assistant: in the metaverse, HR departments might replaced by AI-based solutions. Almost 90% of businesses already use AI in some capacity for HR management, according to the Society for Human Resource Management (SHRM). Praktika.ai is currently available in Brazil and aims to enter other emerging markets in LatAm and the Middle East over the next few years. Turaev also intends to launch a play-to-learn NFT scheme that learners could use in the metaverse. “Almost every language-learning app increases user retention with gamification methods,” Turaev said. “Daily streaks, in-app levels, stars, hearts etc. motivate people to keep learning. The learn-to-earn model, where users get awards for studying, can bring this to an absolutely new level. We could motivate users to learn with a real in-app currency or in-app items that could be sold later on NFT marketplaces.” Companies like Meta are working on AI-powered universal speech translators for languages in the metaverse. But language is not just about input and output, being able to express or receive information at the pragmatic level, Turaev believes. “Language is about understanding a new culture and the ability to interpret its nonverbal aspects—gestures, tone, references, behavior, and emotions,” he said. “That’s why speech translation won’t be able to fully substitute language skills. Even in the metaverse, foreign employees will have to know the language of their colleagues and management to get jobs and work effectively.”
Praktika.ai Frequently Asked Questions (FAQ)
When was Praktika.ai founded?
Praktika.ai was founded in 2022.
Where is Praktika.ai's headquarters?
Praktika.ai's headquarters is located at 919 N Market St, Wilmington.
What is Praktika.ai's latest funding round?
Praktika.ai's latest funding round is Series A.
How much did Praktika.ai raise?
Praktika.ai raised a total of $35.5M.
Who are the investors of Praktika.ai?
Investors of Praktika.ai include Blossom Capital, Patrice Evra, Carles Reina, TMT Investments, 500 Georgia and 5 more.
Who are Praktika.ai's competitors?
Competitors of Praktika.ai include Speak and 4 more.
What products does Praktika.ai offer?
Praktika.ai's products include Praktika.
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