AllRight, an English language learning app for children, raises $5M from Genesis Investments – TechCrunch
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. It’s now raised a $5 million Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC and existing investors Flashpoint and Misha Lyalin. There are approximately 1.5 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. He said: “Our pilot language pair launch three years ago showed that learning a language with gamification in early childhood produces excellent results.