Tech Company Financing Transactions
ELSA Funding Round
UOB Venture Management, Aozora Bank and Development Bank of Japan invested in a $23 million Series C capital raise for ELSA. The round was announced by the company on 9/12/2023.
Transaction Overview
Company Name
Announced On
9/12/2023
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the launch and expansion of its AI into international markets like Taiwan and Korea, and accelerate partnerships with corporations and schools in countries like Japan where English learners are looking to improve their language skill to access global job opportunities.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
121 Day St.
San Francisco, CA 94131
USA
San Francisco, CA 94131
USA
Phone
Undisclosed
Website
Email Address
Overview
English Language Speech Assistant is a mobile application for pronunciation training and accent reduction using speech recognition.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vu Van
Chief Technical Officer
Xavier Anguera
VP - Engineering
Alan Shang
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