Ello Raises USD15M in Series A Funding

▤ Summary

Ello, a San Francisco, CA-based developer of an AI reading coach, raised USD15M in Series A funding. The round was led by Goodwater Capital, with participation from Homebrew, Reed Hastings, Common Sense Growth, and Ravensburger. Coddy Johnson from Goodwater and Anton Waitz from Project A Ventures have joined the board alongside the three co-founders. Led by Tom Sayer, CEO, Dr. Elizabeth Adams, CXO, and Catalin Voss, CTO, Ello is solving childhood illiteracy, by scaling 1:1 instruction to maximize the learning potential of all children, regardless of resources. With patent-pending speech recognition that is accurate at a phoneme level, Ello can understand a child in a way technology has been unable to before.

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