Loora, a pioneering AI company focused on English language learning, has been honoured with the prestigious Best Language Learning App of the Year award by EdTech Breakthrough. The award recognises Loora’s innovative AI-driven platform that aims to democratize access to English fluency through personalised learning experiences.
Loora Wins Prestigious EdTech Breakthrough Award for Language Learning Innovation
TEL AVIV, Israel, July 8, 2024 — Loora, an artificial intelligence (AI) company specializing in English language learning, recently received the distinguished honour of being named the Best Language Learning App of the Year by EdTech Breakthrough. The accolade is a mark of recognition for Loora’s innovative AI-driven platform designed to democratize access to English fluency through personalized and practical learning experiences.
The EdTech Breakthrough Awards are notable for conducting meticulous evaluations of the global educational technology landscape. The awards aim to celebrate excellence and innovation within the industry. This year, Loora emerged as a standout among 2,500 applicants, securing its position alongside well-known industry players such as Kahoot!, Carnegie Learning, and LEGO Education.
Loora has made noteworthy strides in addressing a significant gap within the language learning market. Their app features an AI-based virtual tutor that provides real-time feedback on pronunciation and grammar during conversations. This personalized approach allows users to engage in meaningful practice on subjects relevant to their lives. Whether preparing for job interviews, engaging in technical discussions, or practicing everyday social interactions, Loora helps learners enhance their English proficiency, opening doors to new career and social opportunities.
Roy Mor, the CEO and Co-Founder of Loora, expressed his gratitude and enthusiasm about the award. “We’re honoured to be recognized by this prestigious award in the education industry,” he said. Mor emphasized the continuous efforts made to refine the AI technology behind Loora, adding, “this award validates our hard work and the value of our mission to make English fluency attainable through AI.”
The AI training methodology that Loora employs is at the core of its success. The app, which has seen a substantial increase in its Annual Recurring Revenue (ARR) and user retention, utilizes proprietary data to continuously improve its foundational models. In 2023, Loora witnessed more than an eightfold increase in ARR and doubled its user retention rate, highlighting the growing demand for effective digital learning tools over traditional methods.
Loora’s reach already spans thousands of paying subscribers across the US, Europe, Asia, and Latin America, and the company is aiming to expand further. The app’s availability on the App Store has facilitated its growing adoption. As Loora expands, its team remains focused on enhancing AI technology to offer a more robust learning experience.
The EdTech Breakthrough award has put a spotlight on the evolving role of technology in education. Rather than replacing traditional learning methods, successful technologies appear to complement and enhance them. As AI continues to evolve, tools like Loora are likely to become integral to individuals seeking flexible and effective learning solutions.
Founded by Roy Mor and Yonti Levin in 2020, Loora’s mission has been to leverage AI to make English fluency both attainable and accessible. The app is designed to mimic interactions with a native English speaker, providing around-the-clock feedback without judgment. This approach not only aids language acquisition but also boosts users’ confidence in their communication skills.
For more information about Loora and to download the app, interested parties can visit their official website.
Loora’s recent accolades and the significant strides they have made in AI-driven education highlight a promising future for digital language learning solutions. As technology continues to advance, the potential for AI in education may redefine the ways in which we think about learning and accessibility.
