Emmersion Learning, a Lehi, UT-based language learning platform, raised $2.4M in second funding round.
The round was led by Imagen Capital Partners, with participation from major existing investors.
The company intends to use the funds to:
– expand its existing platform,
– explore new offerings that cater to the academic and corporate markets, and
– accelerate R&D hiring.
Founded in 2015 by Joe Tomco, CEO, Emmersion Learning provides a language learning platform that leverages data captured through an adaptive and automated assessment system. TrueNorth Test is a fully-automated speaking test that allows users to get immediate results from their speaking assessments through the use of machine learning and artificial intelligence.
The company’s Spanish and English assessments have been taken by several Fortune 500 companies and numerous major universities in over 30 countries worldwide.
Ten additional languages including Japanese, French, German, Italian, Russian, Chinese, and Arabic are set to release soon.
FinSMEs
04/03/2019