AllRight Raises $5M to Scale Its AI-Enhanced English Learning Platform for Children
Ukraine-based edtech startup AllRight has successfully closed a $5 million Series A funding round led by Genesis Investments, with participation from TMT Investments, TerraVC, and existing investors Flashpoint and Misha Lyalin. The investment will fuel the company’s expansion into new markets and strengthen its presence in Poland, Russia, Spain, and Latin America.
Innovative Approach to Language Learning
AllRight offers a unique blended learning platform for children aged 4+ that combines:
- Live lessons with certified teachers
- AI-powered homework tutors
- Gamified learning experiences
- Voice recognition technology for pronunciation practice
The platform currently serves 9,000 students who complete approximately 50,000 lessons monthly across Spanish-English, Polish-English, and Russian-English language pairs.
Targeting the Growing Edtech Market
The global English language learning sector presents significant opportunities:
- 1.5 billion English learners worldwide
- 500 million child learners in 2020
- Market projected to reach $55 billion by 2025 (7% annual growth)
AllRight specifically focuses on emerging markets with lower online education penetration rates, positioning itself against compe*****s like Open English, LingoKids, and NovaKid.
Leadership and Growth Trajectory
Founded in 2017 by Oleg Oksyuk, AllRight’s team includes veterans from 51Talks, SkyEng, Cisco, and Yandex. The company has demonstrated impressive growth:
- 3x year-over-year platform growth
- Successful expansion into multiple language pairs
- Strong adoption during pandemic-driven remote learning
“Our pilot launch proved that gamified early childhood language learning delivers exceptional results,” said Oksyuk. “This funding allows us to bring affordable, engaging English education to more children worldwide.”
Vitaly Laptenok of Genesis Investments noted: “This marks our largest investment to date. AllRight’s strong growth metrics and strategic market expansion make it a standout in the edtech space.”
Technology Behind the Platform
AllRight’s innovative features include:
- Real-time collaboration tools for teachers and students
- AI-powered quality control for lessons
- Voice-only interface with advanced speech recognition
- Synthetic voice technology for pronunciation practice
As the demand for online language learning continues to grow, AllRight is well-positioned to capitalize on the expanding global market for children’s English education.
