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Ello Raises USD15M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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AI reading coach startup Ello raises $15M to bolster child literacy

Ello aims to eradicate childhood illiteracy by leveraging artificial intelligence and child speech recognition technology. The startup announced today that it secured $15 million in Series A financing to help it do so, and the funding will go toward product development and expanding access to consumers. “Ello is one of those great companies,” Coddy Johnson, partner at lead investor Goodwater Capital told TechCrunch. ....

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