Adam Turaev

Adam Turaev is the CEO and founder of Praktika.ai, an immersive language learning app that uses generative AI avatars.1 Here are some key details about Adam Turaev:

Professional Background

Adam is a serial entrepreneur with experience in AI and technology startups. Before founding Praktika.ai, he co-founded Cleverbots, a successful conversational AI company that reached over $2 million in annual recurring revenue and served major enterprise clients like Merck, AstraZeneca, and Nestle.1

Current Role

As CEO of Praktika.ai, Adam leads the company in its mission to transform language learning through AI-powered avatar tutors. The app has gained significant traction, with over 1 million downloads worldwide and $1.6 million in annual recurring revenue.1

Education

Adam holds a Bachelor's degree in Business Administration and Management from the Higher School of Economics, where he studied from 2012 to 2016. He also pursued studies in Machine Learning at the same institution from 2014 to 2015.1

Recent Achievements

In May 2024, Praktika raised €29.9 million in Series A funding led by Blossom Capital. The company has grown rapidly, reaching almost $20 million in annualized revenues in the last 12 months and boasting 1.2 million active monthly users across 100 countries.3

Vision

Adam's goal with Praktika is to make language learning more accessible, personalized, and immersive. He aims to bridge the gap between traditional language learning apps and human tutors, empowering learners to overcome language barriers and seize new opportunities.12