AllRight secured $5 million in a Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC and existing investors Flashpoint and Misha Lyalin.

AllRight, a Kyev, Ukraine-based operator of an educational cross-platform announced that it raised $5 million in series A capital round.

The money was raised from investors led by Genesis Investments, and included contributions from TMT INVESTMENTS, TerraVC, and existing investors Flashpoint and Misha Lyalin. Proceeds will be used for supporting the company's AI tutor development and group lessons, as well as for entering new markets and strengthen its positions in Poland, Spain, and Latin America.

AllRight, founded in 2017 by CEO Oleg Oksyuk, developed a global platform for English learning for kids, which combines lessons with real teachers and homework with AI-powered tutors. The company claims to deliver about 50,000 lessons per month on an interactive online platform controlled by AI.