Orai lands $2.3M seed round led by Comcast Ventures - Technical.ly Philly

Business

Feb. 20, 2019 12:45 pm

Orai lands $2.3M seed round led by Comcast Ventures

The company, which participated in Comcast's LIFT Labs accelerator last year, is working toward the "greater good" with its speech coaching app, according to its CEO.

CEO Danish Dhamani pitching at the LIFT Labs Accelerator demo day.

(Photo by Roberto Torres)

Correction: Comcast Ventures led Orai's seed round and did not contribute the full $2.3 million. (2/20, 2:20 p.m.)

Center City-based Orai, makers of a speech coaching app, announced Tuesday it raised $2.3 million in a seed round led by Comcast Ventures.

CEO and cofounder Danish Dhamani told TechCrunch, which first reported the news, that the company will be targeting businesses as its primary clients, letting them customize the company’s training tools to their needs.

Over the coming year, Dhamani told Technical.ly, Orai will use the funding to continue development of its technology, a version of which is also available for free in the Android and iOS app stores.

The funding allows Orai to develop the technical capabilities to build “something that’s transformative to humanity,” Dhamani said.

Um, what? Yes, there is a “greater good” tie to what the company is doing.

“Speech is a fundamental skill,” says Dhamani, a Tanzanian immigrant who came to Philly to study at Drexel University. “And there’s a lot of research that shows that if you can communicate more effectively, you’re improving your self-worth by 50 percent.”

Per the cofounder, if the company can build something that’s truly scalable and accessible to anyone in any part of the world, then it can lead to personal and professional transformation.

The company has a team of 12, six of which are based out of the Comcast Technology Center, as part of Orai’s participation in the LIFT Labs accelerator program. It was one of many companies from the cohort that would go on to strike some type of deal within the Comcast ecosystem — from venture deals to clients to licensing deals.

“Philly has been a great city,” Dhamani said. “And it’s one of the reasons we are who we are today.”

Companies: Orai
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Youngmoo Kim on breaking the ‘monoculture’ of tech: ‘What the hell are you waiting for?’

An app to connect musicians debuts at Cypher City Spotlight

The Philly revenue department’s data-driven strategy to upend city bureaucracy

SPONSORED

Philly

Why working with the University City Science Center was a game changer for 4 Philly startups

Philadelphia, PA

Linode

Product Marketing Manager

Apply Now
Blue Bell, PA

Pinnacle 21

Senior Software Engineer

Apply Now
Philadelphia, PA

PromptWorks

Senior UX Designer

Apply Now

Boys’ Latin’s computer science teacher is trying to crack the code of STEM education

Roundtrip just raised a $5.1M Series A to double in size

This startup is striving to deliver the future of freight

SPONSORED

Philly

Take a peek at the opportunities popping up at PromptWorks

Philadelphia, PA - Center City

Odessa

Sr. Business Analyst – Bilingual (Spanish)

Apply Now
Philadelphia, PA

Linode

Senior Software Engineer – Kubernetes

Apply Now
Philadelphia, PA

Linode

Software Development Engineer in Test

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!