Edsoma, an AI-powered reading, education, and communication platform for children, has raised $2.5 million in a seed round led by Shaquille O’Neal. Founder and CEO Kyle Wallgren did not ask O’Neal for money, but rather for help in promoting the platform. The funding was raised from individual investors, with a post-funding valuation of $14 million. Edsoma offers a free version of its app, as well as monthly and yearly subscription options. The startup plans to expand into teaching reading in other languages, such as Spanish, and aims to become the top literacy resource in the United States.
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