iLearningEngines, an AI-powered learning automation and information intelligence company for corporate and educational use, has merged with Arrowroot Acquisition Corp., a publicly-traded special purpose acquisition company sponsored by private equity firm Arrowroot Capital.

The company serves markets including healthcare, education, insurance, retail, oil and gas, energy, manufacturing and government. At close, the combined company will be named iLearningEngines Inc. and is expected to remain listed on the Nasdaq. The combined company will continue to be led by iLearningEngines’ existing CEO and founder, Harish Chidambaran.

Cooley LLC is serving as legal counsel to iLearningEngines and Goodwin Procter LLP is serving as legal counsel to Arrowroot Acquisition Corp.