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Ukrainian-founded Preply hits $1.2B valuation with $150M Series D
## Preply Hits $1.2 Billion Valuation
Preply, the Ukrainian-founded language learning marketplace, has announced a $150 million Series D funding round led by WestCap with support from รndico Capital Partners. This latest round brings Preplyโs total funding to approximately $299 million to-date and values the company at $1.2 billion.
The platform connects more than 100,000 tutors with learners in 180 countries, facilitating one-on-one lessons in more than 90 languages. Preply combines human-led instruction with an AI-supported tutoring co-pilot suite.
## AI Investments and Global Growth
Preply plans to use the new capital to advance its AI and data capabilities, expand its product and engineering teams, and accelerate its global growth. The goal is to reach more learners and tutors worldwide, reshaping the traditional education system.
Preply co-founder and CEO Kirill Bigai stated that the investment will help the company continue to innovate at the intersection of human tutoring and AI.
Allen Mask, Partner at WestCap, will be joining the Preply board. Stephan de Moraes, Managing General Partner at รndico Capital Partners, highlighted Preply's ability to merge cutting-edge AI with the human element of learning.
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