What is Preply?
Preply operates as a sophisticated, AI-enabled language learning marketplace that prioritizes human connection as the foundation of educational progress. By integrating always-on, AI-powered tools with a global network of expert tutors, the platform provides a personalized learning experience that fosters sustained motivation and measurable skill acquisition. Positioned at the intersection of EdTech and the future of work, Preply is redefining how individuals approach language mastery in an increasingly interconnected global economy. The company's focus on high-quality, scalable tutoring solutions has established it as a leader in the digital education space, catering to a diverse user base seeking both professional and personal development.
How much funding has Preply raised?
Preply has raised a total of $471.8M across 7 funding rounds:
Angel/Seed
$1.3M
Private Equity
$4M
Series A
$10M
Series B
$35M
Series C
$170M
Private Equity
$101.5M
Series D
$150M
Angel/Seed (2016): $1.3M with participation from Hedgehog fund and RTAventures
Private Equity (2017): $4M, investors not publicly disclosed
Series A (2020): $10M supported by Point Nine, The Family, All Iron Ventures, EduCapital, Diligent Capital, and Hoxton Ventures
Series B (2021): $35M featuring Full In Partners, All Iron Ventures, Owl Ventures, Hoxton Ventures, and Point Nine
Series C (2023): $170M backed by Reach Capital, Evli Growth Partners, Horizon Capital, Hoxton Ventures, Diligent Capital, Educapital, and Owl Ventures
Private Equity (2026): $101.5M, investors not publicly disclosed
Series D (2026): $150M led by Westcap
Key Investors in Preply
Owl Ventures
A global leader in education technology investing, Owl Ventures focuses on innovative solutions that enhance learning experiences and democratize access to quality education.
Educapital
Europe's largest venture capital fund dedicated to Edtech and the Future of Work, supporting mission-driven entrepreneurs shaping the next generation of learning.
Hoxton Ventures
An early-stage venture capital firm based in London that specializes in scaling European technology startups into global market leaders.
What's next for Preply?
With the infusion of this latest capital, Preply is well-positioned to accelerate its global expansion and deepen its technological infrastructure. The strategic focus will likely center on enhancing its AI-driven personalization engines to further optimize the tutor-learner matching process and improve learning efficacy. As the company matures, it is expected to explore new market segments and potentially expand its service offerings to address broader workforce upskilling needs. By maintaining its commitment to equitable access and high-quality instruction, Preply is poised to solidify its market dominance and continue its trajectory as a transformative force in the global education landscape.
See full Preply company page
