Preply

Preply is a company that participated in the Class 55 - Berlin 2015 Summer cohort of Techstars and raised an estimated $1,638,000.

Preply Enterprise is a program specially designed for teams and organizations offering made-to-measure language training with online tutors.

The company was founded in 2012 by Ukrainian entrepreneurs Kirill Bigai, Dmytro Voloshyn, and Serge Lukyanov. The website, preply.com, was relaunched in November 2013 with the focus on online language learning.

In 2018, Preply Classroom (formerly Preply space) was launched as the all-in-one language learning ecosystem with the integrated video platform, online chat, screen sharing, and more.

In 2019, Preply opened a new office in Barcelona, Spain, and expanded its services into UK, Germany, and Spanish markets.

As of September 2021, the app has received $50.6 million of investments in a total of 8 funding rounds.

Product

Preply’s product is based on one-to-one human tutoring. The company uses a machine learning algorithm to increase matching efficiency between learners and tutors on a variety of parameters such as price, availability, country of birth, other languages spoken, learning objectives and more.

SBA Awards

In May 2020, Preply won “The Revenue Hack of 2020” at the Ukrainian Startup Awards.

In July 2021, Preply was a finalist for the 2021 Europas award for “Hottest edTech Startup in Europe”.

Later that month, Preply was nominated for the “Top 100 IT Employers in Ukraine”