Most language apps promise fluency. Most deliver streaks. Preply made a
different bet — that a real person on the other side of the screen is still the
most powerful learning tool ever built. In January 2026, that bet reached a
$1.2 billion valuation.
Founded in 2012 by Ukrainian entrepreneurs Kirill Bigai, Dmytro Voloshyn,
and Serge Lukyanov, Preply is an online language tutor platform
connecting learners with live, one-on-one human tutors across more than 90
languages in 180 countries. Its network now covers over 100,000 tutors, 300,000
five-star reviews, and a learner base spanning virtually every corner of the
world. When other EdTech platforms were quietly replacing teachers with
chatbots, Preply moved in the opposite direction entirely.
Duolingo went AI-first and faced immediate backlash from learners and
educators alike. Preply studied the reaction and chose a different path. Its
2025 Efficiency Study, conducted with nonprofit research organization LeanLab
Education, found that 96% of learners consider real conversations with a human
tutor essential to their progress. Furthermore, 97% said those interactions
were the primary driver of their confidence.
The outcome data supports that instinct. Learners on Preply progressed up
to three times faster than average benchmarks, with one in three moving up a
full CEFR proficiency level in just 12 weeks. That's not a marketing claim.
It's measured progress that most apps can't replicate because no algorithm
catches the moment a student hesitates, pivots the lesson, and remembers what
they struggled with last week.
AI does play a role, but a quiet one. Preply's tutoring co-pilot suite
tracks progress, generates lesson insights, and automates administrative work
so tutors spend their time teaching. The technology serves the teacher. The
teacher serves the learner.
Since its Series C round, Preply tripled both its tutor network and its
revenue, while adding more than 40 new languages to the platform. In 2025, the
company became EBITDA positive — a milestone that separates it from most EdTech
competitors still burning through cash.
In January 2026, Preply closed a $150 million Series D led by WestCap,
bringing total funding to $299 million. The European Bank for Reconstruction
and Development and Horizon Capital also joined the round. WestCap partner
Allen Mask, previously a senior leader at Airbnb, joined the board — a signal
that Preply is being positioned for the kind of global marketplace scale Airbnb
achieved in travel.
CEO Kirill Bigai put it directly: today, Preply connects people with the
world's best tutors, amplified by AI, bringing learning efficiency to a level
that was previously unreachable.
The corporate market is where the next chapter lives. Preply for Business
serves companies whose teams need to communicate across borders, replacing
expensive in-person language programmes with flexible tutor-led lessons that
fit real work schedules. HolonIQ forecasts the direct-to-consumer language
learning market reaching $227 billion by 2035, and Preply's position is that
human instruction will capture a growing share of that spend.
Worth noting is where the company builds from. Approximately 150 of
Preply's 750 employees work from Kyiv — a commitment the founders have
maintained throughout the war in Ukraine, through power cuts and air raid
shelters. It's a detail that doesn't appear on a product roadmap, but says more
about the company than most funding announcements do.
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