Kyiv-based edtech platform Preply bags $35 Million in Series B funding round
Established in 2013, Preply is an online learning platform uniting more than 40,000 bookable teachers training 50 languages to thousands of learners in 180 nations globally. It recently announced that it has secured $35 million in a Series B funding round. The latest funding round was led by Owl Ventures and Full In Partners, along with the participation from previous backers. “This round signifies an outstanding performance for the whole team following the interesting journey over the prior years. This new funding will support us tackle a kind of important priority, as we intend to grow our workforce over all divisions and locations. We’ll continue more value for both learners and instructors by enhancing support policies and increasing the classroom and curriculum knowledge which has shown so worthwhile already,” stated Preply CEO, Kirill Bigai. With the latest fundraised amount, the company intends to extend its business reach.