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Preply has reached a $1.2 billion valuation following a $150 million Series D funding round. This funding solidifies its status as a unicorn in the EdTech sector.
Preply, a global online marketplace for language learning, has achieved a valuation of $1.2 billion after closing a $150 million Series D funding round. This milestone highlights its growth and strong market position. The company has also reported being EBITDA positive in the past year. Investors are advised to understand the business model and operational risks before investing.
Company Information
Company
Preply
Location
1309 Beacon Street, Suite 300
Brookline, Massachusetts, United States
About
Preply is the human-led, AI-enabled language learning platform building the future of learning. With a global network of more than 100,000 tutors teaching over 90 languages, we are the category leader and the largest online marketplace that brings human tutors together with learners from 180 countries, supporting them with always-on, AI-powered tools to deliver real progress with every lesson.
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BrooklineInformation TechnologyEducationE Learning