Preply: A Revolution in Language Learning
In a bold move aimed at changing the landscape of language learning, Ukrainian startup Preply has raised $35 million to accelerate its expansion. This funding will go towards introducing more formal educational parameters, enhancing its platform’s machine learning algorithms, and expanding its global reach.
The Rise of Preply
Preply was founded in 2016 by Oleksandr Zhylyaichuk and Andriana Kovalchuk, who envisioned a revolutionary approach to language learning. Initially focused on providing one-on-one tutoring through video calls, the company quickly expanded its offerings to include a wide range of languages, tools for corporate training, and cutting-edge educational content.
From Startups to Giants
Over the past five years, Preply has transformed from a niche startup into a major player in the language learning industry. Its unique model combines convenience with personalization, offering students access to high-quality tutors, interactive lessons, and comprehensive progress tracking. The company’s mission is simple: to make language learning accessible, affordable, and effective for everyone.
Key Features of Preply
- Personalized Learning Paths: Preply uses advanced machine learning algorithms to match students with tutors who best suit their learning style, time availability, and goals.
- Diverse Language Options: With a growing library of languages in Spanish, English, French, Arabic, Italian, and more, Preply caters to a wide range of linguistic needs.
- Interactive Content: Tutors create detailed lesson plans tailored to each student’s progress, ensuring a customized learning experience.
Competition with Big Players
While Preply competes with established players like Duolingo, Memrise, and GoStudent, its unique approach sets it apart. Unlike traditional language learning platforms, Preply allows tutors to set their own rates and offer unique lesson plans, creating a vibrant ecosystem where students can benefit from diverse teaching styles.
Funding and Growth
The latest round of funding will enable Preply to further refine its offerings, particularly in formalizing educational content for its courses. With this investment, the company aims to provide structured curricula aligned with language learning goals, making it easier for students to track their progress and achieve their objectives.
The Vision for the Future
As Preply continues to grow, its goal is to become a leading provider of high-quality language education, both in consumer markets and corporate settings. By combining cutting-edge technology with personalization, Preply is poised to redefine the future of language learning.
Ingrid Lunden
Europe Editor
TechCrunch
Topics: Europe, Preply, TC, ukraine
