Preply Overview
- Year Founded
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2012
- Status
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Private
- Employees
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650
- Latest Deal Type
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Series C
- Latest Deal Amount
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$70M
- Investors
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36
Preply General Information
Description
Developer of a digital tutoring platform designed to promote learning with one-on-one online tutors. The company's marketplace helps to find, book, and connect professional private tutors online globally with individual learners, enabling learners to achieve their goals and speak confidently.
Contact Information
Website
www.preply.comCorporate Office
- 1309 Beacon Street
- Suite 300
- Brookline, MA 02446
- United States
Corporate Office
- 1309 Beacon Street
- Suite 300
- Brookline, MA 02446
- United States
Preply Timeline
Preply Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC (Series C) | 19-Jul-2023 | $70M | Completed | Generating Revenue | ||
| 11. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 10. Later Stage VC (Series C) | 14-Mar-2022 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series B) | 09-Mar-2021 | Completed | Generating Revenue | |||
| 8. Secondary Transaction - Private | 23-Jul-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A) | 29-Mar-2020 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Seed Round | 24-Jul-2018 | Completed | Generating Revenue | |||
| 4. Seed Round | 07-Apr-2016 | $1.3M | $1.82M | Completed | Generating Revenue | |
| 3. Accelerator/Incubator | 15-Jan-2015 | $120K | $520K | Completed | Generating Revenue |
Preply Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Seed-1 | 16,207,455 | $0.001000 | $0.25 | $0.25 | 1x | $0.25 | 11.25% | |
| Seed | 8,424,681 | $0.001000 | $0.2 | $0.2 | 1x | $0.2 | 5.85% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Preply Comparisons
Industry
Financing
Details
Preply Competitors (28)
One of Preply’s 28 competitors is Cambly, a Venture Capital-Backed company based in Covina, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cambly | Venture Capital-Backed | Covina, CA | ||||
| Voxy | Venture Capital-Backed | New York, NY | ||||
| Hello Learner | Venture Capital-Backed | Jaipur, India | ||||
| Busuu | Formerly VC-backed | London, United Kingdom | ||||
| SpeakingPal | Formerly VC-backed | Tel Aviv, Israel |
Preply Related Research & Analysis
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Key Data Points
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Majestic Referring Domains
Preply Investors (36)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Horizon Capital (Kyiv) | PE/Buyout | Minority | ||
| Reach Capital | Venture Capital | Minority | ||
| Voltity | Family Office | Minority | ||
| Flashpoint (London) | Growth/Expansion | Minority | ||
| Orbit Capital | Growth/Expansion | Minority |
Preply Acquisitions (1)
Preply’s most recent deal was a Merger/Acquisition with LessonLeap. The deal was made on 01-Oct-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| LessonLeap | 01-Oct-2022 | Merger/Acquisition | Educational and Training Services (B2C) |
Preply FAQs
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When was Preply founded?
Preply was founded in 2012.
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Where is Preply headquartered?
Preply is headquartered in Brookline, MA.
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What is the size of Preply?
Preply has 650 total employees.
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What industry is Preply in?
Preply’s primary industry is Educational Software.
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Is Preply a private or public company?
Preply is a Private company.
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What is the current valuation of Preply?
The current valuation of Preply is .
-
What is Preply’s current revenue?
The current revenue for Preply is .
-
How much funding has Preply raised over time?
Preply has raised $171M.
-
Who are Preply’s investors?
Horizon Capital (Kyiv), Reach Capital, Voltity, Flashpoint (London), and Orbit Capital are 5 of 36 investors who have invested in Preply.
-
Who are Preply’s competitors?
Cambly, Voxy, Hello Learner, Busuu, and SpeakingPal are some of the 28 competitors of Preply.
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