Preply raises USD 35m in series B funding
Ukrainian global language learning marketplace Preply raised USD 35m in Series B funding, ain.ua reported.
Owl Ventures and Full In Partners co-led the round with participation from previous investors Point Nine Capital, Hoxton Ventures, EduCapital, All Iron, Diligent Capital, and Evli Growth Partners.
Also, angel investors including Niklas Ostberg, co-founder & CEO of Delivery Hero; Arthur Kosten, co-founder of Booking.com; David Helgason, co-founder of Unity Technologies; and Przemyslaw Gacek, co-founder of Grupa Pracuj, also participated in the current round.
According to Preply CEO Kirill Bigai, the funds raised will be used to expand the company’s staff across all locations where it operates. Preply was founded in 2013, and this round collectively exceeds all the investments the company has raised since its inception.