Preply, an online language learning platform, has achieved a valuation of $1.2 billion. The company's co-founder and CEO, Kirill Bigai, shared that the business originated from his personal need to find an English tutor. In the early stages, Bigai and his co-founder worked without salaries for a year, bootstrapping the company from Kyiv, Ukraine, and taking on side jobs to support themselves. Over time, Preply grew to connect over 150,000 tutors with learners in 180 countries, offering more than 90 languages. AI
IMPACT Accelerates adoption of AI-powered tutoring and personalized learning platforms.
RANK_REASON Significant funding round and valuation for a major learning platform. [lever_c_demoted from significant: ic=1 ai=0.7]
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